Post
Topic
Board Economics
Merits 3 from 3 users
Re: Passive income : Bank interest vs staking
by
stompix
on 13/04/2022, 21:37:35 UTC
⭐ Merited by so98nn (1) ,Poker Player (1) ,philipma1957 (1)
One of the crypto's with interesting staking returns is #ICP¨, as it can give you uptill 28% APY (yearly).
Sounds better no?

Of course, it does, wow,  28% APY, where do I get those tokens to earn billions?
Oh wait, did you say ICP?



ICP as in the thing that crashed from 424 to 17$?
So if I would have staked with ICP a year ago I would have put down 424$ of cons and got back 22$ with all the APY.
Sorry, 1% bank interest sounds better than losing 95%.