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Why just hold your crypto?
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What is staking?
Staking is the process of holding and locking up a certain amount of cryptocurrency in a pool or a specific smart contract to participate in the consensus mechanism of a blockchain network. This process helps secure the network by verifying transactions and adding new blocks to the blockchain. In return for staking, the participants receive rewards through new tokens or a share of transaction fees.
What is yield farming?
Yield farming refers to lending and borrowing cryptocurrencies to earn interest or rewards. In Defi, yield farming involves using DeFi protocols and applications to maximize returns on crypto assets.
