Autonomous staking refers to the process where a user’s assets are automatically staked in a blockchain network without any manual intervention. This is typically facilitated by smart contracts, which manage the staking process and rewards on behalf of the user.In this system, users delegate their tokens to a staking service or a validator that handles the technical requirements of staking. The smart contract takes care of tasks such as claiming rewards, participating in the network, and reinvesting earnings, all while adhering to the staking rules defined by the blockchain.The main advantage of autonomous staking is that it simplifies the staking process for users who may not have the technical knowledge or time to manage their own staking. This allows users to earn passive income from their crypto assets with minimal effort, making it more accessible for a wider audience. Overall, autonomous staking enhances user experience and promotes participation in decentralized networks while optimizing yield generation.
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