Quote from: NewRanger on Today at 09:15:37 PM

Quote from: Koinal.io on Today at 06:16:04 PM

Now staking is very popular and in demand.
But usually people do not pay attention to the tools and products that offer staking platform.
They pay attention to profit of staking platform.

they only focus on yearly rate ratio , no matter about utility or price future when it staked. when we decided to stake make sure we are ready if get impermanent loss in staking periode. some people not ready wth condition and prefer to unstake it. several projects also have stake drop campaign that usually come to cosmos ecosystem.

this is kinda true so many stakers getting fixated in the yearly return of investment even though this could be very well meaningless if the project that they are staking in eventually flops at the end of the day.
utility and fundamental of a project should also be of concern if ones trying maximize their profit from staking, just imagine having the staking period almost finished and at the same time the valuation for the project has increased significantly due to bullrun.
meanwhile the meme coins that offers tremendous amount of APY losing value day by day and eventually makes the valuation next to dust and the time that we spent for staking eventually becoming meaningless.