# 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](https://docs.allforone.app/glossary/definitions/smart-contracts) that are stored and executed on a [decentralized](https://docs.allforone.app/glossary/definitions/decentralization) 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.\
\
Some blockchains use a [Proof-of-Stake](https://docs.allforone.app/glossary/definitions/decentralization/distributed-consensus/proof-of-stake) (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.