What Is Staking?
Staking is a process used in certain blockchain networks where participants lock up their cryptocurrency to help support and secure the network. In return for dedicating their assets and participating in consensus, stakers earn rewards over time, similar to earning interest.
Many modern blockchains use consensus mechanisms like Proof of Stake (PoS), where staking replaces energy-intensive mining. When you stake, your tokens help validate transactions and maintain network operations. The more tokens you stake, the greater your potential influence and reward, though exact models differ by network. Rewards are typically paid in the same cryptocurrency that is staked.
Staking involves some trade-offs: assets committed to staking are often locked for a period, and rewards can vary with network conditions. While staking can generate yield, it also requires understanding of risks such as price volatility and lock-up durations.
KAST offers staking support for networks like Solana, letting users earn rewards on eligible assets while managing their staked balance through the platform.
