Ninjastic
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Post
Topic
Board Speculation (Altcoins)
Re: Will you stake your token to make profit?
by
Cnut237
on 03/05/2019, 07:22:27 UTC
Quote from: ROCKMINEROFFICIAL on April 28, 2019, 02:17:04 AM
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？

150% sounds absurd for staking reward, I can't see how something that offers that can be sustainable. I think the staking reward that is being discussed for when ETH goes to PoS is only a couple of percent.