Let's return to why entrepreneurs are investing in DeFi staking platform development now that we've explored how DeFi staking benefits users.
First and foremost, this is an ideal method of enticing users to your site. Users are more inclined to contribute their assets to your platform's liquidity pools if you offer adequate incentive essentials.
As a result, the more liquidity a platform offers, the more reliable it seems to users. Second, by allowing staking, your platform will be able to collect more in transaction fees because of the increased volume of transactions.
As a result, a increasing number of lending and borrowing services and crypto exchanges are executing liquidity mining and yield farming processes.