> For the complete documentation index, see [llms.txt](https://docs.allforone.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.allforone.app/glossary/definitions/smart-contracts/staking-pools.md).

# Staking Pools

A **Staking Pool** is a group of users who combine their resources (such as computing power or cryptocurrency holdings) to earn rewards for holding and supporting a particular crypto asset.

Some staking pools can be created and managed using self-executing [smart contracts](/glossary/definitions/smart-contracts.md) that are stored and executed on a [decentralized](/glossary/definitions/decentralization.md) network. This allows for the transparent and secure distribution of rewards among pool members, making it easier for users to participate in staking and earning rewards.\
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Some blockchains use a [Proof-of-Stake](/glossary/definitions/decentralization/distributed-consensus/proof-of-stake.md) (PoS) consensus algorithm, where users can earn rewards for supporting the network by staking coins and/or assisting with network validation.

Staking pools are not without their risks. As with any investment, always thoroughly research and evaluate a staking pool before joining, and to carefully consider the potential risks and rewards. This can help to ensure that you are making an informed decision and protecting your investment.