# Token staking & rewards

Truth Pay offers a 2% daily reward to users who activate the stake feature on the platform. However, there is a 2% deposit fee for staking. This means that users who wish to earn rewards through staking must first deposit their tokens and pay a small fee for the privilege. Despite the deposit fee, staking with Truth Pay can be a profitable way to earn passive income and support the growth of the platform.

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Truth Pay staking is a way for users to earn rewards by holding and staking Truth Pay tokens on the platform. This involves locking up a certain amount of tokens for a set period, with rewards paid out daily.

## Truth Pay staking Advantages&#x20;

* High returns: With a daily payout of 2%, the Truth Pay staking system offers a competitive return on investment.
* Flexibility: Users can choose how much they want to stake and for how long, providing them with greater control over their investment strategy.
* Minimal risk: The Truth Pay staking system has a low risk profile since users can withdraw their tokens at any time, ensuring they don't lose their investment.
* Added security: Staking on the Truth Pay platform provides an additional layer of security since users' funds are kept in cold storage and not susceptible to online hacks.
* Participation in governance: Stakers can participate in the decision-making process of the Truth Pay platform by voting on proposals and contributing to the development of the project.

## How to stake on Truth Pay platform.

To stake on the Truth Pay platform, users need to follow these simple steps:

1. Log in to their wallet on the [Truth Pay platform](https://stake.truthpay.app/).
2. Go to the staking dashboard and select the amount of Truth Pay tokens they want to stake.
3. Approve your tokens and press on the button "deposit".
4. Confirm the staking transaction and wait for rewards to be paid out daily.

Staking on the Truth Pay platform is a great way to earn passive income, while also participating in the development of the project and having greater control over your investment strategy. With high returns, minimal risk, and added security, Truth Pay staking offers users a competitive and secure way to earn rewards on their investment.


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