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Zeni

@zeni.eth

Trying to understand "staking" better since it gets thrown around everywhere... What Farcaster ecosystem tokens/apps/protocols have great staking mechanisms? What makes them work well? 500 Degen tip for up to five answers @bountybot
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@ronnique

Ok, let me explain it this way: Think of it like a gym membership deposit- You pay $100 deposit → Get access to gym → Follow rules → Get deposit back later + rewards. Now to farcaster- You stake 100 DEGEN tokens → Get voting power → Participate in votes → Earn extra tokens as reward. Super Simple: It's like putting money in a savings account - you can't touch it for a while, but you earn interest for keeping it there. Tell me this helped?
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