When you stake your coins for staking, you're basically lending them to a blockchain network and agreeing to hold them until a certain point in the future. This can be, for example, the period of one month, 3 months or a year. Staking crypto is a way to generate passive income with your crypto.

Staking rewards

In exchange for lending and securing your crypto for staking, investors receive rewards, a reward in the form of interest. These rewards are paid out in the same currency and are an annual percentage, also known as APY (Annual Percentage Yield). This percentage varies by currency and is not constant; it can rise or fall. The strike rate can never become negative.