Lisk’s Blockchain uses a Delegated Proof Of Stake consensus protocol which allows users to delegate their Lisk coins to block producers and earn a share of their block rewards. Each Lisk user can vote up to 101 delegates and the top 101 delegates become the designated block producers for the Blockchain. Many delegates are active contributors to Lisk’s Blockchain and it is suggested that you vote for delegates that continue to be active, however, only the top 101 delegates will earn you a share of block rewards.
Steps To Earn Passive Income With Lisk
- Buy Lisk on a Crypto Exchange.
- Download the Lisk Hub Wallet to vote for delegates
- Send your Lisk coins to your Lisk Hub wallet
- Vote for the delegates you want
- Sit back and enjoy the passive earnings