The allure of staking goes beyond its role in network security; it opens up a unique avenue for investors to earn passive income. By staking their cryptocurrency, participants become eligible to receive staking rewards, which are typically distributed in the form of additional tokens. The more cryptocurrency a participant stakes, the higher their potential rewards, making it an attractive option for those seeking to grow their digital assets over time.
1.3 Staking Rewards: The Passive Income Stream
The allure of staking goes beyond its role in network security; it opens up a unique avenue for investors to earn passive income. By staking their cryptocurrency, participants become eligible to receive staking rewards, which are typically distributed in the form of additional tokens. The more cryptocurrency a participant stakes, the higher their potential rewards, making it an attractive option for those seeking to grow their digital assets over time.