[Ads-l] New to me "defi staking"

[Andy Bach]

>From a spam msg:
I would like to introduce you to a new method of investing that
yields up to 21% monthly and 160% annually.

Using defi staking, you can provide liquidity and collateral for
businesses and individuals, earn returns on the amount of money
you provide.

Apparently:
DeFi staking, in its most narrow definition, refers to the practice of
locking crypto assets into a smart contract in exchange for becoming a
validator in a DeFi protocol or a Layer 1 blockchain and earning rewards
for performing the duties the role requires. More broadly, DeFi staking is
often used as a collective term for all DeF activities that require
temporary commitment of crypto assets.
https://limechain.tech/blog/defi-staking-explained/

with "defi" being used as an adjective (?) with other verbs and nouns.  Ah,
just short for "Decentralized Finance"
https://www.investopedia.com/decentralized-finance-defi-5113835

-- 

a

Andy Bach,
afbach at gmail.com
608 658-1890 cell
608 261-5738 wk

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