<center>https://topstaking.com/wp-content/uploads/2019/08/Staking-EOS-featured-image.png</center> <br/><a href="https://eos.io/">EOS</a> is a unique and exciting <a href="https://www.investopedia.com/terms/b/blockchain.asp">blockchain</a>. Running off the <a href="https://topstaking.com/different-types-of-proof-of-stake-and-staking/">DPOS (Delegated Proof of Stake)</a> consensus engine. EOS is fast, scalable, and <a href="https://seekingalpha.com/article/4244508-crypto101-top-3-undervalued-coins-watch-2019">underrated for its performance today</a>. If you have EOS, don’t be intimidated to actually use it!

While becoming a block producer and actually earning new EOS via DPOS system is likely impractical, EOS’s recent <a href="https://eosrex.io/">REX (Resource Exchange)</a> makes borrowing or leasing out your EOS resources (EOS token is a claim to resources as transactions are free) as easy as ever!

With REX, anybody can stake their EOS and <strong>earn APR basically risk free</strong>. While the APR rates are currently not that high, as more and more platforms <a href="https://eos.io/build-on-eosio/">build on EOS and grow the demand for EOS resources</a>, staking rates are likely to go up. And if you have EOS you plan on keeping for a long time, why not put them to work and grow your holdings?
<h1>EOS Resources and how it works</h1>
One of the main issues in EOSIO based blockchains today is the cost of using the network and CPU resources.

<center><img class="wp-image-394 size-full aligncenter" src="https://topstaking.com/wp-content/uploads/2019/08/increase-volatility-and-capital-cost.png" alt="stake EOS graph with indicators/arrows and labels of increase volatility and capital cost" width="800" height="300" /></center><br/>

The <a href="https://en.wikipedia.org/wiki/Daniel_Larimer">CEO of EOS, Daniel Larimer</a> presented a solution that can lower the capital costs of CPU resources and EOS network usage. As EOS is new and not that widely used yet besides by cryptocurrency enthusiast, there are a lot of people with EOS resources that don’t need them today.

So the next obvious step was to create a rental market for those who want to rent their <a href="https://medium.com/@eosasia/what-is-cpu-what-is-ram-and-how-does-the-eos-blockchain-utilize-these-resources-a7a52e158652">unused CPU time / bandwidth</a>. This of course requires <a href="https://www.investopedia.com/terms/p/pricediscovery.asp">price discovery</a> and <a href="https://www.investopedia.com/articles/basics/07/liquidity.asp">liquidity</a>. A rental market should be able to provide resources that are available for a low, reasonable price.

This market will give <a href="https://etherscan.io/token/tokenholderchart/0x86fa049857e0209aa7d9e616f7eb3b3b78ecfdb0">Token holders</a> the option to lend their EOS at a fee in exchange for some <a href="https://www.investopedia.com/terms/l/liquidityrisk.asp">loss of liquidity</a> for the duration of the loan. Therefore providing zero risk of losing capital to the lenders.

<center><img class="aligncenter wp-image-395 size-full" src="https://topstaking.com/wp-content/uploads/2019/08/Untitled-drawing-8.png" alt="stake eos article pic of eos coin and rex coin ratio of 1:1" width="800" height="300" /></center><br/>
<h1>How will the Tokens for Lending work?</h1>
There’s a Resource Exchange(REX) that allows you to convert your EOS tokens for REX tokens at the current book value of the Resource Exchange and/or convert your REX tokens back to EOS at book value, anytime you like.

The <a href="https://eosrex.io/statistics#rex-value" target="_blank" rel="noopener noreferrer">REX tokens’ book value will increase</a> due to fees from various network operations, such as; fees generated when lending the EOS, fees earned for renting CPU and NET resources, RAM trading, name auctions and any other resources that the EOSIO chain provides. Accrued rewards from all possible sources, can generate an amount effective enough to be offered as a reward for holding EOS for at least 30 days (the rental period).

<center><img class="aligncenter wp-image-396 size-full" src="https://topstaking.com/wp-content/uploads/2019/08/EOS-REX-Lending.gif" alt="" width="812" height="586" /></center><br/>

Additionally, Staked EOS or/ SEOS tokens is created every time an EOS is contributed to the books of REX. Using one system, SEOS can be further converted into the delegated EOS for CPU resources over a 30 day period.
<h1>How can this lower the costs of resources?</h1>
The current allocation model in the EOS network is built in such a way that using the network for a month costs exactly the same as having the right to use the network forever (minus the proceeds of selling 30 days later).

The issue about this allocation model is that, 30 days of interval with the possible market volatility can either double the amount or lose half of it. Therefore, renting out CPU resources heads the traders not being exposed to the EOS’s price volatility and will have the advantage of EOS’s cheap price.

