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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Staking is a mechanism in the blockchain world especially on networks that use Proof of Stake (PoS) or variations thereof, such as Delegated Proof of Stake (DPoS). This mechanism works by allowing token holders to lock their assets in the network to help secure and run the blockchain. In return they receive rewards in the form of new tokens or transaction fees

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