Soft staking is the process that allows users to earn rewards on the cryptocurrency assets they own without locking assets in a wallet for a specific period. Unlike traditional staking, where funds are often immobilized to support network operations, soft staking enables users to maintain full control over their assets while still participating in staking activities. In soft staking, users typically store their tokens in a compatible wallet or on a platform that supports this mechanism. Rewards are earned based on the amount of cryptocurrency held, and users can withdraw or move their assets at any time without penalty. This flexibility makes soft staking an attractive option for those looking to generate passive income without relinquishing access to their funds. Users can enjoy the potential rewards while remaining liquid, allowing them to respond to market changes or personal financial needs more easily.
