what is the process of DeFi staking?

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darlydixon

Age: 2023
Total Posts: 68
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DeFi Staking is the method of offering financial services such as Lending or Borrowing on digital assets or Tokens to make more rewards as passive returns for the users. Simply, Decentralized Finance  Staking involves the method of locking (holding) up of digital currencies or tokens in a pool and thereby getting rewards as commissions. At present, Decentralized Finance (DeFi) Staking is earning more importance among investors and traders because of the rising usage of Ethereum, Tron, and its base tokens.
Posted 11 Feb 2022

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