Fixed Staking

Fixed Staking

Fixed Staking is the process whereby users hold their cryptocurrencies in a blockchain network wallet to support the network and receive rewards in return. It is primarily used in Proof-of-Stake (PoS) blockchains. Here are the key points:

• Proof-of-Stake (PoS): Users 'stake' their coins by locking them in a specific wallet to validate transactions and secure the network.

• Rewards: Users receive rewards in the form of new coins or transaction fees.

• Risks: The main risk is that the staked coins cannot be moved during the staking period, thus subjecting them to price volatility.