Compound Staking

Compound staking in crypto refers to the practice of depositing and lending digital assets on the Compound protocol to earn interest and potentially receive additional governance tokens as rewards. By staking their cryptocurrencies on the Compound platform, users can actively participate in the lending and borrowing ecosystem, earning interest on their deposited assets while contributing to the overall liquidity and efficiency of the decentralized finance (DeFi) market. The interest earned from staking is often compounded, allowing users to continuously reinvest their earnings and potentially grow their crypto holdings over time.

Please refer to the next section to learn more about compound staking.