Difference between revisions of "Staking"

Staking (view source)

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Revision as of 01:24, 27 April 2022 (view source) Jimcrypted (talk \| contribs) (First edit) Tag: Visual edit		Revision as of 01:25, 27 April 2022 (view source) Jimcrypted (talk \| contribs) m Tag: Visual edit Newer edit →
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	Staking is a term often used to describe the locking up of cryptocurrency as collateral to help secure a particular [[blockchain]] network or smart contract protocol. Staking is also commonly used in reference to cryptocurrency deposits designated towards provisioning [[DeFi]] liquidity, accessing yield rewards, and obtaining governance rights. Cryptocurrency staking involves locking up tokens in a network or protocol to earn rewards, with those tokens used to help provide key services for users.		Staking is a term often used to describe the locking up of cryptocurrency as collateral to help secure a particular [[blockchain]] network or smart contract protocol. Staking is also commonly used in reference to cryptocurrency deposits designated towards provisioning [[DeFi]] liquidity, accessing yield rewards, and obtaining governance rights. Cryptocurrency staking involves locking up tokens in a network or protocol to earn rewards, with those tokens used to help provide key services for users.
			[[Category:Glossary]]