Just hold SIM on your HIVE account and watch like magic as your SIM Power rises daily to the equation of a 30-day weighted average. SIM Power pays out HIVE rewards daily, and has for years - the size of the rewards being dynamic and calculated partially with in-game governance - where SIM Power holders can vote.
I only need to hold right? I don't have to stake or are there other benefits for staking?
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There is no need to stake SIM! The 'SIM Power' is dynamically calculated based on how much you hold (over the past 30 days) - you are always free to move your SIM!
How about the rewards? Can you explain that too?
This part mostly. Is it Hive or Sim rewards that I'll be getting when I buy up to 8000 SIM. @ecoinstant
I apologize for bombarding you with too much questions
"Holding Rewards" refer to HIVE dividends paid to players who hold SIM in their wallets. If you have 8000 SIM power or more, you will get HIVE tokens.
Happy to help!