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Author Topic: What is the best token for staking right now?  (Read 536 times)
el kaka22
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August 04, 2021, 05:11:51 PM
 #41

I still prefer Cake by far compared to many many others, it is just not even close. I can see that people like some other stuff because they give better returns and they are not horrible coins neither so it looks like it is going to be quite good according to most of you guys. However I still care about credibility and longevity a lot more than anything else, and Cake is so great that it is undeniably great and that is what I like to focus on because it is basically as secure as anything else and there is absolutely nothing that can be as credible as Cake.

I personally really like it a lot but that is nothing to do with why I like to invest into it, the reason why I really love investing into it is simply just because it gives that comfort of knowing it is not going to crash or it is not going to be a scam, it is the most trustworthy coin out there in the world (in defi world).

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August 04, 2021, 05:26:00 PM
 #42

I have listened many times from different places that Cake is the best for staking I have not tried it myself, because I don't want to take profit from any staking. You can check it on Pancakeswap.

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aemma
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August 04, 2021, 05:28:34 PM
 #43

Huh Huh Huh
Where is APY better. What have you heard about Near and whether it is worth staking this token

Staking seems to be one of the good features currently in the crypto space, this is because it has successfully created a sort of passive income for those already leveraging it. However, before one can get involved with staking, it is paramount to know about the coins and/or tokens worthy of such and to a length such person should be a long term holder.
About worthy tokens, because some projects have seen that staking is good, made a lot of developers to launch theirs but the return or gains is not worth it. Secondly, if one is not a long term holder, staking won't make sense to the person, because if the price of the coin falls, such person might be forced to exit.
I have not heard about NEAR staking, but however, a token like CAKE have been doing well for a while now when it comes to staking and the apy so far is encouraging. In addition, CAKE lists good tokens which you can sell whenever you want or hold long term.
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August 04, 2021, 05:34:11 PM
 #44

There are many programs offered by various platforms. about choosing the best you can try TVK https://prnt.sc/1j3euvi Interest 47% a year but a maximum of only 750 TVK.

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August 05, 2021, 11:19:55 PM
Last edit: August 06, 2021, 11:09:59 AM by ectbit
 #45

I really don't understand why people choose to stake non stable coins for such small APY's.

If you have CAKE, BNB etc is better to stake it in a good new DiFi, harvest their native token and then you stake it for a huge APY . Maybe 2.000 or 3.000%.
Of course it will fell after some time and you must sell your tokens, but in the end you will get more profit than the 20-30% that some good alt coins give you.

I know the high risk, but if you do a good research you can find a lot of reliable (for some period) new DeFi
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August 06, 2021, 09:10:36 AM
 #46

I will prefer BNB, it's overall have many pairings to other coins and you can safely stake it in binance platform to get reward from coins that usually isn't listed yet but have promising potential because the project is good quality. tokens that offer higher APY usually have really high fluctuation therefore isn't really good but BNB have quite low fluctuation so it is relatively safe, also many good projects usually offer BNB staking as well because partnership with binance.

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August 06, 2021, 11:04:13 AM
Last edit: August 06, 2021, 11:24:52 AM by Vann
 #47

I would suggest looking in to HEX. The beauty and simplicity of HEX is it's a finished product with 100% uptime. No admin keys, rug pulls or other nonsense. Just a guaranteed rate of return in HEX for the coins you stake. The current APY for stakers that lock up their HEX for an average length of 5.8 years is ~40%. The system is designed to reward people that do the right thing and HODL. The longer you stake your HEX, the bigger amount of T-Shares you lock up and rewards you get. HEX was the best performing Crypto asset this past year with a staggering 2700X return in USD value before staking.

https://www.youtube.com/watch?v=RLtCxxebE2U

Now is also a great time to get in to HEX. RH is launching a fork of Ethereum with complete system state called Pulsechain. All the ERC20's you hold in your ETH wallet will automatically be copied over to the new chain as Pulsechain versions of those coins, including your staked and liquid HEX.

http://pulsechain.com
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August 06, 2021, 11:20:56 AM
 #48

Huh Huh Huh
Where is APY better. What have you heard about Near and whether it is worth staking this token

I would not only look at what project or coin promises you the highest APY. You should focus more on the use-case of that project, how big the trading volume of that coin is, on which exchange that coin is already listed on, how popular that coins is and also other metrics. An APY of 1000% means nothing if the coin will be worthless in a few weeks after you can unstake them again. So if i had to choose i would rather go for a 10% APY Ethereum staking pool than a 1000% APY staking pool of a totally unknown new project, because it is very likely that this new project will be gone in a few months again and if they offer APY's of 1000% then this will only speed up that process.
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August 06, 2021, 12:44:57 PM
 #49

I think pancakeswap and Apeswap are good and has a high APR. I'm just also new in this kind of passive income strategy. Already tried cake and Apeswap. My few tokens has a daily additional income just by holding. Planning to unstake after 4 months.

