A DeFi staking platform enables users to lock up their cryptocurrencies in a decentralized network to earn rewards. Staking helps secure blockchain networks and validates transactions, while participants receive staking rewards, typically in the form of additional tokens or interest. Popular DeFi staking platforms like Lido and Rocket Pool allow users to stake Ethereum or other tokens, earning passive income in a trustless environment. Staking is an attractive option for users looking to generate returns without selling their assets.
Jack Farris
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