There are three different things that people call “staking” on Algorand:
- If you have Algos on your wallet, as @scholtz mentioned above, you automatically get participation rewards. No need to do anything. To compound those rewards, you need to make transactions from/to your account. See https://algorand.foundation/faq#participation-rewards- and How Algorand Rewards Distribution Works | PureStake
- You can also participate in governance, which will earn you additional rewards. However, the commitment period ended. But you can participate for the next period. See https://algorand.foundation/governance
- You can also run a participation node and participate in the consensus protocol. There are no rewards for that. However, this is very good for the health of the blockchain. See https://algorand.foundation/faq#participation-nodes-