Let's talk about such a popular industry in crypto as steaking and how it works.
⌛️Staking is a process where users earn passive income by simply storing cryptocurrency assets on their wallets or special platforms.
Staking is based on the Proof of Stake (PoS) algorithm, which ensures blockchain security and data reliability. Users participating in staking help to keep the blockchain running, for which they are rewarded.
How it works.
Users choose a cryptocurrency that runs on the PoS algorithm and hold it in their wallets. The more coins they hold, the more blocks they can generate and the more rewards they will receive. 💸
But there is one way that will help us make money many times more, easier and faster. You don't have to wait for months to get rewards etc. Now you can just take part in pre-sales, the meaning of which I described here and sell coins on listings, in a few days.
A great example is the #ETHFI project, which is the very platform for steaking on Ethereum Network. The price at the beginning of the listing is 0.23$, and within a week of listings ~$8.6$. So why take risks, freeze your money for a few months and get some pennies for it, if you can just buy tokens of this project and sell them very profitably in a week at the listing.💲