Decentralized Finance How Does Staking Work Detailed
A Closer Look at Staking If you own a cryptocurrency that supports staking, such as Ethereum and Tezos, it is possible to stake some of your coins and get a percentage in reward over time. This is done through a staking pool, which works like a savings account. Why the reward? The reason stakers are rewarded is that the stakes they commit are used to define how the respective blockchains operate....