Staking allows you to make the crypto you hold work for you.

By putting your tokens into a staking platform or smart contract, you often get a reward in return, such as an APY on the tokens.

This is a passive income technic crypto enthusiasts participate in to grow their portfolio.

However, staking does carry some risks.

You may have to stake your tokens for a set period of time, so you can't access them if you need to.

Your rewards my cause inflation or dilution of your token value.

The value of the tokens in dollar terms may go down more than the rewards you received.

The staking contract might get hacked and all your funds are loss.

Before deciding to stake, or buy a token to stake, always make sure you do your own research and diligence to avoid losses.