Top 12 staking platforms of May 2025
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Staking is the system of earning rewards and interest by the process of holding or investing cryptocurrencies. It uses the Proof of Stake (PoS) consensus mechanism, a process by which some blockchains validate transactions and add new blocks and secure the network. PoS depends on the validators selected based on how much crypto they have staked and how long they have held it. There are 2 general types of staking: CeFi (Centralized Finance) platform staking, and DeFi (Decentralised Finance) platform staking. In CeFi staking, users deposit their crypto in centralized exchanges, and the platform stakes their crypto, and they can earn rewards passively. On the other hand, in DeFi staking, users can connect their wallet to a DeFi protocol and stake directly in a smart contract or a pool, they can earn staking tokens that represent the staked assets, and can be further traded or used. Here is a list of the top crypto staking platforms in the market: 1. Tezos Tezos is a decentralized, open-source blockchain network that is created to offer support to smart contracts and dApps (decentralized applications). The platform uses a variation of PoS called the Liquid Proof of Stake or LPoS offers a mix of security and decentralization and allows token holders to either stake their tokens on their own or delegate them to another validator or baker without transferring their ownership. There are no lock-up periods for delegators in this system. The annual yields range from 5% to 7%, and the rewards are distributed roughly every 3 days. Tezos is an energy-efficient blockchain that has a unique governance model with a staking mechanism that is very flexible and beneficial to token holders. 2. Coinbase Coinbase was founded in 2012, and the CeFi platform has more than 100 million users around the world. The…
Filed under: News - @ May 22, 2025 6:29 pm