STAKING

GENERAL

Staking is the process of locking up ones cryptocurrency (typically on an exchange or through a wallet) as a means of contributing to the security and functionality of an applicable blockchain. In exchange, a user typically earns a yield in proportion to the amount of cryptocurrency staked, paid in fixed time intervals, as incentive for supporting the network.

Content Source

The definition you see above is stored on the Arweave network which is a protocol for storing data permanently in a decentralized manner among network users who have storage to spare. As a result, this definition will live forever on the Arweave network.Click here to view the Arweave transaction for this definitionOpens in a new window

Permanent on Arweave