Staked Incentive

Staked Incentives are balances of cryptocurrency held in a smart contract on a cryptocurrency blockchain such as Ethereum. Blockchain incentives are rewards or punishments which influence the behavior on a blockchain. When a user puts their own cryptocurrency into a smart contract with the intention of interacting with that smart contract, its users are “staking” their crypto assets. Staking rewards are implemented in order to reward users for positive behavior and are essentially bonus funds issued for following the contract’s rules. Conversely, when a smart contract participant behaves negatively, their escrowed crypto-assets can be “slashed,” which means they lose a portion of their staked funds.