How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.
Based on the estimation of having earned 9.5% annual profit, that's a realistic result even though the interest is higher than the bank and if you use $ 1k then the profit is not much but the profit is guaranteed. At least you prepare $10k funds then it will get $950 in a year.
Exactly.. it's all up to numbers and 9.5% sounds right.