But you will encounter another problem when staking with tokens or altcoins, which is its future value. There is no guarantee that the value of Renec or Solana will stabilize or increase in the future, if it is dumped or disappears, you will also suffer losses and lose all your capital. High APY is just a sophisticated trap that altcoins are creating to trick investors into investing in it for the long term. I have a friend who is also staking, who bought ICP for 50 USD in 2021, and he is staking at binance. But you can check ICP's current price, I don't think it can increase in price to help him recover his investment, let alone profit.