Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like
https://twitter.com/ImmobiliumInc/status/1541555357524312065That is why it is important to carefully evaluate the potential of every project.
Staking allow to earn passive income. It is a good opportunity to earn money. But staking works only when market rise.
When market falls the profit from staking does not compensate the loses from fall of the market.
The opportunity to earn passive income attract a lot of people to staking. Staking is not profitable during the fall of the market but after the fall of the market will be a rise and it is important to wait for the rise and find the most prospective project with staking for investment.