♨️Staking

Staking is a process where you hold your coins in a cryptocurrency wallet and use them to help validate new blocks on the blockchain.

When you stake your coins, you are essentially holding them in a deposit-like account and using them to help secure the Dyleum network. This helps to ensure the integrity of the blockchain and can help to prevent malicious actors from attacking the network. In return for helping to validate new blocks, you are rewarded with a share of the transaction fees associated with those blocks.

In order to start staking, you will need to have a wallet that supports staking for the specific cryptocurrency you want to stake. You will then need to transfer your coins to that wallet and follow the instructions for setting up staking. This can typically be done through the wallet interface and does not require any specialized knowledge or technical expertise.

Staking can be a good way to earn a passive income with your crypto assets. It can also help to support the overall health and security of the blockchain network, which can be beneficial for the long-term success of the cryptocurrency.