Staking

What is staking?

Staking Definition: Staking refers to the process of locking in a crypto asset, which is done for a specific period, which supports the blockchain’s operation. When you stake your crypto assets, you’ll earn more cryptocurrency during this process, which is an incentive.

The proof of stake is used in this blockchain as a consensus mechanism.

Comparewise Crypto Banner 728X90

Other Crypto Terms:

comparewise

Didn’t find the information you were looking for?

Send us your questions and we will get back to you.

Car loan?
Personal Loan?

Top deals await you just a short
application away!