Making Passive Income with Solana Staking, A Fastest Blockchain on Earth.
Would you like to earn income passively while having cryptocurrency in hand? Solana (SOL) is among the few cryptocurrencies that enable users to earn passively while holding. Staking Solana is useful among newcomers as well as advanced users of cryptocurrency stocks to yield passive income with little effort involved.
In this guide for the intellectually curious, we are covering the how-to steps for staking Solana, making your crypto work for you. Starting from the comprehension of staking to making profits — I’ll explain every step in layman's terms.
Are you relieved with the thought of making money in your sleep? So, let’s get to it.
Staking means you lock up your crypto assets to assist a blockchain network’s operations. For staking your tokens, you often receive rewards in the form of additional tokens. This process is akin to earning interest from a savings account…