Explaining the staking concept is impossible without mentioning the words “blockchain” and “proof-of-stake”. Proof-of-stake is how some blockchains agree to verify new transactions, and make sure they are honest and secure. So, you can stake only those crypto whose blockchains use the proof-of-stake model.
When you stake your asset, you become a so-called validator of the blockchain. You lock your tokens in to prove your honesty and increase trustworthy of the network. And that is what you get rewarded for each and every day.
Choose from 19 coins and tokens that generate rewards, including BTC and ETH.
Join thousands of users generating rewards with Staking