Quote from: darewaller on March 27, 2023, 07:08:00 PM

Quote from: jossiel on March 27, 2023, 12:07:42 PM

I'll give everyone a tip about staking, it's better to have that less APY than to take risk and get those too much APY/APY that you're unsure if the project is gonna be successful.

Most projects that are still on the early stage will do that because it's part of being new and that's sort of enticement to the investors. Usually with high APYs, you'll get attracted to it but you'll be unsure if it will take long as the higher the APY, the lower number of investors involved.

I think there is also a staking platform that allows you to unstake your coins anytime or after some days or weeks. This is perfect if you are staking new coins which you are doubting if they will be successful in the long term or not. For the older coins like for example ETH, their staking time is usually a year or can be longer than that. The minimum coin to be staked is also much higher.

I think this is only perfect for those whales and institutions. For us retailers we can only hodl the old coins and we can still make a profit with it. The good about simply holding a coin is there are no commitments but we are free to sell our coins anytime we like.

Yes, that's the flexible term of staking.

And it's also an advantage to choose that term so, having lesser APY but you're also allowed to unstake anytime as you wish. That's the best choice that someone who's into staking can do.

ETH's staking is different and it's more advisable to just hold it if you don't have that much rather than joining a pool. But if you insist and wants to help the network with your < 32 ETH then you're required to join a pool.