Staking

Locking up crypto to support network operations and earn rewards.

Detailed Definition

Staking is the process of participating in a proof-of-stake (PoS) network by locking up coins to help secure the network and validate transactions, in exchange for earning passive income rewards.

Related in Crypto

Wallet (Crypto)

A digital tool to store and manage cryptocurrency.

Halving

A 50% reduction in mining rewards for cryptocurrency.

Decentralization

The transfer of control to a distributed network.