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DeFi staking development has opened doors to earning passive income in a smart yet convenient manner. The concept of DeFi staking simply locks the crypto tokens in a DeFi smart contract for earning more of those tokens in return. It also has a fixed deposit with the bank and the bank further pays the interest gained on the money deposited. When users lock or stake their crypto asset in a DeFi system, they become a member of the validators across the network. The entire DeFi staking system also ensures next-level security while bringing customers and businesses on the safer side in the long run. 

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