What is Staking Sparklet?

Staking is a term in crypto that refers to locking your crypto assets for a set period of time to help support the operation of a blockchain.

Practically in Upland, when you stake your Sparklet you are placing that reusable asset in a situation where it is working for you. Think of it as a construction worker. When you stake Sparklet on a property to build a home, you are acting as a contractor sending your worker to build the home. When he has completed the job he will come back to you and await his next assignment.

When staking your Sparklet, you are always in control of it even when you stake it on someone else’s property. You can remove your Sparklet from a build whenever you wish and it will return to your account.

If you do have Sparklet in your account, it should always be utilized. Unlike a real construction worker, Sparklet doesn’t need to rest, so ensure that it is always in use!