Topic: The Top 5 Staking Tokens (Read 367 times)

People need to understand the risks which comes with staking, crypto market is so volatile that we can see more than 60-70% downward price movement in just 1 month. So better to trade rather than staking.

ATOM many time impressed me' really this project very powerful development even i am too late invest in atom. You can see atom already boom and i miss invest in this year 2019. I check today atom volume ahya really unbelievable with strong marketcap.

5-20% gross quantitative profit annually on small coins. That's not much considering that net profit is much smaller. Just take a look at this chart (ICON)


link

20% gross quantitative profit on ICON is equal to ~ 10 % net quantitative profit when you count inflation that is made by mining.

Take a look what i've found. Different type of "stackedable" coin. Its BNB. Up to 60% gross quantitative profit annually on top 8 CMC coin. Even more because BNB is deflationary coin (due to quarterly BNB burn). You can read more here: https://bitcointalksearch.org/topic/m.53361035

And here comes the best part. You can stack it without currency risk. Just buy 50 BNB on one binance account, leave it there and short-sell 50 BNB on margin trading platform on other binance account.

You can choose Algorand with a price of $0.26 and an annual gain of 12-14%. The minimum deposit is 2 ALGO, which is almost $0.52. With an investment of $200 this is almost around $28. IMO if you do not want to take risk with more money, do not try it. Try trading instead.


Also, consider the risks. The amount you deposit is frozen for a year and there is a possibility that the price of altcoin may fall during this time period.

I've never done this before but I'm interested on staking with altcoins now. I do trade on altcoins and fairly gets enough with it, and honestly losses from it is very much low compared when trading with mainstream coins. I got to decide which coin I would prefer the staking but more likely with Komodo it is a bit interesting than the ICX though. But I'll just get the minimum requirements, if I get satisfied with it then why not try maximum?  Sometimes you gotta see the vacant lot behind the building.

I'd be more interested to see cheap coins for staking though. Probably less than $0.10 of a price will be more suitable since I don't have much budget for it. People are less trusting to altcoins and I'm just one of them. $200 is probably just the max I would spend to stake tokens for a passive income generator altcoin. OP should have mention the minimum requirements for each coin. ICON (ICX) is the closest cheap coin so far.

many people have been waiting for this update. and many hopes from investors will see an increase in demand come before the update begins. we can only hope and hope it happens. ethereum is a good asset, and I think the updates that have been prepared next year will be a big trigger for market movements.

I like to take chances with lesser-known coins and stock up on them through promotions airdrop or another form of distribution including mining for them. Get them nice and cheap. The input is very little and sure it can fail but that is why you get in quickly and spend a little time mining them or renting miners or even buying them as soon as they hit the exchange. I don't go splashing out tons and tons of bitcoin. I spend a couple of 10s of $$ on the coin and then just stake it. Normally I have one of the biggest size bags and start off well that way. If the coin fails I lose like what $20? A bit more? But the potential can be $100s or even $1000s it just depends what the point of the coin is. If it has value then you can mostly count on it being stable and profitable.

I guess the top spot will be taken by Ethereum as it will turn to POS soon. Its still on the bearish side of the market and hopefully we will see some new buyers because of the staking concept brought in.

Is it really safe to store coins and stake on centralised exchanges?
There are some good wallets that lets you store, stake and exchange coins in a decentralised manner rather than risking your coins in centralised exchanges. Crypto wallets like atomicwallet.io, trust wallet and few others lets you store and stake your coin while having control of your private keys.

I'm not totally sure I understand what you mean. However, this list is very subjective. What are your top staking coins?

Definitely. The Proof-of-Stake algorithm itself is also fascinating. Staking is really just an excellent way to earn passive income, both for institutional and retail investors.

Yep! I did cover the top ones! Starting off earning small amounts of passive income from staking is still not a bad thing. Totally understand where you're coming from though.

Hey! Thanks for your feedback! I'll definitely look into them - sounds interesting.

There likely isn't one exchange, but you can look into marketplaces like Vertex and see if they have.

Absolutely. Staking can be an excellent source of passive income. You just have to choose the right coin for you. Doing research is absolutely crucial. It'll also be interesting to see what happens when Etheruem 2.0 is launched, you're right.

It is a pretty sweet deal, right? Will be interesting to see how those with a smaller budget do staking these coins, definitely agree with that.

Well absolutely - lists like this are entirely subjective. Would be interested to hear what your top staking coins are!

Well, if centralization appeals to you that's precisely what you should do. Staking is an alternative, and can provide great passive income to those invested in the cryptoasset revolution.

Dash is not a proof of stake token, it's proof of work with Masternodes. Thanks for your input though.

Thanks for your input! Naturally lists like these are subjective, but your opinion is totally valid.

