Bitcoin Forum

Indefinitely? Or will they eventually end it?

I've been thinking. I really love the idea of getting passive income from staking ADA, ATOM, and VET. If I put a bunch of money into that. I could one day just live off of the passive income. Or it be at least enough to pay some bills. So is this something they plan to do indefinitely or is it only temporary, basically something to get people investing in?

I dont see anything that says they wont. But just wondering what everyone here thinks. These definitely beat the banks any day of the week

Are you referring to their PoS reward? Or are you referring to some yield products under these altcoin projects?

If you are referring to their staking rewards, I can see no reason why they are going to stop their PoS system, so it will probably last until the max supply is reached. If you are referring to yield product rewards then I think they will not continue infinitely. We don't know when it will end but at some point it will certainly cease to be an attractive market.

Basically POS is almost the same as POW but in POS you will become a miner with your token(called stakers) that will help the blockchain to run its network. I think that as long as the POS chain is still running like ADA, vechain, and cosmos. you will always get staking reward from help the network.
It's totally beat the system that used by the bankers and remembers staking was offering the better annual yield to the stakers too.
Remember people who store their money in their bank account are the same like they were giving the bank free loan that will be used for another purpose to generate more money like lending service.  It's not the same with staking.

That's because there is no plan to switch to POW or other new algo that removes staking in the forseeable future. I also don't see them dropping it because it's one of their main marketing feature. Doing so would greatly affect users and might cause them to leave.

They do staking to tempted holders to hold more there token for passive incoming in exchange for a few APY from there budget. So this staking will be last forever or until there supply allocated for that was already depleted.

This is the new trend on crypto because no one will hold a certain without anything in return since there's a lot newly created token in the market that can give early investment profit.

i'm not sure if they do this indefinitely but we do know they have a max supply, unlike ETH which means they will eventually stop at some point. or it may be subjected to the consensus just like other tokens out there. staking coins are providing good income if their prices are good and you invest in outstanding amounts. VET seems not to allow it because VTHOR isn't that valuable.

It should not be infinite because which is against the cryptocurrency and surely will become like the current faulty fiat system if they keep rewarding people with new coins when they hold or something. I don't follow these projects so I am not sure about how they planned for the future but they should avoid if they want to last long here.

Usually, your staking is helping the network to function, so, they should continue to pay you

Nobody knows it is going to last forever or not.
When investing in it, we need to consider other points besides staking rewards.
Development in their technology can majorly change the environment. For example, they are going to change the algorithm.
Staking reward is a mechanism that comes from the PoS algorithm, it is part of the system that is needed to incentivize the holder for securing the network.
If they are going to change the algorithm, that means they will have a different system and staking reward should not be part of it because it comes from the PoS algorithm.

These coins will continue with the proof of staking system until they are over, and I do not know when they will end so we can say that they will continue to give staking rewards forever for now. However it is not that profitable at all, when you consider all the staking and LP profits from erc20 tokens and BSC tokens, you will realize that these are nothing.

I have been making profit from a 13k% thing right now, obviously the price drops a lot because of that but that doesn't change the fact that it gives that much reward and you end up with a bit of profit in the long run no matter how much it drops, not like it will drop 99% so even if it drops 90% that means you profit in the long run. That is why I think it is easier for me to invest into other defi tokens and make profit from that instead of having a proof of stake coin and profit from that.

Basically all crypto projects have tactics and careful planning, just like ADA, ATOM, and VET. And if you choose to staking for this coin I think it's a good choice. because it currently has good programs and plans for the future for the community