Illustration for crypto article "What is staking?"

What is staking?

Strengthening the network by locking in your cryptocurrency or tokens long-term to earn rewards.

Staking is when you lock up your cryptocurrency or tokens to secure the network or protocol. This earns you rewards. Proof of Stake blockchains needs staking to validate transactions. And protocols need staking to incentivize certain behaviors, like security or governance. 

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