🧑💻 Post 16: What is staking? 🧊📈
Staking is when you ‘freeze’ your tokens to help the network operate, and in return, you receive a reward 🎁
🔐 How does it work?
• 💠 Blockchains like $SOL , $ADA , $ETH use staking to secure the network
• 🧊 You send tokens to a node (or through an exchange), and they are temporarily ‘locked’
• 💸 For this, you receive interest — like a deposit in a bank, but decentralized!
📊 Pros and cons
✅ Lower risks than farming (no impermanent loss)
📉 The interest rate may be lower, but more stable
🕒 There is often a minimum lock-up period — check before starting!
🧩 Conclusion
Staking is a passive income + support for the blockchain.
It is suitable for those who want stability and less risk 👍
