Staking coins is the process of locking certain crypto assets to verify transactions on a proof-of-work (PoS) network. As a reward for helping maintain network security, you can earn rewards for staked tokens. This passive income is often expressed as an annual percentage rate (APR) or annual percentage yield (APY), similar to those stated in traditional financial products. The key to making staking work is to use attractive staking rewards and preferably staking coins with solid fundamentals. If the coin's value is likely to drop significantly with no hope of recovery, you have little to gain by choosing a token that offers a high APR.

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