Staking
What Is Staking?
Staking is the process by which cryptocurrency holders "deposit" their coins or tokens on a network in order to support the network and receive rewards for doing so. It is a central component of many Proof-of-Stake PoS-based blockchains, which are used as an alternative to the energy-intensive Proof-of-Work PoW mechanism.
How Does Staking Work?
In staking, users make their cryptocurrencies available in a special pool or on a platform. These coins are then used to validate transactions or to secure the network. The more coins are staked, the greater the chance that the user will validate transactions and receive rewards in the form of additional coins.
Why Staking with Defund.AI?
Staking gives you regular returns based on the number of tokens staked. It helps to stabilize and grow the Defund.AI Token as staked tokens are removed from circulation, reducing supply. By staking your tokens, you contribute directly to the growth and success of Defund.AI, as staked tokens promote the liquidity and stability of the project.
How Does Staking Work?
Connect your wallet to the official Defund.AI platform and select the amount of tokens you want to stake. Then confirm the transaction and leave your tokens in the staking pool for the specified duration. The longer you stake, the more rewards you will receive. Take this opportunity to benefit from the advantages of staking while actively supporting the growth of Defund.AI.
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