#SoftStaking #Soft staking
🔍 Summary of Soft Staking?
• ✅ Tokens are NOT locked: You can withdraw, transfer, or trade at any time.
• 💸 Receive periodic rewards: Users receive interest or reward tokens when holding in a wallet or supporting platform.
• 🔁 Automatic and flexible: No need for complex technical operations, often supported by CEX exchanges (like Binance, KuCoin, OKX…) or DeFi wallets.
• 🛡️ Does not affect liquidity: You can use the assets at any time without losing accumulated rewards.
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📌 Advantages:
• Easy to use – no manual withdrawal or staking required.
• Safe – as assets remain in the wallet (on some platforms).
• No penalty for unstaking.
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📉 Disadvantages:
• Yield (APY) is often lower compared to locked staking.
• Not all tokens support soft staking.
• Dependent on the policies of the exchange or platform provider.