# Dual Staking: A New Era of Security * **How Dual Staking Works**: Dual staking uses two types of tokens to secure a Proof-of-Stake (PoS) network, leveraging both an external, stable token (like ETH or BTC) and the network’s native token. This enhances security and mitigates risks associated with token volatility, simplifying the bootstrapping process and improving economic security. * **Economic Security**: For Wirex Pay, dual staking can significantly enhance economic security by allowing WPAY to be staked alongside ETH and/or BTC. This ensures robust network security, even if WPAY value fluctuates, thanks to the stable backing of ETH/BTC. * **Decentralization**: Dual staking promotes decentralization by attracting a diverse group of stakers, broadening the validator base, and reducing centralization risks. This enhances the network’s resilience and integrity. * **Mitigating the "Death Spiral"**: Dual staking mitigates the “death spiral” effect, where a decline in the native token’s value reduces network security, further depressing the token's value. With ETH/BTC as a secondary staked asset, Wirex Pay maintains a baseline level of security, safeguarding the network’s stability during native token volatility. * **Innovative Dual Staking for Wirex Pay**: Incorporating dual staking within Wirex Pay provides a balanced and secure framework for network growth. Leveraging WPAY and ETH/BTC enhances economic security, promotes decentralization, and mitigates risks associated with token volatility. This aligns with Wirex Pay’s vision of creating a secure, innovative, and community-driven payment network. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.wirexpaychain.com/restaking/dual-staking-a-new-era-of-security.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.