Staking definition

Staking means the act of committing or locking Crypto Assets in smart contracts to permit the owner or the owner’s delegate to act as a Validator for a particular proof-of-stake consensus algorithm blockchain;

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Staking means using, or permitting to be used, in any manner, directly or indirectly, through an agent or otherwise (including, for the avoidance of doubt, through a delegation of rights to any third party with respect to any portion of the Article 12 Collateral, by making any portion of the Collateral available to any third party or by entering into any similar arrangement with a third party), any portion of the Collateral in a proof-of-stake validation protocol.

Staking means the activity under which SOL held by the Trust is bonded to a Staking Provider to participate in maintaining the operations of the proof-of-stake (“PoS”) for Solana or such similar program as provided by the Staking Provider.

Examples of Staking in a sentence

In addition, Coinbase shall defend, indemnify, and hold harmless Client, its affiliates and their respective officers, directors, agents, employees and representatives from and against any and all third party Claims and Losses to the extent arising out of or relating to Coinbase’s breach of its obligations in this ETH Staking Addendum.
Client will remit a pro-rata portion of the fee daily, in arrears, and will ensure that, by the end of each calendar month, Coinbase has received payment in full of the amount invoiced for that month pursuant to this ETH Staking Addendum.
In addition Coinbase, has entered or will enter into an agreement specific to the Client with each Approved Validator pursuant to which such Approved Validator has agreed to provide Staking and validation services to Client, subject to the terms of the corresponding agreement (an "Approved Validator Service Agreement").
For any Eligible Digital Asset and Approved Validator pair for which staking is specified on Annex A, Client’s decision to engage the Staking services of such Approved Validator shall be subject to the terms and conditions set forth in the corresponding Approved Validator Service Agreement (defined below), each attached hereto as a Schedule.
Coinbase has entered into pre-existing agreements (and may enter into additional agreements after the date hereof) with each Approved Validator that governs the terms on which the Approved Validator provides Staking to all clients of Coinbase, including, but not limited to Client, (any such agreement, as amended, modified or supplemented, the “Pre-Existing Agreement”).

More Definitions of Staking

Staking means using, or permitting to be used, in any manner, directly or indirectly, through an agent or otherwise (including, for the avoidance of doubt, through a delegation of rights to any third party with respect to any portion of the Trust Estate, by making any portion of the Trust Estate available to any third party or by entering into any similar arrangement with a third party), any portion of the Trust Estate in a proof-of-stake validation protocol.

Staking means (i) using, or permitting to be used, in any manner, directly or indirectly, through an agent or otherwise (including, for the avoidance of doubt, through a delegation of rights to any third party (each, a “Staking Provider”) with respect to any portion of the Trust Estate, by making any portion of the Trust Estate available to any third party or by entering into any similar arrangement with a third party), any portion of the Trust Estate in a proof-of-stake validation protocol, (ii) accepting any Staking Consideration, (iii) holding any Other Staking Consideration accepted by the Trust pursuant to clause (ii), for not more than 30 days after the Trust’s receipt thereof, pending the use of such Other Staking Consideration for payment of Additional Trust Expenses or distribution to the Shareholders and (iv) any financing arrangement or other mechanism utilized by the Sponsor, on behalf of the Trust, in connection with Redemption Orders to manage Ether liquidity constraints arising from activities described in the preceding clauses (each, a “Liquidity Management Solution”). For the avoidance of doubt, (i) the mere act of transferring units of virtual currency on a peer-to-peer virtual currency network that utilizes a proof-of-stake validation protocol shall not be considered to be “Staking” and (ii) “Staking” shall include any related activity contemplated by a Tax Ruling, an opinion or Tax Guidance, in each case, described in the definition of Staking Condition (and, in the case of a Tax Ruling, that is described in the private letter ruling request (as supplemented from time to time) submitted to the U.S. Internal Revenue Service in connection therewith).

Staking means committing digital assets to a blockchain network to participate in such blockchain network’s operations by validating transactions, proposing and attesting to blocks, and securing the network.

Staking means the act of committing digital assets for a period of time

Staking means using a node to commit digital assets to a blockchain network

Staking means activities which involve setting aside a certain amount of eligible Cryptocurrency to become an active validating node for the networks proof-of-stake protocol (and "Stake" and "Staked" shall be construed accordingly);]