Most staking platforms that do have stablecoins on their assets are likely giving 10% APY. For you have that various choice, check the assets of
mycointainer and you'll see the APY of the assets that they support.
Many are not that much but it's better than to be gullible of those high APYs but too good to be true. Read their terms and be guided.
Based up on experience 10% APY is standard for most staking platforms but still not enough for me to trust up but if i do see that you could withdraw anytime without having that much big charge or reduction then
i might consider such option but if not then i would simply skip.If you do have money to spare then it isnt really bad to take or touch up staking but of course you should mind off about the certain risk.
Not all projects do end up on good fate but rather declining and even dying when the time comes thats why you should be careful on choosing which one.
Well, if you think that 10% isn't enough then find other platforms that will give you more than that. The banks are even giving 1%-3% and that's likely the highest. Although some digital banks are also in existence today and can give as high as 7%.
Yes, flexible savings is what we want so that we can pull out our money so quick and that's why you have to choose a platform like
mycointainer that don't require assets to be locked as you stake.
So anytime you would able to pull those assets you have staked? If thats the case then it would be on lesser risk compared into those who do have 1 year locked before you could able to get those amounts you
had invested.Its true that those percentages are really on point on what banks do give out and since we do have platforms offering staking which give as much as 30%+ then this is where people do become
too much interested on it thats why they do make out some consideration on touching up this area but of course we should be mindful about the risk lies ahead which is more than
on what we do saw into those banks that we've been get used to.
