What is DeFi Staking? How does a DeFi Staking Platform Work?

 DeFi or decentralized finance took the crypto world by storm in the summer of 2020. Not only did it open up opportunities like lending and borrowing to everyone but it also changed the staking game.




Just like centralized staking, DeFi staking software enables users to earn interest on their crypto holdings. The DeFi staking platform uses smart contracts for managing the staking and distribution of rewards.

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