KuCoin has launched its new Soft Staking Program, where some users will receive daily distributions for holding Cosmos (ATOM) , EOS (EOS) , Tron (TRX) and Internet of Services (IOST)
Soft Staking begins on July 4 and daily payments will be made in proportion to the total amount of each cryptocurrency that investors hold in their accounts.
Source: https://sludgefeed.com/kucoin-adds-soft-staking-for-eos-trx-atom-iost/
That is good news for those who would like to stake their investment, but I am not that type that is much interested in staking, because I see it has a way of tying down money unnecessarily. The fund required to join these stake programs is not that of a small money because they all require a minimum quantity for anyone to stake, and that runs into thousands of dollars and not hundreds. Soft Staking begins on July 4 and daily payments will be made in proportion to the total amount of each cryptocurrency that investors hold in their accounts.
Source: https://sludgefeed.com/kucoin-adds-soft-staking-for-eos-trx-atom-iost/
If I have thousands of dollars to stake, I would rather trade with it where I can get much more than what they can ever give me as interest for staking, or I just simply hold my coin for a long term. Staking would not have been bad, if it was not limited to certain amount of money that is quite too huge, so if you choose to participate in all these projects listed, you would have tied down do much money.
