Skip to main content

What is Staking and How Does it Work?

  • Updated

What is Staking?

Staking is a way to earn rewards on your crypto by participating in the validation process for a Proof-of-Stake network.
Simply put, you delegate your crypto assets into a staking pool, and the pool will use those coins to help validate transactions, earning a yield in the process. It's a bit like earning interest for holding a cryptocurrency.

Was this article helpful?

6 out of 7 found this helpful

Have more questions? Submit a request

Still need help?

Submit a request