Staking token is an activity in the cryptocurrency and blockchain space, involving holding a certain amount of a specific token in your wallet to support the functions of the blockchain network. This activity is commonly carried out in blockchains using the Proof of Stake (PoS) mechanism or its variations.
Key Points about Staking Token:Staking tokens not only enhance the security of the blockchain but also serve as a way for the community to participate in the management and development of the network.