Staking means "pledge" in Chinese. Staking is a way to earn rewards while holding a certain cryptocurrency. By staking virtual currency, users can participate in network verification, package transactions and generate new tokens.
The virtual currency that users stake can be rewarded by the blockchain network, which is usually issued in the form of new tokens. In the currency circle, Staking is considered a relatively safe investment method. It can help users obtain more virtual currencies, and it can also support the operation and development of the blockchain network. However, there are also some risks in Staking. For example, market fluctuations may cause the value of mortgage assets to decline, which may also affect the returns obtained by users.