#SoftStaking Soft Staking on Binance was a program that allowed users to earn rewards simply by holding certain Proof-of-Stake (PoS) tokens in their Binance wallets — without needing to lock or delegate them manually. Unlike traditional staking, soft staking offered flexibility, as users could still trade or withdraw their assets at any time while still earning staking rewards.
Binance handled the technical aspects of staking and distributed rewards to eligible users daily or monthly, depending on the token. It was a beginner-friendly way to earn passive income from crypto holdings without the complexity of running a validator or setting up wallets.
However, Binance discontinued the soft staking program in September 2022, and now offers alternatives like locked staking, DeFi staking, and Simple Earn, which offer higher yields but may require locking funds for fixed periods.
Soft staking was valued for its ease and liquidity, especially among casual investors.