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?.
Binance offers 10% APR returns on USDT and BUSD Savings . I don't think it is less profitable . coz a central bank of my country offers only 5% APR return and from them have 20% Government tax . 4% is actually available from there . here if i use 1000$ savings then i will get 40$ in a year . but Binance offers 95-100$ Yearly . so i think savings on Binance is not bad idea