
Boma 🇳🇬
February 10, 2025 at 08:46 PM
Why Staking is the new web3 trend.
1. Instead of just Holding crypto in your wallets, and waiting for it to pump. You can simply stake it, if it pumps during this time, your coin pumps, if it doesn't pump, you still get interest on your coin, Win-win.
2. when you stake, it supports the token's network. If you stake SOL or BNB, It will help the price of the coin. The more people stake on a coin the more stable the price will be, because liquidity will be higher.
3. You get passive income from just locking your tokens and waiting. No trading risks, no liquidation. It's like putting your crypto into fix deposit account in the bank.
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