Staking Pool
| A staking pool is a pool of cryptocurrency tokens in which several stakeholders combine their computing power to increase their staking power in return. This allows them to earn rewards more frequently and with greater certainty than they would if they were staking their tokens individually. The size of a staking pool can vary, but it typically consists of between 10 and 100 stakeholders. Each stakeholder contributes an equal amount of computing power to the pool, which is then used to validate transactions on the blockchain. In return for their contribution, each stakeholder receives a portion of the rewards earned by the pool. Staking pools are a popular way for cryptocurrency investors to earn rewards, as they offer a more predictable and reliable return than individual staking. They also allow investors to pool their resources and increase their chances of earning rewards. |
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