Image Source: AsiaOne
How YIELD App is Making Staking Easy For EveryoneSeptember 24, 2021 / / — There are many terms used in cryptocurrency, terms that may seem a little more complicated than the functions they describe. “Staking” is perhaps one of these. This is not least as the term is often associated with gambling, or investing in more sophisticated asset classes - like funding a brand-new company, for example. In the world of cryptocurrency and digital assets, however, “staking” simply means depositing, or paying your digital assets into a protocol or platform. Users typically take the digital asset or assets that they own and want to make a return on, and invest them into a project (protocol) that gives them some sort of reward in return.