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?
No one will pay you such a rate after a year. For a project to have such profitability, there must be a constant inflow of new funds into the asset. Once LUNA offered staking at 19% per annum and we all know what happened to LUNA after that. In staking, the higher the annualized rate, the higher the chance you won't get paid. I would target 4 or 5% APR, it looks more realistic. Many well-known pools of well-known cryptocurrencies maintain just such rates. Exchange pools very often have dynamic interest rates and they change constantly.... downward.
Wont really be that giving an assurance because on the time that you might consider on staking because the percentage was good but in midway on which you would really be get shocked on the time that these issues would
really be popping out like mushrooms and since pulling out those funds wont really be that immediate since of those unbonding period. Just like on what others been saying that there would be some factors on which it would really be affecting in overall advantage when you do stake. Honestly im not really that seeing this to be worth if we do speak on some altcoins but for top ones then i might seeing to be worth but
if you do really go for short term then it wont really be that a good idea or worth since it wont really be that profitable at all. Staking might that good looking on some people
but there would really be some exemptions.