Hello everyone,
I heard that it is possible to stake with my own wallet.
This seems to provide you the best of two worlds: you
keep control of your funds and you earn rewards with
them. That being said, the only info i can get on this
is: "Non-custodial staking is more complicated and requires
technical skills and blockchain knowledge that is beyond
most beginners".
Can someone elaborate or give a link for a better
understanding?
Thanks a lot:)
Staking doesn't really worth the risk for the rewards we get in return but still some people interested in the concept of staking and make something instead of letting their crypto on their wallet.
AVAX is a choice for you, all you need to setup your own node and have 2000 AVAX to become a validator and you can get around 7.5% APY while holding crypto in your custody.