#SoftStaking Here's a breakdown of Soft Staking, especially as it's gaining traction on platforms like Binance:

🌱 What Is Soft Staking?

Soft Staking is a flexible way to earn staking rewards on certain cryptocurrencies without locking your assets. Unlike traditional staking, where your tokens are tied up for a set period, soft staking lets you:

- Hold tokens in your Spot Wallet

- Trade or withdraw anytime

- Still earn daily rewards based on your holdings

🔍 How It Works

- Rewards are generated via proof-of-stake mechanisms on supported blockchains.

- Your daily average balance is tracked, and rewards are distributed in the native token.

- No need to delegate or run validator nodes—just activate and hold

💡 Key Benefits

- Liquidity: You maintain full control over your assets.

- Simplicity: One-click activation, no technical setup.

- Passive Income: Earn while your assets sit idle.

⚠️ Things to Watch

- APY fluctuates daily based on network conditions.

- Platform risk: Since it's offered by centralized exchanges, there's always a layer of trust involved.

- Token caps: Some platforms limit how much of each token qualifies for rewards