Good news But you judge it based on what, many tokens too that make a system of such a stake.
So you don't have to make a rating and just share the article, I say this so that no one understands or asks where the ranking comes from.

Staking is very interesting feature in cryptocurrency sphere, we can see it on Tezos and its staking on Coinbase. Especially institutional investors are finding these opportunities to get some interest. But, we shouldn't forget about the real use case, if the coin become useless then you will loose everything and that is the main problem why institutional investors are joining this system so slowly.

Oh my, thanks for that clarification GucciBoy!

You should refer yourself to the quote of GucciBoy, he has explained the difference of PoS and PoW masternodes and Dash belongs to the PoW masternodes and that's why we share sentiment about it being the number 1 if we'll search it on https://masternodes.online/

I though Dash coin will be among the top 5 staking coins but i am surprised that it does not met up with the top 10 list here https://gocryptowise.com/10-best-staking-coins-of-2019.

Dash coin could be exempted because the price is too high and it shall cost a lot of money to set it up ( My personal opinion ) most of the listed coin have a very low return per year but cheaper to buy and implement.

You covered the top ones, I could mention atleast 10 more staking Cryptocurrencies that I know but I cannot guarantee that they wouldn't turn out to be shitcoins in the end, earning from staking requires a large amount of funds and usually when your token comes out, the value is far lower than it was when it got in so I usually don't see this as a viable investment method for me even with the huge returns it gives when compared to what you would get from a the traditional banking system.

I believe OP should have included Minter Network  because their staking program is excellent as I've already received more than 9 percent interest on my staked BIP tokens within just a period of 23 days and counting!

Staking rewards are accumulated by the minute and it could be exciting to see your assets grow everyday as I find it a great way to earn passive income.

Most probably. Ethereum is going to become the most powerful POS coin in the coming months. We will wait for it and perhaps start stocking up ETH already in our wallets while the price of ETH is still affordable. Tezos (XTZ), ICON (ICX), and Komodo (KMD) are my choices of other POS coins in the list. I can see coins following the staking path in the coming years. POS is the most convenient option of coins in the future. Expensive rigs and electricity are the main reasons why.

I'm a little more concerned with stake coins than I have been on the IEO lately. With this thread, I want to find out more info about good coins in return. And I pay attention to Tezos and Decred for now. Thank you for the info, OP.

Wow, nice web. I can see all the details there, just like CMC. Let me learn first.

My top proof of stake cryptocurrencies includes PivX, Qtum and most recently Energi coin with a whooping annual reward of over 25 percent compared to the meagre rewards of 5percent or lower obtained from the popular coins

PIVX is a masternode coin and it can be considered as a fork coin of dash coin consider PIVX was using the same mechanism that already used on dash coin.


it caused by OP listed the coins based on the score that has already published in https://www.stakingrewards.com/assets
You can visit it directly and see what kind of coins are listed at the top of staking coin. Again, everyone must know the differences between staking and masternode.

I think that it’s very promising to store coins that are profitable by staking on Binance. These coins are initially reliable because they are traded on a very large exchange. For example One / Erd etc.

I am also going to wait for that Cardano to turn POS. Its not very valuable for now but its always been on top of the market which is why its does have potentials which most investors are actually watching it. Staking NEO wouldn't mean you earn NEO, its the GAS that they are distributing. Not that is bad but its best if its NEO that we earn.

You're probably right about that whenever it manages to go proof of stake.  I'm looking forward to it.

And Neo?  Pivx?  Navcoin?  Those are all excellent pos coins, especially Neo. 

Glad you clarified that for everyone, because owning a masternode is *not* the same thing as staking, though both are methods of earning income through crypto.  I've had an interest in that for quite a while and have fooled around with various pos coins over the past couple of years.  You really have to own a lot of coins in order to make a decent profit, and though I really like the concept of passive income I never had enough investment capital to sink into a coin in order to make it worthwhile.

Staking these coins is actually a good source of passive income. The percentage return per annum is in addition to the potential appreciation in value that will occur overtime. I look forward to Ethereum successfully implementing staking(PoS).

I have written an article about KMD when it was starting but I never knew we can actually stake it and it only require us to own 10KMD so we can stake, that's a sweet deal.  Its not going to be profitable for me if I only start with 10KMD though.  ICX would be a much profitable while the price of the coin isn't that pricey. These two are the perfect for those with less budget for investing into staking coins if you are not considering 32 ETH for passive income thru staking.

My top staking coins are NEO, ICON, Vechain and in the future I believe that also Cardano and Ethereum become good staking coins.

