The Corion Foundation – Staking with a Community Approach

As the DeFi community continues to expand, staking has become more popular than ever. Staking is a term that refers to a blockchain process in which users lock their funds up in a smart contract for a predetermined time and receive rewards for their efforts. Keenly, staking can be done for multiple reasons. Securing Networks The main reason people stake is to secure Proof-of-stake blockchains. In these systems, stakers act as nodes. They are responsible for securing the blockchain—the more…