Pooled staking is a process where multiple participants combine their resources to stake a cryptocurrency. By pooling their assets, users can increase their chances of earning rewards compared to staking individually.In many networks, staking involves locking up a certain amount of cryptocurrency to help maintain the network’s security and operations. Pooled staking allows individuals with smaller holdings to contribute to a larger pool, thereby meeting the required minimum stake needed for participating in the network.Participants in a staking pool share the rewards generated from the staking process based on their contributions. This approach is particularly appealing for those who may not have enough tokens to stake on their own or lack the technical expertise to set up and manage a full node.Pooled staking can also lead to lower costs and reduced risks, as participants can rely on the infrastructure and management provided by the pool operator. Overall, it’s a collaborative way for more people to engage with staking mechanics and earn rewards in blockchain networks.