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August 06, 2021, 01:18:46 PM
 #50

I don't want to take risks in money matters, I am staking stablecoins on well-known exchanges, even though it's not as big as other coins, at least I avoid rugpull and loss-making properties
I heard that Biswap has a good bet. I want to try it next time if the capital already exists
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August 06, 2021, 01:24:29 PM
 #51

Huh Huh Huh
Where is APY better. What have you heard about Near and whether it is worth staking this token
From my current point of view- the best and best tokens to invest or trade right now are=ETH-BNT-ATA-and PAX, in terms of supply that circulates a little, in terms of the market it's pretty good and in terms of volume it's pretty good, the choice is in your heart and hands.

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August 06, 2021, 01:32:49 PM
 #52

I don't want to take risks in money matters, I am staking stablecoins on well-known exchanges, even though it's not as big as other coins, at least I avoid rugpull and loss-making properties
I heard that Biswap has a good bet. I want to try it next time if the capital already exists
why not choose an exchange that is already running with a lot of trades?
I did it on pancake swap. staking CAKE and you can get other benefits with the tokens earned.
I've done it last 1 month. and I think there is no risk of loss for assets that are staked in the long term.









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August 06, 2021, 01:41:47 PM
 #53

I don't want to take risks in money matters, I am staking stablecoins on well-known exchanges, even though it's not as big as other coins, at least I avoid rugpull and loss-making properties
I heard that Biswap has a good bet. I want to try it next time if the capital already exists
well, you have some points but can't hold other people to take such opportunities unless they know what they are doing and as long as they are aware of the possible consequences they might get. Staking is also a risky thing and it was more when you stake those new coins.
It is best to make a search first and to listen to what the other members are saying. I'd sometimes do staking but I used reputable exchanges and use promising projects even though I could just get a few bucks in returns.
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August 06, 2021, 04:10:45 PM
 #54

Huh Huh Huh

My recommendation is the staking opportunity provided by Seascape Network in partnership with Wault Finance. You can stake some $WEX to earn $pCWS in return on  a 242% APR. I think you should check it out.
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August 06, 2021, 05:19:31 PM
 #55

Huh Huh Huh
Where is APY better. What have you heard about Near and whether it is worth staking this token
have no interest in any APY token/coins because APY is only good for a few times. It's your choice, but I will recommend you to waste 2 more months before investing. Now APY could be a very bad choice to hold some altcoins. Once I wasted so many times in APY, but all types of APY token offers were bad. Because you can buy more tokens if you invest in good tokens.
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August 06, 2021, 11:37:11 PM
 #56

Stack as much Ethereum as you can for now. The staking is about to come for which we can do it even you don't have to join any pool that offers you profit with the little amount that you have. It's dual-purpose when you stack today because the price of Ethereum and its value will increase over time while waiting for that feature to come. The updates that are happening to it are becoming favorable to the holders so that's why it's what you must prepare if you're looking to staking coins as it's one of the best choice IMHO.

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August 07, 2021, 08:02:10 AM
 #57

Huh Huh Huh
Where is APY better. What have you heard about Near and whether it is worth staking this token
There are so many options for you to bet tokens at now. In my opinion, the trend of coins in the market today gives us many choices. This happened because of the influence of the rising prices of Bitcoin and Ethereum. Like Polkadot and other networks like BSC it's worth betting on.

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August 07, 2021, 08:14:50 AM
 #58

Huh Huh Huh
Where is APY better. What have you heard about Near and whether it is worth staking this token

Near is a coin whose movement was good last month, for now near is still stagnant in its original position, there are several posts or sources that I read, that the potential of near will be very good next year, but I'm not so sure about that assumption.

There is no great opportunity for such a coin at the moment, which can provide good bargaining value, with market conditions being unpredictable, market conditions greatly affect the value or prospects of a coin, if the market is unstable then the potential is very small



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Dedewahyu
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August 07, 2021, 11:08:19 AM
 #59

staking on MDX in my opinion is very profitable, besides MDX has a Total Locked Value of 2,532,423,942.51 USDT, with an APY of 1,223.31%, has been audited by Certix, has many partnerships and the coin price is still undervalued, I think it can be considered for the next staking purpose.

Saisher
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August 07, 2021, 11:23:41 AM
 #60

Huh Huh Huh
Where is APY better. What have you heard about Near and whether it is worth staking this token

Have you heard about BFG token, a token of BFG casino, this is for me the best token/coin for staking you can earn Bitcoin, Binance, Etherem USDT, and Tron for staking BFG, and not only that BFG token has a huge potential to go $1 if you are active in the gambling section I'm sure you have read about this token, go check it out.
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