Group staking involves multiple participants pooling their resources to stake a certain amount of cryptocurrency together. This process typically occurs on networks that use a proof-of-stake consensus mechanism, where participants lock up their tokens to help secure the network and validate transactions.By combining their assets, individuals can increase their chances of earning rewards since the total staked amount is larger. This can be especially beneficial for those who may not have enough tokens to meet minimum requirements for staking on their own.Participants usually share the rewards generated from staking based on their individual contributions. This collaborative approach not only makes staking more accessible but also fosters a sense of community among participants. Group staking can happen through platforms or decentralized applications that facilitate the pooling of funds. However, it’s important for participants to consider the terms and potential risks involved, as they are trusting others with their funds.