# Utility

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### Staking.

Like a lot of matters in crypto, staking can be a complex concept or a simple one depending on how many levels of appreciation you favor to unlock. For a lot of traders and investors, understanding that staking is a way of earning rewards for holding certain cryptocurrencies is the key takeaway. But even if you’re simply looking to earn some staking rewards, it’s useful to understand at least a little bit about how and why it works the way it does.

### How does staking work?

If a cryptocurrency you own allows staking you can “stake” some of your holdings and earn a percentage-rate reward over time.

The reason your crypto earns rewards while staked is because the blockchain puts it to work. Cryptocurrencies that allow staking use a “consensus mechanism” called Proof of Stake, which is the way they ensure that all transactions are verified and secured without a bank or payment processor in the middle. Your crypto, if you choose to stake it, becomes part of that process.

### What are the advantages of staking?

Many long-term crypto holders seem to be at stake as a way of making their assets work for them by using generating rewards, alternatively than collecting dirt in their crypto wallets.\
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Staking has the delivered gain of contributing to the safety and effectiveness of the blockchain tasks you support. By staking some of your funds, you make the blockchain extra resistant to assaults and enhance its capability to manner transactions. (Some initiatives additionally award “governance tokens” to staking participants, which supply holders a say in future modifications and enhancements to that protocol.)

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***The utility you can get through us are***:

* **DEX on ASTAR network with a user-friendly interface**
* **Yield farms and pools**
* **NFT earns**
* **Staking rewards**
* **Launchpad**
