You lending out a coin to an exchange and them on-lending it is not staking.
That's just lending, and with it comes significant counterparty risks.
When you stake coins, what you are doing is securing the blockchain that you're operating on and this should be able to done on the blockchain itself. There's a difference between staking, yield farming, and lending.
I do think that blockchains are tending towards PoS more and more, but it's not necessarily going to continue this way.
Topic: Is staking the way forward? - page 2. (Read 159 times)
Staking can simply be said as a way of delegating your coins to earn reward. Lets just say you lend your coins out to exchanges and earn on them..
Although this works with Coins operating with the proof of stake system.
I’ve seen some coin exchanges that offers more than 100% APY (mostly new coins) although everyone is advised to do their personal research because some T&C are applicable..
But holding a coin that you don’t have plans to sell for a long time and earning percentage on them doesn’t seem like a bad idea to me.
Although this works with Coins operating with the proof of stake system.
I’ve seen some coin exchanges that offers more than 100% APY (mostly new coins) although everyone is advised to do their personal research because some T&C are applicable..
But holding a coin that you don’t have plans to sell for a long time and earning percentage on them doesn’t seem like a bad idea to me.
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