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  2. Cryptocurrency Ecosystem
  3. DeFi tokens
  4. What is DeFi Staking?

What is DeFi Staking?

salvadormartin
2022-10-21 07:13:40

In simple terms, DeFi staking is the concept of locking the crypto asset in the respective cryptocurrency wallet or in any crypto supporting exchange platforms. Anyhow, the DeFi staking done only based on the quantity of staked assets the prospective stakers will be rewarded by a certain interest rate.

Post Reply  
anabellcortess
2022-10-21 07:23:25
Staking a feedback systems where your cryptocurrencies/ assets are locked within a certain time duration (minimum 1 months to unlimited periods) with assure some return/ interest.