On-chain 'saving'? Let's learn about staking!

Holding some ETH, ADA, or SOL but not doing anything? You might be missing out on on-chain 'interest'!

What is staking?

To put it simply: you 'deposit' your coins onto the chain → the network uses it to run the system, and you receive 'interest' as a return.

Unlike traditional banks, there are no intermediaries on-chain; the system itself acts as the bank. You lend your strength to the system, and the system gives you returns.

What should you pay attention to?

Some staking can be withdrawn at any time, offering high flexibility.

Others require you to lock your assets for a period, during which you cannot access them.

Be careful not to choose platforms randomly; fake 'high returns' could lead to a total loss.

Just like when choosing a bank, selecting a reliable platform is more important than the returns.

In summary: On-chain staking = fixed deposits in the crypto world, earning interest on your coins, with controllable risks and returns dependent on the platform.

Follow Mo Ke, and let us help you understand the 'economics of returns' on-chain.