If we have to give its definition with an only sentence…

💬 We would say that staking basically means locking your tokens in a cryptocurrency network 🔒 Thus it -also- supports the verification o transactions and makes the network more secure. In parallel, there are various benefits of staking to token holders.

For example, as a reward for staking, you receive additional tokens, which means having passive income. By not trading tokens or simply storing them, your token can continue to stay in the flow. Considering that when staking your tokens you contribute to the security of the network and its resistance to possible attacks, you get something in return for this contribution as well💰 Moreover, after the staking period, many staking platforms allow you to collect all your staking income — or rewards — to compound your earnings.

By the way, have you ever considered that you actually play such a crucial role in your token value while staking? 👀 In other words, staking might have positive impact on the future value of the token you hold.

Let’s think about it: What happens if the number of tokens in circulation decreases? The value of the token increases over time and can light the potential for higher returns😉