Solena
  • Solena DEX
    • Swap
    • Stake
    • Farm
    • Launchpad
  • What is Staking?
    • How Staking Works
    • Fixed Staking
    • Liquid Staking
    • Yield Farming
    • Summary
  • FAQ
    • What is Solena AI Exchange?
    • Why did my transaction fail?
    • What is price impact?
    • What is a Permissionless Pool?
    • How do I earn yield from liquidity provider fees on Solena AI Exchange?
    • What are LP tokens?
    • Can I withdraw my liquidity anytime?
    • How are projected earnings and APY calculated?
    • How to swap Tron to SOL
  • Security and Privacy
    • How is my data protected?
    • Is my data shared with third parties?
  • Downloads
    • Whitepaper
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  1. What is Staking?

Summary

Summary:

  • Staking: Simple method of locking up coins to support the network and receive rewards.

  • Liquid Staking: Provides additional flexibility and liquidity by allowing users to trade or utilize their staked assets in DeFi protocols.

  • Farming: Users provide their cryptocurrencies to liquidity pools to earn high yields, albeit with higher risks.

These mechanisms offer different avenues for generating returns from cryptocurrency investments, with each method having its own benefits and risks.

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Last updated 1 year ago