Staking refers an action when cryptocurrency holders getting incentivized by staking their assets to the Mainnet, which is under the PoS consensus mechanism.
The advantages of Staking can be found in the following aspects: firstly, it can realize the preservation and appreciation of assets and resist the inflation caused by the additional issuance of tokens; Secondly, the holders can join block validation to maintain the stable operation of the public chain network; Thirdly, they are able to take part in public chain ecological governance with negligible costs.
Voters can be incentivized and obtain staking rewards for the cryptocurrency staked in the period.
Staking is considered as a good option to maximize your assets. With the help of staking, you’re able to get extra rewards and grow your portfolio with compounding.