Staking

Staking is the process of holding or locking up of cryptocurrency coins/tokens in a wallet or smart contract to support the network's security and obtain rewards in return. Staking is done to secure a blockchain network and validate transactions in exchange for earning additional coins or tokens. It is a way to incentivize participants in a blockchain network to hold and use the network's currency to maintain the network's security. Staking also encourages long-term investment in a particular cryptocurrency and increases market demand, which can ultimately lead to higher value. In summary, staking serves to secure a network, incentivize participation, and drive the value of the cryptocurrency.