Hey crypto enthusiasts.
I recently discovered staking and I'm pretty interested in it.
However, I noticed TEZOS and COSMOS are the most staked and known staking coins. What is your experience with it? Is this profitable?
I found out that a project which i have been following lately has started its own staking event -->
https://newscrypto.io/holder_rewards.pdf Is this the same as staking? It looks profitable but i dont understand the whole procedure behind it.
What are your thought and experience around these staking/holding events?
Thanks in advance.
If you believe with that project, you should hold that tokens, and add more amount so you can get many rewards. I don't have much experience in staking coin or token, but I think that can give you profitable in the long term. I believe there are many more coins or tokens that you can use for staking, but I don't know how much the rewards. I always dream about staking DASH because the profit is big than the other coin but to have many DASH before stake needs much money.