I was just very much impressed, when I just checked my coinsmarket balance, finding some additional 50,x DMD coins in my wallet. At the current price of 12$ this made me really happy. Not sure it is a mistake or it actually is the result of couple of weeks staking through coinsmarkeet. As coinsmarket is not give all staking rewards to the balances, it is actually hard to say. But it leaded me to look more in detail into the DMD coin overall.
It is arround already since 2014, Diamond (DMD) main ability is to send money anywhere in the world instantly, securely and at near zero cost. Moreover, DMD Diamond aims to empower people to achieve financial freedom by making every DMD Diamond coin an interest bearing asset with high annual interest rate.
They are claiming, that there is up to 25% on staking rewards yearly, but my reward was much higher, which I do not understand. As there are actually not that many coins, the prices is quite decent at 12$ per coin.
So this coin looks very promising.
But I also was trying embercoin and B3, which was just disasterous, as they are giving a lot out on POS reward, but their values are right to zero. I tried also PIVX, but never managed the wallet to go staking
. Deeponion is working nice, but not such much on staking rewards and actually almost nothing, as I obviously do have not enough coins in the wallet.
So what is your strategy, when you select an POS coin? What should be mainly considered, to get some ongoing passive income through staking.
