What is WAVES Staking

WAVES Staking is a transfer of WAVES assets to pool owners to earn a percentage of the payouts as a further reward from mining and also with the goal of improving the stability and security of the network.

WAVES assets are not actually being transferred to another account, they remain on the sender's balance, however, they are 'frozen' and cannot participate in the buying and selling operations, as well as they cannot be sent to another account.

At any time, the sender can 'unfreeze' assets by invoking the Cancel transaction.

The assets transferred to the staking provide the staking recipient with a greater chance of mining another block.