Post
Topic
Board Economics
Re: Which is better, staking or investing?
by
gunhell16
on 04/08/2023, 14:44:28 UTC
Staking is the process of investing in a project which is built on the PoS~Proof of Stake algorithm. Your coins are locked on their specified wallet for a period of time and you earn a percentage of your holdings in time intervals. Proof of stake is an alternative to the Proof of work algorithm used by the Bitcoin network to reward miners.
Staking is similar to mining on the Bitcoin network

My most important question: Which is better, staking or investing?
Staking is a form of investing, you'd need to specify what form of investment to compare it with.

Doesn't it seem like stakes and Farming are almost the same, lock your coins too? The only difference between them is that they are few and that is that in farming anytime you can take it out and stop what you are doing here, while in staking it is not like that as far as I know.

or depending on the platform to perform staking and farming. In my experience, because using dex is in Farming, you can stop it anytime and your profit can be cashed out immediately, and even when it comes to betting, it's almost the same, but with Binance, it's not like that because you have a duration choice to choose.