Logo
  • Shop
  • Podcast
  • Learn
  • More
staking

staking

BitLift
BitLift
/Glossary
Glossary
/staking
staking

The process of putting value at risk in order to participate in a network is called staking. Just like contributing your stake to participate in a poker game, the stake to run a validator on the Ethereum network is 32 ETH. Staking is also sometimes used within the context of DeFi to mean “depositing” value with someone else in exchange for a portion of the income they generate utilizing your assets.

Word missing from the glossary or definition needs improvement? Let us know!

BitLift

About BitLift

Blog

Contact Us

Glossary

Guides

History

Legal

Newsletter

NFT Raffle

People

Podcast

Shop

Wallpapers

Not financial or tax advice! BitLift content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Talk to a licensed professional. Do your own research. Disclosure: BitLift team members hodl crypto assets and some of the links on this site may pay us a commission. See our legal disclosures.

InstagramTiktokYouTubeX