Post
Topic
Board Speculation (Altcoins)
Re: Will you stake your token to make profit?
by
coinporch
on 03/05/2019, 09:15:39 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?

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.

maybe few coins will give about 150% or more rewards for stakers, but seems to risky if we invest in a kind of project like that
because normally the stake rewards for a serious project is between 1% - 10% per annum, and usually the rewards will decreasing each years my friend