But it is hard to choose which aspect is better: higher interest + higher inflation rate or or low interest and low inflation.

well, soon we will see ETH will be top 1 on staking coins.
btw about staking , nowadays exchange also have staking program with varian coins/token which can be staked.
and also , why u not put NEO inside ? did NEO has no more profit for staking ?

i do not think you can say that they are the top 5 staking coins
it may be for you but you cannot say that for the rest of us
there are so many coins with pos concensus and everyone might have their pick on what they like
for instance i have good amount of holdings of xlr pivx ada and sem and i stake all of them

Sounds great in the theory, but why would you just not go and create a bank account and get the same 10 percent rewards for a year. Staking has a great idea, but profitability does not even compete with centralised bank accounts.

DASH is not a Proof Of Stake coin buddy. It's a Proof Of Work with masternodes.

I'm a BIG fan of Blocknet, which currently yields 14% annually on staking, and slightly more if you run a service node.
There's a lot of decent projects mentioned here, but I hardly ever see Blocknet mentioned, which is insane considering what they want to do with their Xrouter, Xbridge, and Xcloud solutions.

The entry point to get a service node is pretty affordable now, so I'm planning to buy one very soon to cash in on the DEX hype in 2020

I just recently began to study staking tokens and so far I know very little about it. Why did you choose these tokens for your list? Anyway, thanks for the info.

AFAIK, Dash is the best when it comes to staking. The investment needed is totally big but it much worth it than the others. I don't have the capacity to avail one but that's what I see because it has been suggested everywhere.
It's kind of surprising to see that it's not on the top 5 of your article.

And the ranking is based on what? how about IOTX, VSYS, NAV, ARK? All of those are great projects based on proof of stake.

If you’re familiar with cryptocurrencies, you’ve probably heard of staking. Staking is the act of holding your funds in a cryptocurrency wallet, to support the operations of a blockchain. So, you’re locking your crypto up to gain rewards, and help the network. In many scenarios, the process is reliant on crypto users using a personal crypto wallet to participate in the blockchain. Staking is an easy way to support your network of choice, and earn some passive income from your crypto. We’ll be taking a look at the top 5 staking tokens, and why you should consider staking. 

Top 5
Let’s take a look at the top 5 staking tokens.

5. Komodo (KMD)
Komodo is a one step blockchain solution. Consensus on the Komodo network is achieved via an Adaptive Proof of Work algorithm. Investors can participate via Automatic Reward Distribution, where they’ll earn 5.1% of their staked tokens per annum. The required minimum to stake is 10 KMD.

4. ICON (ICX)
ICON is a decentralized eco-system that allows different blockchains to interact with each other. Consensus is achieved via Loop Fault Tolerance, so investors can participate in the network either by creating blocks or by voting.

Staking ICX will give you an annual reward of 19.62% of your staked tokens, with a minimum of one ICX staked. Running a Sub P-REP Node will give you 16.35% per annum, and running a Main P-REP Node will reward you with 20.60% per annum.

3. Tezos (XTZ)
Tezos is an open-source platform for assets and applications, that is backed by a huge community of validators, researchers and builders. Tezos is a self-amending cryptographic ledger, that works on a liquid proof-of-stake consensus algorithm. At the moment, there are two ways investors can earn passive income from Tezos, either by Baking or Delegating.

For Baking, you’ll earn an annual reward of 7.11%, with an adjacent reward of +2.07%. For Delegating you can earn 6.40% per annum, with an adjacent reward of +1.35%.

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

2. Cosmos (ATOM)
Cosmos was launched in March 2019, and it’s already in the second position out of the top staking blockchains. Cosmos portrays itself as “the internet of blockchains”, and encourages blockchain interoperability. Cosmos is a network of connected blockchain ecosystems, that functions on the Tendermint consensus algorithm. Investors can participate in the network via staking, with 2 options to earn passive income.

Running a validator node will earn you 9.53% of your staked tokens in annual reward, with an additional +2.62% in adjacent rewards. The second option is to delegate cosmos, which will give you 8.76% annually, and +1.85% in adjacent rewards.

https://twitter.com/TrustWalletApp/status/1172929260958441478

Decred (DCR)
Since 2016, Decred has been operating as an autonomous digital currency. Built on open-source technology, Decred blockchain consensus is achieved via a hybrid algorithm of proof-of-stake and proof-of-work. Investors can participate in the network by Voting or Delegating.

Voting will earn you 9.29% per annum, with an adjacent reward of +4.40%. Delegating will reward you with 9.19% per annum, and an adjacent reward of +4.30%.

https://www.youtube.com/watch?v=SfB20ubG4fs

Why you should stake
Now that we’ve taken a look at the top 5 staking tokens, it’s pretty clear that you can earn a decent passive income via this method. However, sometimes we can forget that there are other benefits to staking. For example, contributing to a network that you endorse can be a great way to help it grow. Or staking your VTEX tokens to receive hefty reductions in your transaction fees when trading on Vertex.Market can be another great incentive. There really are loads of reasons why staking can be beneficial to you, and to the network.

https://medium.com/@official_83664/the-top-5-staking-tokens-b6abf71b9839