Post
Topic
Board Altcoin Discussion
Re: Here are the best staking coins for your money right now...
by
paxmao
on 15/03/2021, 12:27:47 UTC
Stacking is MEH in 2021... 5-13% APY. Take into calculation the fact that majority of this rewards comes from inflation and you have net APY 1-5%... on coins with montly amplitude like 30-100% ... crazy. This stacking reward is like a drop in a see of risks.

Better alternative:
1- USDC/BUSD liquidity pool on pancake - 20% APY, 0 risks from price change
3- Binance earn on stable coins - 6-9% apy. 0 risk (other than not your keys not your coins)
2- BNB with 5-10% burns, 10-15% apy from lauchapads, 10-15% APY from lauchpads - if you like passive income on high volatile assets that much https://bitcointalk.org/index.php?topic=5208144.msg53299809#msg53299809


For me the answer as of now is none. The reason is that the reward to benefit ratio on most networks that use staking is to low compared to similar alternative investments outside the crypto scene. For me, a 20% APY can be obtained in a number of stocks that are volatile, yet much less than crypto. Smoother ride, less risk...

Now, if you really want to stake, I would start looking at BSC chains, particularly the new ones that have potential to grow aside from the staking ROI.