Staking $WAL : Passive Income in #walrus Network.
Staking $WAL tokens lets you earn rewards while supporting the Walrus Network. Think of it like putting money in a savings account but for cryptocurrency.
When you stake your WAL tokens you lock them up in the network for a set period. During this time your tokens help secure the blockchain and process transactions. In return you get paid regular rewards just for holding and staking.
The process is pretty straightforward. First you need WAL tokens in your wallet. Then you choose a staking pool or validator to delegate your tokens to. Some people run their own validator nodes but most users just pick a trusted validator and let them do the technical work.
Your rewards depend on how many tokens you stake and how long you keep them locked. The annual percentage yield varies but many stakers see it as easy passive income since the tokens work for you automatically.
The main risk is that your tokens are locked during the staking period so you cannot sell them immediately if prices drop. But if you believe in Walrus Network long term then staking makes your holdings work harder while you wait.!!!
