The State of Staking
Quick Take
- The Proof-of-Stake distributed consensus mechanism has emerged as a popular alternative to Proof-of-Work, with native token staking being crucial in maintaining blockchain security.
- Staking has remained relatively stable over the past 6 quarters, with an average stake rate of 47.2% and an average stake yield of 14.3% in the Q3’22.
- While staking will remain an essential component of the crypto ecosystem, it has its fair share of concerns, with solutions being actively developed.
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Author: Alex Ho
