Over the past year, the term “staking” has become more and more prevalent in the blockchain ecosystem. From a high-level, staking refers to locking some form of collateral in exchange for some form of benefit. We’re seen staking use-case for everything from base-layer protocols for consensus like Tezos, Cosmos and Algorand to application-specific staking in notable DeFi applications like Synthetix and Uniswap.