#AirdropStepByStep
A new lesson for those who know, good and blessings, and for those who do not know, they can learn
Staking or
In other words, storing a currency for a period in exchange for a yield calculated as a percentage annually.
So, let's assume you staked cake currency at an annual rate of 45%.
This means if you staked 1000 units of cake, after a year it will become 1450 units.
And the percentage is not fixed, and the price of the currency is not fixed regarding what is lawful and unlawful.
What is the benefit of it? That the owners of the currency maintain liquidity and the price of the currency.
This means instead of hiding the currency without a yield, you can stake it.
Some of them are on centralized platforms like Binance, which tells you to store it for a month, a week, or two months, and you receive the return daily, but the calculation is based on an annual percentage.
And there is staking on decentralized platforms, meaning you need to connect your Trust Wallet to a decentralized platform like PancakeSwap.