StakingSoft
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#StakingSoft PASSIVE INCOME😴💰😴
🎯 Dear Binancien, this post is dedicated to beginners and those who are not really familiar with staking and what it actually consists of. This post does not delve deeply into the subject; it provides a quick overview but also serves as a reminder that there are good yields, especially in full swing with quite significant gains—this is a moment not to be neglected.
I’ll let you see if you want a detailed tutorial; just leave me a message and I’ll do it with pleasure.
🛎👉👇 WHAT IS STAKING 👉👇👇
1️⃣ Staking is a method to generate passive income with cryptocurrencies by "locking" them up to support the operation of a blockchain using "Proof of Stake." In exchange for this participation in validating transactions and securing the network, stakers receive rewards.
2️⃣ Risks include the locking of funds (liquidity risk if the price drops), the security of platforms, and "slashing" (loss of part of the funds in case of malicious behavior by the validator). Rewards depend on the amount and duration of staking, often expressed in APY (annual percentage yield), and may be subject to tax depending on the country. It is possible to stake through centralized platforms, directly on the blockchain, or through staking pools.
↪️ Note that crypto and blockchain and decentralization are all about mutual support; staking and borrowing literally are part of it.🙏🥰💪
🎯 Dear Binancien, this post is dedicated to beginners and those who are not really familiar with staking and what it actually consists of. This post does not delve deeply into the subject; it provides a quick overview but also serves as a reminder that there are good yields, especially in full swing with quite significant gains—this is a moment not to be neglected.
I’ll let you see if you want a detailed tutorial; just leave me a message and I’ll do it with pleasure.
🛎👉👇 WHAT IS STAKING 👉👇👇
1️⃣ Staking is a method to generate passive income with cryptocurrencies by "locking" them up to support the operation of a blockchain using "Proof of Stake." In exchange for this participation in validating transactions and securing the network, stakers receive rewards.
2️⃣ Risks include the locking of funds (liquidity risk if the price drops), the security of platforms, and "slashing" (loss of part of the funds in case of malicious behavior by the validator). Rewards depend on the amount and duration of staking, often expressed in APY (annual percentage yield), and may be subject to tax depending on the country. It is possible to stake through centralized platforms, directly on the blockchain, or through staking pools.
↪️ Note that crypto and blockchain and decentralization are all about mutual support; staking and borrowing literally are part of it.🙏🥰💪
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