wallets

Banking and Finance

What is Crypto Staking? Detailed Guide

After Compound’s token launch in June 2020, a brilliant new crypto business called Decentralized Finance (DeFi) began to gain popularity. Investors immediately turned passive ownership of their crypto assets into profitable passive income thanks to a slew of DeFi knockoff technologies. This was made possible by the strength of smart DeFi protocols, which offered enormous rewards for individuals prepared to…