#SoftStaking Proof-of-Stake (PoS) consensus mechanism, helping to validate transactions and secure the network. In return, you receive rewards.
Key benefits of soft staking:
* Liquidity: You maintain access to your funds, allowing for quick reactions to market changes.
* Simplicity: Often requires minimal effort to set up and manage, especially on centralized exchanges.
* Passive Income: Earn rewards on your idle crypto holdings.
Considerations: