Proof of Stake (PoS) is a consensus mechanism used in blockchain networks where participants can validate and create new blocks based on the number of tokens they hold and are willing to "stake" as collateral. The more tokens a participant holds, the higher their chances of being selected to validate transactions. PoS is an energy-efficient alternative to Proof of Work, as it doesn't require extensive computational power. It incentivizes participants to hold and secure tokens and promotes network security and stability.