Saacadda May 29, 2025, shaqaalaha Waaxda Maaliyadda ee SEC waxay soo saareen bayaaan ku saabsan “Hawlaha Qaarkood ee Protocol Staking. ” Hawlaha gaar ah ee “staking” ee lagu sameeyo shabakadaha blockchain-ka ee adeegsada caddeynta-xaqiiqada (“PoS”) sida habka isku-wadamaysiga (“PoS Networks”), shaqaalaha SEC waxay sheegeen inay arki karaan inay hawlahani aysan ahayn dalab iyo iibinta saamiyada sida ay tijaabada Howey u qeexdo. Aragtidaas shaqaalaha SEC waxay khusayso oo keliya hawlaha iyo macaamilladan Protocol Staking ee hoos ku qoran (mid walba waxaa loo yaqaanaa “Hawlaha Protocol Staking”): - Staking-ka Hantida Crypto-ga ee La Difaacay ee ku jirta Shabakadda PoS; - Hawlaha ay qabtaan dhinacyada saddexaad ee ku lug leh habka Protocol Staking—including laakiin aan ku koobanayn Waqaallada Dadka Ka Shaqeeya Node, Saxafiga, Damaanadqaadayaasha, Wakiilada, iyo Magaca-qaadayaasha (“Bixiyeyaasha Adeegga”)—oo ay ku jiraan doorkooda la xiriira helidda iyo qaybinta abaalmarinta; - Bixinta adeegyo gaar ah oo ka tirsan adeegyo maamul ama adeegyo maamulka. Sidoo kale, aragtida shaqaalaha SEC waxay ku kooban tahay Hawlaha Protocol Staking ee ay fuliyaan gudaha noocyadan soo socda ee Protocol Staking: - Iska-Staking-ka Madax (ama Solo), halkaas oo Waqaallada Node ay ku stake-gareeyaan Hantida Crypto-ga ee La Difaacay ee ay leeyihiin iyaga oo adeegsanaya ilahooda gaar ahaan. Waqaallada Node waxay ka koobnaan karaan hal ama in ka badan oo qof ah oo wadajir u wada shaqeeya si ay u shaqeeyaan node iyo inay stake-gareeyaan hantidooda Crypto-ga ee La Difaacay. - Staking-Ka Iska-Dhammaadka Tooska ah ee Waqaallada Kale, oo dhacda marka, sida ku xusan shuruudaha protocol-ka, Waqaallada Node la siiyo xaqa ansixinta ee milkiilayaasha Hantida Crypto-ga ee La Difaacay. Lacagaha abaalmarinta waxaa la heli karaa si toos ah oo ka iman karta milkiilayaasha Hantida Crypto-ga ee La Difaacay ee shabakadda PoS ama si dadban oo ka yimaada Waqaallada Node. - Nidaamyada Damaanad-qaadashada, oo ku lug leh damaanadqaade stake-gareeya magaca dadka milkiilayaasha Hantida Crypto-ga ee La Difaacay ee la xidhiidhka leh.

Tusaale ahaan, madal ganacsiga crypto ah oo kaydisa Hantida Crypto-ga ee La Difaacay ee macaamiisheeda ku hayaan, waxay ku stake-gareyn kartaa hantidaas iyagoo ka faa’iideysanaya shabakadda PoS oo oggolaatay wakiilka dadka macaamiisha ah. Damaanadqaadayaasha waxay stake-gareeyaan Hantida Crypto-ga ee La Difaacay iyaga oo ka howlgala node-kooda ama iyagoo dooranaya Waqaallada Node ee dhinac saddexaad. Xaaladda dambe, doorashada Waqaallada Node ee Damaanadqaaduhu waa go’aankood aasaasiga ah ee ay ku sameeyaan habka stake-gareynta.