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What Is DeFi Staking? A Beginner’s Guide to Earning Passive Crypto Income
- DeFi staking allows earning crypto by locking tokens in decentralized protocols, ensuring wallet control.
- Process involves staking tokens in smart contracts to receive rewards in the same or other cryptocurrencies.
- Various DeFi staking methods include single-asset, liquidity pool, yield farming, liquid staking, governance, and NFT staking.
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