Staking

By: WEEX|2024/11/06 04:10:38

Staking is the process of locking up a cryptocurrency in a blockchain network to support its operations, such as validating transactions and securing the network, in exchange for rewards. It is a key component of Proof of Stake (PoS) and its variations (e.g., Delegated Proof of Stake or DPoS). When users stake their crypto, they are selected to validate transactions and add new blocks to the blockchain, earning rewards in the form of the native cryptocurrency. Staking is viewed as an alternative to mining in PoW systems. For example, Ethereum 2.0 will allow users to stake ETH and earn rewards, contributing to the network's security and scalability.

You may also like

Cherry AI (AIBOT) Listed on WEEX Spot with AIBOT USDT Pair

Cherry AI (AIBOT) Listed on WEEX Spot with AIBOT USDT Pair

Cherry AI (AIBOT) new listed on WEEX Exchange. Trade AIBOT USDT on WEEX Spot and explore AI-powered trading bots, Web3 utilities, and gamified rewards.

WEEX|2025/08/17 05:51:57
Brownhouse Coin Goes Live on WEEX Spot with BROWNHOUSE USDT

Brownhouse Coin Goes Live on WEEX Spot with BROWNHOUSE USDT

Brownhouse new listed on WEEX Exchange. Trade BROWNHOUSE USDT on WEEX Spot with secure access to the South Asian digital content ecosystem.

WEEX|2025/08/17 05:47:09
New Listing- Techs Network Inc. (TNC) Launches on WEEX Spot

New Listing- Techs Network Inc. (TNC) Launches on WEEX Spot

Techs Network Inc. (TNC) new listed on WEEX Exchange. Trade TNC USDT on WEEX Spot with secure deposits, trading, and withdrawals starting August 2025.

WEEX|2025/08/17 05:39:18
Overlay Protocol (OVL) Listed on WEEX Spot with OVL USDT Pair

Overlay Protocol (OVL) Listed on WEEX Spot with OVL USDT Pair

Overlay Protocol (OVL) new listed on WEEX Exchange. Trade OVL USDT on WEEX Spot with easy deposits, secure trading, and withdrawals from August 2025.

WEEX|2025/08/17 05:26:52
FENIX360 Token (F360) Listed on WEEX Spot with F360 USDT Pair

FENIX360 Token (F360) Listed on WEEX Spot with F360 USDT Pair

FENIX360 token (F360) new listed on WEEX Exchange. Trade F360 USDT on WEEX Spot. Secure deposits, trading, and withdrawals available from July–August 2025.

WEEX|2025/08/17 05:20:24
Share
copy

Gainers

Community
iconiconiconiconiconiconiconicon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]