Quote from: Kavelj22 on Today at 10:01:25 PM

Quote from: CupCakeHugs007 on Today at 09:49:28 PM

As far as I can tell, the annual return stays at 17.66% for the duration.
Is there any drawback I'm missing?
Why don't people just buy Cryptos that they can stake?

According to my opinion, some platforms provide the staking feature because they need liquidity. It means that it will use that stored liquidity in exchange for annual returns to its owners.

The issue is that this program has a degree of danger because it is imperative for the user to have complete confidence in the platform, and the staking system encourages investing in the largest amount of money to ensure a greater percentage of returns.

17.66% sounds so tempting that I don't think it's true. Some platforms set attractive rates to attract the largest number of users and encourage them to invest more amounts. Therefore, we should not blindly trust any platform that offers very attractive offers.

Basing up on the numbers mentioned above, if these percentages been offered into those non-custodial wallet then we could really at least assure that they are really offering slightly different in terms of percentage but

having that <2-3% Annual is already that big, similar on what _act_ have said above in speaking about differences and i do agree on the fact that not your keys then not your coins after all when you do tend to
store it up on exchange platforms. Its true that i dont really that like that idea on having that staking considering those tokens/coins would be locked on a certain time and there's no way that you could be
able to withdraw it out if its needed until it would be reaching out that timeframe. If you do, then there's unbonding period for you to wait up specially if you have decided to unstake it.

Its true that those returns annually is really that good looking or interesting but with the risks involved and the things attached to it which it do makes it not really that ideal at all
in the end.