Definitions by Urban Crypto Dictionary
Staking
(Verb) In terms of DeFi or decentralized finance,
HODL crypto,
For this you get more crypto
It provides security
(POS algorithm)
unlike Bitcoin which runs POW
Staking is usually followed by %APY Average per yield yearly
an interest bearing account
HODL crypto,
For this you get more crypto
It provides security
(POS algorithm)
unlike Bitcoin which runs POW
Staking is usually followed by %APY Average per yield yearly
an interest bearing account
Staking by Urban Crypto Dictionary April 20, 2021