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Ebi
@ebidelii
Staking Revenue Models There are two general approaches to staking, either solo or delegating cryptocurrency to others to participate in blockchain networks. In solo mode, you purchase the amount of cryptocurrency required by the network you want to stake and lock it in a smart contract. After that, depending on the amount of currency staked and the duration of your activity, you are selected as a validator and receive rewards for verifying transactions.
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Satooshi🐹🎭🎩
@saieran
in solo mode you are right, but what happend for another mode? you didn't said🤔
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Ebi
@ebidelii
Delegate your cryptocurrency to others for participation: In this method, you choose one person from among the trusted validators and allow them to stake your cryptocurrency on your behalf. The selected person will also pay you a portion of the rewards earned, depending on your contribution. Earning money in this model is more predictable due to the fixed payout percentages.
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