The primary benefit of staking is that you earn more crypto, and interest rates can be very generous. In some cases, you can earn more than 10% or 20% per year. It's potentially a very profitable way to invest your money. And, the only thing you need is crypto that uses the proof-of-stake model.
Crypto staking comes with risks. There are several drawbacks to cryptocurrency staking: Your assets have limited or no liquidity during the staking lockup period. Staking rewards (as well as staked tokens) can lose value when prices are volatile.
