Soft staking is a flexible staking mechanism that allows users to stake tokens without locking them up. It provides liquidity and accessibility to staked tokens, enabling users to earn rewards while still having the freedom to use their tokens as needed. This approach increases participation in staking and improves overall token utility. Soft staking is beneficial for users who want to earn rewards without long-term commitments. It's a more flexible alternative to traditional staking methods, offering greater control and accessibility to staked assets. Users can restake or transfer tokens as needed. Rewards are earned based on stake participation.