What is staking?

Staking is a key element of cryptocurrencies that operate using “Proof-of-Stake” (Pos) consensus mechanism. Investors who own proof-of-stake cryptocurrencies can help validate transactions on the blockchain. By staking your cryptocurrencies, you help the blockchain function and receive rewards in return, called staking rewards. You always retain full ownership of your coins when staking with Finst.

Updated on: 06/12/2023