does this really work? I have tried proof of stake at yobit and invested coins there, but after weeks or even months, there was no increase in the value of my deposit and finally I pulled it again. isn't that similar to a proof of stake scheme? where we focus on the value of the deposit which may increase in value.
It can work for sure. Only you have to lock up a susbtantial amount to make a nice profit for a longer period. On Binance I would feel much better holding my money than I would be with Yobit. It's not safu :p You can stake of farm and make some good money. But to be honest for the coming weeks/months you can make money with everything in the cryptospace. Just take your profits..