This model incentivizes <a href="https://www.forbes.com/sites/ksamani/2018/09/18/the-definitive-voting-guide-for-eos-block-producers/" target="_blank" rel="noopener noreferrer">participants in the governance of the EOS network</a> and by doing so, lessens exposure to EOS price volatility. This will surely create a huge demand for buying and holding EOS tokens.
<h1>How to Stake your EOS</h1>
It’s time for the “How?”, now that you better understand the “Why?” for EOS staking.

The process is actually made very easy and EOS Authority has made a very easy website and guide for staking your EOS on the REX. I will briefly summarize so you know what to expect
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<h4><strong>Step 1: Get a wallet</strong></h4>
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<p style="padding-left: 30px;"><a href="https://get-scatter.com">Scatter</a> is EOS’s main wallet interface and has become widely accepted as a way to use and interact with EOS platforms. So the first step is to <a href="https://get-scatter.com/download">download scatter</a> and get your EOS onto your wallet. Follow Scatter’s guides to making a secure wallet and make sure not to share your private key with anyone.</p>

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<h4><strong>Step 2: Login to Rex</strong></h4>
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<p style="padding-left: 30px;"><img class="wp-image-384 size-full alignnone" src="https://topstaking.com/wp-content/uploads/2019/08/Step-2-Login-to-REX-snippet.png" alt="Step 2- Login to REX snippet in stake rex article" width="810" height="122" /><br/>
Once you have Scatter installed simply go to a REX homepage. We recommend accessing through <a href="https://eosauthority.com/rex/">https://eosauthority.com/rex/</a>.
Once there go to “Add account” and enable pop-ups and other activity on your website as your EOS scatter wallet will take over from there. Remember to be logged into Scatter before doing this step.</p>

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<h4><strong>Step 3: Voting and Other Prerequisites </strong></h4>
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<p style="padding-left: 30px;">If you want to Utilize EOS’s REX, there are some prerequisites you will have to complete such as voting for block producers.
<img class="alignnone wp-image-383" src="https://topstaking.com/wp-content/uploads/2019/08/Step-3-Voting-and-Other-Prerequisites-snippet.png" alt="Step 3- Voting and Other Prerequisites snippet for stake eos article" width="400" height="97" /><br/></p>
<p style="padding-left: 30px;">Scatter and the website will walk you through this process with general ease. My suggestion if you don’t know who to vote for is just to delegate your EOS voting to a <a href="https://coincentral.com/what-is-an-eos-delegate/">trustworthy delegate</a>. This will be the wallet and website recommendation as well.</p>

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<h4><strong>Step 4: Deposit into REX</strong></h4>
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<p style="padding-left: 30px;">On the “Borrow CPU/Net” tab go to deposit into REX. Choose the amount of liquid EOs you want to eventually stake and click deposit. I recommend keeping a little liquid EOS in case you need to stake it later for more network resources for your own wallet activities.
<img class="alignnone wp-image-382 size-full" src="https://topstaking.com/wp-content/uploads/2019/08/Step-4-Deposit-into-REX-snippet.png" alt="stake eos article Step 4- Deposit into EOS snippet" width="763" height="400" /><br/></p>

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<h4><strong>Step 5: Stake to Savings Account</strong></h4>
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<p style="padding-left: 30px;">Once you have REX tokens (takes about 1 min after deposit) you are ready to stake. On the “Get/Sell REX” tab go down to savings and select “Stake my REX (savings)”. Simply deposit your REX tokens here and you are done and will now be collecting interest as people borrow EOS resources from the general fund and pay back interest (which you get a chunk of).
<img class="alignnone wp-image-381 size-full" src="https://topstaking.com/wp-content/uploads/2019/08/Step-5-Stake-to-Savings-Account-snippet.png" alt="Step 5- Stake to Savings Account snippet for how to stake eos article" width="512" height="221" /><br/></p>

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<h4><strong>Step 6: Watch your EOS Grow</strong></h4>
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<p style="padding-left: 30px;">You are able to unstake your EOS at anytime once its staked. Otherwise you can view your earnings and progress on the main dashboard page.
<img class="alignnone wp-image-380 size-full" src="https://topstaking.com/wp-content/uploads/2019/08/Step-6-Watch-your-EOS-Grow-snippet.png" alt="How to stake eos article step 6 My REX stats snippet" width="512" height="121" /><br/></p>
<p style="padding-left: 30px;">You can also view overall statistics about REX via the “REX statistics” tab. Currently as not much borrowing is going on the APR is under 1%, but something is better than nothing.
<img class="alignnone wp-image-385 size-full" src="https://topstaking.com/wp-content/uploads/2019/08/Step-6-A.png" alt="How to stake eos article in topstaking snippet of Rex loan issued and income with breakdown in a REX account" width="512" height="227" /><br/></p>
<p><center><strong>And there you have it. A quick overview of what and how to stake your EOS </strong></center></p>