APY up to
59.89%
Also, if we look at your link, casino propose very small APY interest. A lot of staking sites propose something like 300 % or similar (sometimes even more)
I am aware of the risks involved with staking for high yield and I have no intentions to do so, just wanted to know more.
Also 53% is already risky enough imo, 300% definitely raises a red flag when comes to APY.
Maybe I'm wrong, but as i remember, APY should be very high. Due time it will decrease after a lot of people will join. Am i right? So in this case APY should be very high, like 200-300 %, because after few weeks it will be 40-50 %
As far as I am aware one of the only ways to actually stake in a relatively secure way is to do it with a very established coin, like Ether instead of tokens.
I can't call it secure way. Risk the same. You staking real crypto (eth) for some tokens, which if site/service disappear will cost zero.
I am not sure of the dynamics behind the APYs, I have assumed it can vary with the time but I dont know how much they vary, hopefully someone with more experience than I can answer the question.
Also, when I mentioned Ether staking I meant using Ether to become a validator within Ethereum blockchain itself, in that case I believe there is a clear difference between staking on a centralized service like a casino and staking to validate transactions in the advent of Ethereum 2.0.