Interest staking involves earning rewards by holding and locking up certain cryptocurrencies in a staking mechanism. When you stake your coins, they are used to support the network’s operations, like validating transactions or securing the blockchain.In return for your commitment, you receive interest or rewards, often calculated as a percentage of your staked amount. This process encourages users to hold onto their coins rather than selling them, promoting stability in the cryptocurrency market.Different platforms offer various staking options, including varying reward rates, lock-up periods, and minimum staking amounts. It’s essential to understand the terms and risks involved, as staking your assets can sometimes limit your liquidity.Overall, interest staking allows individuals to earn passive income on their cryptocurrency holdings while supporting the network’s functionality.