Proof of Stake Passive Income

How to Stake (e-Money) NGM Token

Earn Staking Rewards. Secure the e-Money Network by staking Next Generation Money (NGM) token. Join our staking ecosystem.

SmartNodes Validator ⚛
3 min readMay 1, 2022
Accelerating the World’s Transition to Digital Money
 OVERVIEW
 Founded in 2016 by a Danish fintech company, e-Money is a blockchain-based payment platform that aims to bridge the legacy banking system with a single efficient blockchain layer.
 
 Built on Cosmos technology, the e-Money protocol is built for the issuance of a range of interest-bearing currency-backed stablecoins.
Staking guide E-money(NGM)

The (e-money) NGM is the token of the e-Money ecosystem, NGM stands for Next Generation Money token, It is a staking and governance token, users can stake NGM to secure the e-Money network. The company’s motto is the empowerment of people in the digital economy.

E-money introduction by popular Youtuber Cryptocito

Check out cryptocito for amazing content related to cryptocurrency( Youtube)

Where can we Buy NGM?

  1. Kucoin (CEX)
  2. Ascendex (CEX)
  3. Uniswap (DEX)
  4. Osmosis (DEX)
  5. Sifchain (DEX)

How to stake the NGM token?

After buying on the exchange you need to transfer those NGM tokens to a Self-custodial wallet to stake.

Self custodial wallets

  1. Keplr
  2. Cosmostation

After you transfer your assets to your new wallet, open smartnodes.one to stake the NGM Tokens.

Step 1- Go to the delegate section and find the e-money(NGM). Click on Delegate

Step 2- Click on Delegate again.

The proof-of-stake model allows owners of a cryptocurrency to stake coins and create their own validator nodes.

Step 3 -Connect your Keplr wallet

Download Keplr Chrome Extesion https://chrome.google.com/webstore/detail/keplr/dmkamcknogkgcdfhhbddcghachkejeap?hl=en

Step 4- Select Keplr -Click Next then- Click Approve.

Step 5- Input account name, make sure E-Money is selected in Import addresses for the chain. Click Next.

Step 6- Confirm check your address is correctly added and click on save.

Step 7-You have successfully imported your NGM tokens into Smartnodes.one

Next, click Delegate to proceed into the staking.

Step 8- Now select validator, input the amount you want to stake, Fill the gas fee as 5000, select Keplr wallet, and click on Send.

Step 9- Approve the transaction in Keplr pop-up window.

Secure the e-Money Network by staking Next Generation Money (NGM) token. Join our proof of stake blockchain ecosystem.

Step 10- Congratulations, You have successfully staked your NGM tokens with Smartnodes ( You can also see your asset allocation, rewards, and balance).

About Smartnodes Validator

Smartnodes Validator offers 100% Fully refunded Slash and double sign protection.

  1. We are highly active in the cosmos and lend support where we can. We are community-driven. Smartnodes validator actively Votes on proposals to help ensure proper governance.
  2. The Infrastructure used by Smartnodes is only the Best of the Best with 10 Layers of security in place to protect your assets.
  3. We are currently validating on 28 proof of stake chains and growing, check out our website for our Validator nodes. ( Smartnodes.one)
  4. In case of any other question, please feel free to reach out to a team member on social media or by mail at hello @smartnodes.one

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SmartNodes Validator ⚛
SmartNodes Validator ⚛

Written by SmartNodes Validator ⚛

SmartNodes is a Proof-of-Stake infrastructure for blockchains. Get Rewarded by Staking your Crypto Assets. Fast, Easy & Secure https://smartnodes.family

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