Im turning my eyes towards staking alts, since the market is struggling to pick itself up for the last 2 years and (probably) the only profitable thing in 2019 was mining. Lets discuss solid projects with decent returns here. Appreciate any insights and info!
actually I know 2 good staking ideas.
One of them Verasity (VRA). I think it is promising some profit. And they are about to announce a new major exchange listing. And their staking pool offer something good.
You can get and leave staking with your daily profit. It is great.
Earn VRA daily at 0.1% of the amount staked in your VeraWallet. This is the equivalent of 36.5% per year.
The other one is Ferrum Network. Ferrum was a micro cap project. Their competitors has a big value and FRM is trying to reach and overtake them. So I think it can reach 5x-10x easily. And they had a staking opportunity recently. Their staking pools were full and closed. But last wednesday, COO Ian Friend made an AMA and he said new pools may open for FRM holders. They had a 3 different size of pool and up to %50 annual revenue.
The key poins it in here, we should find some staking coins which has a potential to rise. The 10% token you earn per year won't make any sense if the price drops by 50%. Therefore, we should try to find the projects that can increase the price soon.