🗡️Staking
What Is Staking in Crypto?
Staking is a process where cryptocurrency holders lock up their tokens to support a blockchain network and earn rewards. It is commonly used in Proof of Stake (PoS) and Delegated Proof of Stake (DPoS) blockchains as an alternative to mining.
How Staking Works
Locking Tokens – Users deposit their crypto into a staking contract.
Network Security – Staked tokens help validate transactions and maintain blockchain integrity.
Earning Rewards – Participants receive staking rewards, often in the form of additional tokens.
Benefits of Staking
Passive Income – Earn rewards by holding and staking tokens.
Energy-Efficient – Unlike mining, staking consumes minimal energy.
Network Participation – Helps secure and decentralize blockchain networks.
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