#SoftStaking
🔹 What Was Soft Staking?
Soft Staking allowed users to:
Earn rewards on certain PoS (Proof-of-Stake) coins.
Maintain liquidity – they could trade or withdraw their funds at any time.
Rewards were calculated based on the user’s daily balance of eligible tokens.
---
🔹 Key Features:
Feature Soft Staking
Lock Period No lock-in (flexible)
Rewards Daily or periodic distribution
Eligible Assets Select PoS coins (e.g., ATOM, TRX, etc.)
Access Through Binance Earn dashboard
Auto Participation Yes – holding tokens in your wallet could be enough
---
🔸 Difference Between Soft & Locked Staking:
Feature Soft Staking Locked Staking
Lock Duration No Yes (7, 30, 60, 90 days)
Flexibility High Low (until lock expires)
Reward Rate Lower (usually) Higher (usually)
Liquidity Immediate access Funds locked
---
🔹 Current Status:
As of 2024, Binance has merged or transitioned Soft Staking into its broader “Binance Earn” platform, offering:
Flexible Staking (similar to soft staking),
Locked Staking,
DeFi Staking, and
Auto-Invest options.
You can find them here:
📍 Binance App/Web → Earn → Simple Earn
---
🔍 How to Check If Soft-Like Staking Exists Now:
1. Go to Binance Earn.
2. Search for the token (e.g., SOL, ATOM, DOT).
3. See if “Flexible” or “Auto” earn options are available.