COLLECT MONTHLY CRYPTO DIVIDEND THROUGH STAKING: HOW TO STAKE YOUR CRYPTOS AND EARN PASSIVE INCOME

GOOD TO HAVE YOU BACK GOOD PEOPLE. AS A CRYPTO INVESTOR PERHAPS YOU HAVE HEARD ABOUT STAKING AND ARE NOT SURE WHAT'S IS ALL ABOUT WELL STAY TUNED LET ME BREAK IT DOWN THOUGH IT COULD BE A BIT TECHNICAL HOWEVER I WILL DO MY BEST TO SIMPLIFY IT
OKAY LET'S SAY YOU WANT TO EARN REWARDS ON YOUR TOKENS OR CRYPTOS INSTEAD OF THE BUY-AND-HOLD STRATEGY STAKING IS THE PROCESS THAT ALLOWS YOU TO PUT YOUR CRYPTOS INTO ACTION AND THEN IT WILL GENERATE PASSIVE INCOME FOR YOU. SURPRISE? SO I WAS MYSELF WHEN I HEARD ABOUT IT AND NOW I PARTICIPATE AND BENEFITS FROM THE CONCEPT

Okay let me expand more on Staking, you see staking is the act of locking your cryptocurrencies to receive rewards. Essentially it helps you to commit your cryptos to support a blockchain network and then in the process confirm the transaction-Okay I know its a bit complex or let's say technical don't worry I got your back I will simplify it stay tuned
Okay let me explain how it works
Please pay particular attention to the word or Concept called Proof of Stake as I explain, as soon as you decided to stake your cryptos blockchain Technology enables and put your cryptocurrencies to work, through a "Consensus Mechanism" called Proof of State consequently this process allows you to earn rewards. Perhaps you are wondering why not Proof of Work Okay stay with me let me break it down further