The Enjin ecosystem comprises the Enjin Platform, NFT.io, Enjin Wallet 2.0, Beam, SDKs, and other tools and services that allow game and app developers to boost their revenue, gain a competitive advantage, and innovate in ways that were previously impossible. Enjin's tools and services, originally developed for gaming, are versatile and applicable to businesses of all sizes and industries. Whether seeking to create blockchain products or utilize tokenized digital assets for acquisition, retention, engagement, and monetization strategies, Enjin's expertise can be a valuable resource.The Enjin Platform is a powerful Platform as a Service (PaaS) for blockchain technology, designed to simplify the creation and administration of blockchain games.

Governance

Governance is a key aspect of the Enjin Blockchain, a Proof-of-Stake (PoS) blockchain. It involves users participating in the network's operations by "staking" or locking up their Enjin Coins (ENJ). Staking allows the network to validate transactions, secure the blockchain and produce new blocks.

Individual users play an important role in validator oversight. They will be able to participate in governance by joining nomination pools, which are blockchain entities that enable users to contribute their tokens to the network. These pools select nodes (and stake the pooled ENJ toward these nodes) to become active validators for creating new blocks. Validators that produce valid blocks receive rewards in the form of ENJ tokens, which are then distributed among the users who staked their ENJ in the corresponding pool.

This process of participation within the Enjin Blockchain ecosystem is a way for ENJ holders to participate in validator oversight, thereby keeping the network secure.

Staking Guide & Instructions

Stake your ENJ tokens in a few clicks by following these steps:

The easiest way to stake ENJ is via the Enjin Wallet.

• Download the Enjin Wallet from the Appstore.
• ‍Head over to the Enjin Wallet App
  
• ‍Click on ''Stake''.
• Enter the amount you want to delegate.
• Remember to keep some ENJ available to pay for transaction fees.
• Click “Stake” and then click “Continue” to approve the transaction.

Useful info about staking

• Rewards are distributed daily.
• MatrixedLink supports most staking pools.
• The unbonding period to unstake is 28 days.
• The minimum amount to stake ENJ is 1.

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