Staking
By CoinGecko | Updated on Mar 03, 2020
Participation in a Proof-of-Stake (PoS) system to put your tokens in to serve as a validator to the blockchain and receive rewards.
Related Terms
Non-Fungible Tokens (NFT)
They are collectible elements within the Ethereum blockchain under ERC-721, where each token refers to a single element with a certain value
Do Your Own Research (DYOR)
An advice for investors to do their own research on the coins they wanted to invest in
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
Decentralized Finance (DeFi)
Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free.
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