A DeFi staking platform allows users to earn passive income by locking their cryptocurrency assets into a smart contract to support a blockchain network's operations. In return, users receive rewards, typically in the form of additional tokens or interest. DeFi staking offers decentralized, transparent staking options without intermediaries, providing higher yields than traditional financial products. It empowers users to retain control over their assets while participating in the governance and security of decentralized networks.
Jack Farris
16 Blog posts