2min chapter

Modern Finance cover image

Liquidable Eth Staking with Lido

Modern Finance

CHAPTER

The Basics of Staking in Cryptocurrency

Staking is a mechanism that requires people to lock up some capital, usually as a collateral for something. And they usually perform some work, put the stake, the locked collateral, the locked capital, at risk, and receive reward for making this work. If they do the walk right, do not go flying do not equivoc do not try to to break the system. They get rewards, and if they don't, they are slashed.

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