#SoftStaking typically refers to a method of earning rewards on crypto assets without locking them up completely, allowing users to maintain some level of liquidity or access. It’s different from hard staking or locked staking, where your assets are inaccessible for a set period.
Example Use Case:
You deposit your Tezos (XTZ) or Cardano (ADA) into an exchange that supports soft staking. The exchange handles the staking process behind the scenes and pays you rewards periodically, all while allowing you to trade or withdraw your coins at any time.
Would you like examples of platforms that support soft staking or a comparison with other staking methods like DeFi or hard staking?