Staking a cryptocurrency allows a holder to gain a percentage-rate reward over time for lending its crypto assets. A partIf a cryptocurrency allows staking, you can lock in or “stake” some of your holdings and earn a percentage-rate reward over time for doing so. Staking operates by a part of your crypto assets (stake) being “put to work” and used by a blockchain network for multiple operations, mostly for transaction verification. Staking is used to maintain the operations of a proof-of-stake (PoS) based blockchain system and helps to ensure security.
Staking
