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  1. Home
  2. /Glossary
  3. /Staking as a Service
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cryptocurrency

Staking as a Service

Companies or platforms that handle the technical aspects of staking so you don't have to run your own validator node.

Definition

Companies or platforms that handle the technical aspects of staking so you don't have to run your own validator node. Services like Figment, P2P Validator, and Coinbase provide staking with just a few clicks. They charge a fee (usually 5-15% of rewards) in exchange for managing the infrastructure.

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Related Terms

Staking

Locking up tokens to help secure a proof-of-stake network and earn rewards.

Validator

A node operator who validates transactions and creates blocks on a proof-of-stake network.

Proof of Stake (PoS)

A consensus mechanism where validators stake tokens as collateral to secure the network.

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

AI x Crypto

The intersection of artificial intelligence and blockchain technology.

Airdrop

A marketing strategy where crypto projects distribute free tokens to wallet addresses.

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