Auto-Stake refers to an automated process that adds earned rewards back into a user’s staking balance without requiring manual intervention. When a user stakes their cryptocurrency, they lock it up to support the network’s operations, like validating transactions. In return, they receive rewards.With Auto-Stake, any rewards that accumulate are instantly compounded. This means that instead of waiting to manually re-stake earnings, users benefit from the power of compounding interest seamlessly. Their investment can grow more efficiently, as the rewards increase the amount being staked.This feature is commonly found in specific staking platforms or projects that aim to simplify the user experience. It allows users to focus on their investment strategy without having to remember to re-stake. Auto-Stake attracts both new and experienced users who prefer a more hands-off approach to managing their staked assets while maximizing potential returns.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to