I'm not sure where to put this in the forums. Since I am a beginner, I thought I would put it in the Beginner section.
I have Atomic Wallet.
It offers the highest percent annual return for staked coins.
There are other crypto wallets that offer higher returns but it's not available to US citizens.
Osmo-USD has been pretty steady for quite some time. It offers a 22% annual return if staked.
Some people will say but that won't last forever. No one knows when the percentage will drop.
If it drastically drops then I can move it to another coin that offers a 22% annual return.
Or I could put equal amounts into 4 different coins that offer high yields.
So if one drops I can move it to another coin.
Some people will say what if the price of the coin drastically drops?
But you can say that about any coin you invest in.
Do you think it's a good idea to stake coins?
Please explain your opinion.
Atomic Wallet didn't fulfill my expectations at that moment and as others said above it has some security flaws.
This year I am operating with BItkeep (now rebranded as Bitget Wallet). Metamask and Trust were my mains in DeFI but I moved out to the other for having more integrations than the other two giants (89 between dAPPS and Chains). Now you can choose between a 12 seed phrase or a 24 one and has 6 chains added instantly (For me that I downloaded this to start testing ZksyncEra was a huge deal). Is pretty smooth and fair for beginners and is very used by defi Traders