Soft staking refers to a method of earning rewards on cryptocurrencies without locking them up in a fixed period or requiring specific hardware. Unlike traditional staking, where assets are committed for a set time, soft staking allows users to keep their coins in their wallets while still earning rewards based on the amount they hold.This approach usually involves using wallets that support soft staking. Users can simply hold their cryptocurrency in these wallets, which automatically participate in staking activities. Since the assets aren’t locked, users maintain the flexibility to withdraw or move their holdings at any time without penalties.Soft staking is appealing because it combines passive income generation with liquidity. It is ideal for individuals who want to earn rewards while retaining access to their assets for trading or spending. Various platforms and wallets offer soft staking options, making it accessible for a broader audience.
DeFi Dev Corp. Acquires Additional 86,000 SOL in $9.6 Million Purchase
DeFi Development Corp. has acquired 86,307 Solana (SOL) tokens at an average price of $110.91 each, increasing its total SOL