Staking offers a way to put your idle crypto assets to work. Instead of just holding tokens in your wallet, you can earn passive income by participating in the network’s security and governance. For long term holders, staking is a smart way to compound your gains without selling your assets.
Some of the key benefits include:
- Earning regular rewards paid out in the same token you’ve staked
- Supporting decentralization by helping the network remain secure
- Participating in governance decisions (on certain blockchains)
At NSTAR, depending on the token, there is a locking period while your tokens are being staked and bonded, before you can unstake. During this process however you will still accrue rewards.
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