Post
Topic
Board Altcoin Discussion
Re: Looking for best staking platform
by
CaVO32
on 05/04/2022, 23:56:46 UTC
I have 12 million shiba inu tokens and I'm looking for a platform to stake the tokens for more tokens which platform is the best for staking shiba inu for 30 to 120 days maybe.
I didn't know you could stake shiba, do you mean farming? I don't know what kind of APY you can expect but NEAR has 13% staking rewards and ICP has 40% rewards, both without smart contract risks.

It is hard to trust a platform offering high percentage as you don't know if they will respect the percentage or not or in other cases, will they survive long? If I am the one who will stake SHIB, I will trust it in binance as they are reputable and have insurance. Right now, they are offering about 12% APY for 120 days.