If I buy a token from exchange and hold it for 6 months then will it be considered as staking? I don't think that makes sense. So what I need to do to participate in staking?
What I understood is that I need to buy a package mentioned at the site for staking. Once I buy that package, I will be getting token from where ? I mean it will be from the tokens which are with team? And after 6 months that will be delivered to my exchange account?
I think you are getting some facts wrong. Firstly, You need to register on the breezecoin home page (
https://breezecoin.io/) to participate on the staking programme. Holding the breezecoin tokens on your ethereum wallet does not signify staking. Secondly, you have the option of staking a minimum of 250 tokens and the earnings on staking is added to your account monthly. Staking the minimum of 250 tokens guarantees a ROI of 1% while the maximum ROI is 8% for investment of above 50,000 tokens.
I'm still yet to go via the whitepaper, what's the duration of the stakes?, one percent seems really small for a staking investment, i may be wrong though because the duration of each stake is a determining factor to the whole staking process and i guess this project has been in existence for quite sometime as indicated from their available charts on CMC