The native DEXFY as DFY token serves as the catalyst for this transformation, facilitating seamless interactions, reduced fees, and community-driven governance. As DEXFY as DFY.money leads the charge toward a decentralized financial future, it opens new doors for investors and enthusiasts to participate in a secure, transparent, and prosperous ecosystem.
While staking lets users receive yield, an important consideration is the concept of total return, a combination of capital appreciation & yield received.
Some tokens have minimum lock-up periods where users cannot withdraw their tokens.
If a user joins a staking pool, a risk could be that the validator fails to perform their tasks properly or engages in malicious behaviour.
Staking and lock-ups are a way to passively receive rewards on cryptocurrency holdings.