How to stake Woo on Woo X?

Could you please elaborate on the process of staking WOO tokens on Woo X? As a user, I'm interested in understanding the steps required to participate in staking and what benefits it may offer. Additionally, is there a minimum amount of Woo tokens required to begin staking, and what are the potential risks associated with this process? Lastly, how does the staking process work in terms of locking up tokens and earning rewards?