What is Cold Staking?
In general terms, cold staking is a Smart-Contract based protocol that rewards long-term holders of CLO (or other cryptocurrencies available for staking) with an interest. The investors are interested in staking as it is regarded as a form of passive income for one’s coins.
Cold Staking protocol is not related either to Proof of Stake or a consensus mechanism – it is a contract between Callisto and its users, distributing the percentage of mining rewards between the holders in proportion to the stake.