My question is: in projects like Sandbox, Axie infinity..etc in which you have an option to stake the native coin (not a pair) and receive rewards.. how exactly does this work from a technical point of view?
Please note that I’m not referring to Liquidity providing, Yield farming, proof-of-stake validating or Lending.. I’m asking about the native staking on those platforms (as well as most of the new blockchain play-to-earn games projects).
Another question.. When I stake those tokens, does it leave, my wallet? or it just gets locked-in using a smart contract?
I would be very grateful if someone can answer this for me.