Post
Topic
Board Altcoin Discussion
Re: What is the best token for staking right now?
by
cabron
on 03/08/2021, 14:12:23 UTC
NEO doesnt need staking AFAIK theyd send the GAS by just holding the NEO thru our wallet.

How much have you staked SOV and earn after a week?
I have some of these during its ATH at $80 when it started dipping to $65 I sold it. I'm glad I did since I bought it for $40 too. I still profited though I only bought a few of them.  I can afford to buy at least a hundred. If they just don't give penalties to the early unstakers of the SOV, I likely would have staked.


I actually already sold from the bounty campaign at the beginning of the distribution. I'm just looking to be safe for newly released projects only.
but after a drop along with the bitcoin dump, I bought it another $100. now I stake everything on the platform.
but I forget for how long. I just did the settings until the end of this year, then the Staking could be unlocked. because it seems that when we unstake before the planned time, a large fee will be deducted from the SOV balance.

If I remember as someone said its 10% deduction for untimely unstaking it. Thats a big amount especially if its price was $80 each token.  The platform gets more interesting when they did have aggregator Babelfish, so I'm gonna watch ghe project as it develops even if just investing $1k will still be profitable.