$BNB
BNB staking involves participating in the BNB Chain's consensus mechanism by locking up your BNB tokens. This process contributes to the network's security and efficiency, and in return, stakers earn rewards. Here's a breakdown:
* Purpose:
* BNB staking helps validate transactions and maintain the integrity of the BNB Chain.
* It allows BNB holders to actively participate in the network's operation.
* How it Works:
* Users delegate their BNB to validators, who are responsible for processing transactions and creating new blocks.