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

Andy Bach afbach at GMAIL.COM
Thu Feb 17 19:29:57 UTC 2022

>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.

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.

with "defi" being used as an adjective (?) with other verbs and nouns.  Ah,
just short for "Decentralized Finance"



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

The American Dialect Society - http://www.americandialect.org

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