Decentralized Finance DeFi Staking Development

submitted 4 years ago by scarletemilye to cryptocurrency

DeFi Staking is the process of holding cryptocurrency to authorize transactions and support the network. You will receive a reward In exchange for holding the crypto and strengthen the network. The rewards may also call known as interest.

Defi staking allows you to generate a passive income by holding crypto coins. And also you get a reward (in the form of extra tokens), you can get extra revenue when the crypto coin increases in value.

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