Earning through staking on Decentralized Finance platform has been a great tools through which people make passive income in the past few months. It works like having a fixed deposit in bank. And this staking features has helped a whole lot not in driving series of DeFi coins or token to a very high ATH as it brings about people acquiring more to be staked and reduced the quantity offered for trading.
It helps the market and economy of that token because it locks tokens on those platforms for a certain time. And when that happens, there's a lesser supply in the market which makes the price a bit higher. But I'm not still on it.
I don't find the rates are good for me and I better choose holding than sending it there.
Do it ever in this investment does offer some reasonable or tempting rates or interest of your coins to be held up for a specific period of time?
So far in my experience i havent seen one and when it comes to risk ratio then i dont see for it to be worth on putting up your money with this one.It is much more worth if you do just simply
held of your own coins with your own wallet and you might able to earn bigger than into those interest that had been offered and not just talking about on the money you can possibly
earn but also with the risk because letting those 3rd parties handling out your funds isnt really that giving out confidence on my part, nothing beats out when you do
possess the keys rather than on others wallet.