Staking is locking up cryptocurrency to help secure a proof-of-stake network, earning rewards in return.
Proof-of-stake networks choose validators based on how much they have staked. Validators confirm transactions and earn rewards, which they share with delegators.
Staking rewards vary by network, typically ranging from a few percent to over 20 percent per year, depending on the asset and conditions.
Staking involves lockup periods and some risk, including slashing if a validator misbehaves and price volatility of the staked asset.
Most wallets and exchanges offer staking with a few clicks. Choose a reputable validator and understand the unbonding period before you begin.
Staking is a popular way to earn passive yield on coins you plan to hold long-term.