It's another way that cryptocurrency projects verify transactions. If you hold on to those tokens for a certain period, then you'll be rewarded with them. Mining is the same thing with crypto - it requires some computing power & electrical usage
Vyfinance is coming to Cardano.. One of the key features is the ability for users to stake their NFT on a vault.. This upcoming mint will allow thousands more users to interact with the NFT vaults on our platform.. Other projects will be able to bring their NFTs onto the platform for their own use.