Stake Cryptos

Amount to Stake

Info

SHIBA INU (SHIB) staking is a process where individuals actively participate in the verification and validation of transactions on the blockchain by holding and locking up a certain amount of SHIBA INU (SHIB) in a compatible wallet. Unlike traditional mining processes, SHIBA INU (SHIB) staking operates on the Proof-of-Stake (PoS) consensus mechanism. Participants, or stakers, are selected to create new blocks and validate transactions based on the amount of SHIBA INU (SHIB) they have staked. In return for their contribution to network security, stakers receive additional SHIBA INU (SHIB) as rewards, providing a passive income stream. This method not only enhances the security of the network but also offers an environmentally efficient alternative to traditional Proof-of-Work (PoW) systems.