Staking is a part of the PoS consensus mechanism used in PoS based blockchains. It implies locking funds into a pool or a wallet to aid a blockchain network to achieve consensus, thus, rewarding the participants for their staked assets. The stakeholder essentially becomes a node or a master node by staking some funds mandated by a project such as a stake of 32 Ethers in Ethereum makes the investor an Ethereum validator. In DeFi Staking, a user simply stakes her holdings to silently gain Annual Percentage Yields or APYs over time. And in a PoS dedicated blockchain, the staked tokens enable the stakeholder to claim block rewards generated by the blockchain.Why The Need For StakingThe staking mechanism helps the user wield special rights in the governance protocol of a network or system. The higher the number of staked assets, the more influence you possesses and the more the rewards. It allows the stakeholder to vote for functionalities on the same network by delegating their voting rights. PoS blockchain is highly scalable and has faster transaction speeds, thus, they are much popular among people willing to allocate their assets and enjoy the said rewards and benefits. The recent Ethereum update to 2.0 is a sign that the project is concerned about scalability by shifting from PoW to Pos. Users are now more eager to invest their idle assets into crypto staking to earn the best of passive income in fixed percentages that vary with individual networks. Now with the advent of Decentralized Finance, staking has picked up even more steam among enthusiasts.This demand for crypto staking can be justified by the amount of sheer wealth addition to DeFi protocols. With over $64 bn worth of assets staked in this ecosystem, DeFi has neutralized the notion that the crypto technology was\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Staking is a part of the PoS consensus mechanism used in PoS based blockchains. It implies locking funds into a pool or a wallet to aid [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/4871"}],"collection":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/comments?post=4871"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/4871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/media?parent=4871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/categories?post=4871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/tags?post=4871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}