stake meaning

As of July 2022, the crypto exchange Kraken offers a 4% to 6% annual percentage yield for Cardano staking and 4% to 7% for Ethereum 2.0 staking. Because the Ethereum 2.0 network upgrade isn’t complete yet, there are a few caveats on Kraken for staking Ethereum. “Each blockchain network typically has one to two official wallet apps that support staking. For example, Avalanche has the Avalanche wallet, and Cardano has Daedalus and Yoroi wallets,” Trakulhoon points out. Many leading crypto exchanges, like Binance.US, Coinbase and Kraken, offer staking rewards. He specializes in making investing, insurance and retirement planning understandable. Before writing full-time, David worked as a financial advisor and passed the CFP exam.

Other words for stake

He staked his reputation on the success of the invention. With her strong showing in the early rounds of the tournament, she has staked her claim to be considered one of the favorites. The investment firm plans to further increase its stakes over the next six months, the filings said. Foreign companies across a range of sectors seek to stake a claim in China’s fast-growing economy. Global competition has raised the stakes of doing business.

More from Merriam-Webster on stake

The City continued to play for high stakes in shares of the airline. Users at Stake.com generally transact in cryptocurrencies rather than traditional currencies for their betting accounts. Account balances can be withdrawn in the equivalent value of cryptocurrency and then deposited back into the user’s personal cryptocurrency wallet. The stakes run much higher when the treatments cost a lot in money or health. Staking is a good option for investors interested in generating yields on their long-term investments who aren’t bothered about short-term fluctuations in price.

Add stake to one of your lists below, or create a new one. The race produced three graded stakes winners and one of the best runners of this generation. The company’s reputation is at stake and they need to act quickly and decisively. He has talent and ambition, and I’d stake my reputation on his success. Almost everyone has a stake in the global economy these days. The stakes are pushed or hammered into the ground and can be used for supporting a plant or forming part of a fence. The stowaways are trying to raise the stakes by refusing to eat until they are given money and aid.

But one thing to note is that these pools are typically built through third-party solutions. Plus, a stake doesn’t have to consist of just one person’s tokens. For example, a holder can participate in a staking pool, and stake pool operators can do all the heavy lifting in validating the transactions on the blockchain.

Many blockchains use a proof of stake consensus mechanism. Under this system, network participants who want to support the blockchain by validating new transactions and adding new blocks must “stake” set sums of cryptocurrency.

You can get started staking quickly with an exchange or crypto wallet. “It’s as easy as setting up a crypto wallet, loading it with cryptos, and clicking the ‘staking’ button on validators or staking pools within the wallet app,” says Trakulhoon.

The firm’s remaining stake of 155.6 million shares is valued at about $7.2 billion (at $46 each). The word in the example sentence does not match the entry word.

Read more about stake promo here.

When the stakes are high, and the gatekeepers of reproduction and survival are other minds, competition and manipulation become central. If the edited embryos result in a baby, his or her offspring will also inherit the edited DNA—thus dramatically raising the stakes. A stick or post pointed at one end for driving into the ground as a boundary mark, part of a fence, support for a plant, etc.

The Stake app offers a simple, yet powerful mobile trading experience, with competitive brokerage fees. Sign up in minutes and trade the world’s largest stocks, like Tesla, Apple and Google. But this is more a by-product of human error — people forget to remove stakes and ties. In theory, staking isn’t too different from the bank deposit model, but the analogy only goes so far. In some ways, staking is similar to depositing cash in a high-yield savings account.