A DeFi staking platform allows users to lock their digital assets in a smart contract to earn rewards, typically in the form of interest or additional tokens. These platforms operate without intermediaries, ensuring that participants have full control over their funds. Staking platforms like Aave, Yearn Finance, and SushiSwap enable users to stake cryptocurrencies such as Ethereum or Polkadot, helping secure blockchain networks while generating passive income. DeFi staking platforms offer higher potential returns compared to traditional financial products, with increased risks.
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