The primary benefit of staking is that you earn more crypto, and interest rates can be very generous. In some cases, you can earn more than 10% or 20% per year. It’s potentially a very profitable way to invest your money. And, the only thing you need is crypto that uses the proof-of-stake model.
Can you make money with proof of stake?
Proof of stake is one of the most popular for its efficiency and because participants can earn rewards on the crypto they stake . Staking rewards are an incentive that blockchains provide to participants.