Staking

Staking offers crypto holders a way of putting their digital assets to work and earning passive income without needing to sell them.

You can think of staking as the crypto equivalent of putting money in a high-yield savings account. When you deposit funds in a savings account, the bank takes that money and typically lends it out to others. In return for locking up that money with the bank, you receive a portion of the interest earned from lending – albeit a very very low portion.

Similarly, when you stake your digital assets, you lock up the coins in order to participate in running the blockchain and maintaining its security. In exchange for that, you earn rewards calculated in percentage yields. These returns are typically much higher than any interest rate offered by banks.

The ShibaPi project is no exception, after listing, in early August. We will open the staking pool for holders to earn extra profits while waiting for the mainnet. The project will create all conditions for long-term investors to have more profits and accompany the long-term project.

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