Crypto Terms:
Letter S
Jul 07, 2023 |
updated: Apr 02, 2024
What is Staking?
Staking -
the act of detaining crypto holdings to gain rewards or earn interest.
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Let's find out Staking meaning, definition in crypto, what is Staking, and all other detailed facts.
Staking is the act of holding crypto assets in order to collect rewards or interest. Moreover, it's commonly employed to participate in the Proof-of-Stake (PoS) consensus mechanism, in which users stake their tokens in order to operate as blockchain validators.