Staking your crypto is in essence locking your crypto on the blockchain, securing the blockchain in process. There is usually some type of rewards for you doing so, most common is annual yield or percentage rate, which you can think of as a interest on your saving account.
Not all crypto support staking and staking rewards do vary from crypto to crypto, some will reward less than 1%, some can reach as high as several hundreds %, although most common is 2-25% on established blockchains.
Staking can be interesting way to earn more crypto with the crypto you already hold and not using currently. This reward is usually independent of price movement, so it keeps earning even if market is in downturn.
Check your current holdings — if you’re not staking assets that support it, you’re leaving yield on the table right now.
Unlike trading or farming your crypto, you risk nothing by staking it trough native protocol or verified staking agent
One practical point for staking is to make sure you have left enough crypto in your wallet to cover transaction costs (gas, fees) for un-staking as both staking and un-staking are really transactions on the blockchain and requires small fees.
Another point is to be aware of unbonding period, which is time that protocol needs to return the crypto in your wallet and it can vary a lot, some unbonding periods are short, mere hours, some days and weeks like for example Cosmos (ATOM) have unbonding period 21 days.
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