How Ferrum Network’s Staking As A Service (SAAS) Model Benefits Blockchain Start-ups And DeFi Investors
Staking is the process to secure the network on Proof of Stake (PoS) blockchains. Unlike conventional Proof of Work (PoW) models, token owners can stake their acquired native tokens and earn a percentage yield as rewards. Simply put, staking facilitates validating a transaction or adding another block to the network. For blockchain start-ups leveraging the PoS blockchain networks, it helps them incentivize investors by allowing them staking opportunities.