Post
Topic
Board Altcoin Discussion
Re: which one of altcoin does most profit for staking
by
Teknisi88
on 20/11/2021, 09:33:34 UTC
hello guys
good time

I have a question

which one of altcoin does most profit for staking ?

I want to staking CAKE in pankakeswap, have you seen altcoin that staking is profitable than CAKE ?

which one ?
can you help me ?
Will you give Algo a try?
It is a good alternative for dApp developers who are looking for a faster and lower cost network.
Staking rewards were initially set at a 10% annual rate, but as of April 2020 the annual reward is 5.46% according to StakingRewards.com or around 8% on Binance Staking.
Algo is widely preferred for staking because the stake process is quite simple. There are no nodes to run, and no other special requirements.
Users only need to store their ALGO in the appropriate wallet, and payments are made approximately every 20 minutes.