DeFi Staking Platform
DeFi staking platform allows users to lock up their cryptocurrency assets in a smart contract to earn rewards over time. Users support the network’s security and operations by participating in staking, such as transaction validation or liquidity provision. In return, they receive staking rewards, typically in the form of tokens or interest. These platforms are integral to proof-of-stake (PoS) blockchains, such as Ethereum 2.0 or Tezos. DeFi staking platforms provide decentralized ways for users to earn passive income while participating in blockchain governance.