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Staking Rewards

Staking rewards are incentives given to validators who contribute to the Proof of Stake blockchain network. Validators are required to stake their own currency, which is locked up during the staking process. The more currency staked, the higher the potential rewards, which come in the form of newly minted currency and transaction fees. Staking rewards are often distributed among multiple validators who participated in the staking process, rather than a single "winner." Validators may also participate in staking pools, which include nodes that may not have enough crypto to be a full validator. If a staking pool receives rewards, they are distributed among the nodes within the pool. Staking functions differently on different networks, and validators may have their own staking pools. Staking rewards incentivize validators to contribute to the network's growth and development.