Post
Topic
Board Speculation (Altcoins)
Re: Will you stake your token to make profit?
by
edisystem
on 02/05/2019, 05:32:37 UTC
Recently staking gains great popularity in crypto market, especially among wallet users. Some wallets claim that you can get extra 7-150% token if you choose to stake your token in their wallet. What on earth is staking? I wrote sth about staking on medium.https://medium.com/@rockminer/staking-another-new-way-to-make-money-in-crypto-aabf58143bb7

Here is the thing: will you choose to stake your token to make profit?
I think it's called Proof of Stake (POS), so you get some coins or profit by staking the coins.

Actually it's a good way to get profit too, just staking so many coins and you will get profit/interest every time. It's also good to make the price of that token stable or at least not go down, because people will buy and staking too to get the profit.