AFAIK, Kava is one of the highest APY out there. But if it's going to be the choice, I've done it with BNB and even if I'm not that stacked with it, I'm happily earning as I stake it.
Yeah, there are risks with staking all of them in any platforms that you don't have the keys and that's why choose the wallet or platform where you're holding the keys of your wallet.
Topic: Which coin is suitable and reliable for staking? - page 2. (Read 190 times)
On that list I think BNB is probably your best bet, and I believe there’s a strong chance BNB hits $0 in a massive implosion a la FTT at some point in time. You could maybe make the argument that Solana might not be a bad choice either but they’re all bad to be honest. Your best bet is to stack sats and stop thinking there’s a free ride to endless income.
Usually and most of the time the higher the APY the higher risk it is, usually due to the volatility of its price (not really that sure) but if I am going to stake on the list that you have I would probably go along with SOL and BNB and DOT as those are some of the projects that you would know would be there and still doing a good progress or performance after a year or so, but if you really like reliable coin for staking I would go stake with the ETH v.2
Let us take Solana and Osmosis for exampleSolana: 6.5% APY
Osmosis: 22% APY
Solana falled from $260 in October 2021 to $8 in December 2022
Osmosis falled from falled from $12.5 to $0.6 in just December 2022.
But if we check the volatility, they are both very risky. You may be correct, but not applicable to all coins. If I see a coin with more than 30% APY, probably your statement is true about those ones.
See Zilliqa too with with 15% APY, it is still one of the good coins too.
Usually and most of the time the higher the APY the higher risk it is, usually due to the volatility of its price (not really that sure) but if I am going to stake on the list that you have I would probably go along with SOL and BNB and DOT as those are some of the projects that you would know would be there and still doing a good progress or performance after a year or so, but if you really like reliable coin for staking I would go stake with the ETH v.2
When is the next significant bull run?
The potential of the Osmosis is more or Kava or Polkadot?
Nobody knows when next would be a significant bull run, but if you use bitcoin halving for it, it would be 2024/2025. But we only use past events to be predicting what could probably happen in the future.The potential of the Osmosis is more or Kava or Polkadot?
I do not know about Kava, but Polkadot is a great coin, osmosis may not be like Polkadot because Polkadot is stronger, but that does not mean that osmosis is not a good project too.
I do not know about EVMOS than the coin did not pump during this last bull run. Osmosis pumped from around $0.6 to $1.25.
Evmos was bigger on apy compared to osmo, but you are right, they didnt ride the pumping during the last wave of bullish. I am doing staking of evmos and I could say that they are still in good shape and lots of upcoming progress and development update from the team. Ive got my tokens from airdrop so I am just staking it freely on their platform through metamask. I believe they are still a low cap gem that need to watch out in the future. They only need more exposure and additional dapps to have gain more activities on their network. Osmosis is a good project, the staking is around 20 to 22% APY. Osmosis is a decentralized exchange for Cosmos (Atom) and I believe the coin will at least go 10x in the next significant bull run, that is my guess.
I do not know about EVMOS than the coin did not pump during this last bull run. Osmosis pumped from around $0.6 to $1.25.
Hello,I do not know about EVMOS than the coin did not pump during this last bull run. Osmosis pumped from around $0.6 to $1.25.
Thank your for your reply.
When is the next significant bull run?
The potential of the Osmosis is more or Kava or Polkadot?
Osmosis is a good project, the staking is around 20 to 22% APY. Osmosis is a decentralized exchange for Cosmos (Atom) and I believe the coin will at least go 10x in the next significant bull run, that is my guess.
I do not know about EVMOS than the coin did not pump during this last bull run. Osmosis pumped from around $0.6 to $1.25.
I do not know about EVMOS than the coin did not pump during this last bull run. Osmosis pumped from around $0.6 to $1.25.
Hello,
The Trust Wallet supporting following coins for staking:
The NativeEvmos (EVMOS) staking reward is 97.09% and the Osmosis (OSMO) reward is 23.08%. Are these coins reliable?
Thank you.
The Trust Wallet supporting following coins for staking:
- Polkadot (DOT)
- Solana (SOL)
- NativeEvmos (EVMOS)
- Osmosis (OSMO)
- Kava (KAVA)
- Cosmos (ATOM)
- Teraa Classic (LUNC)
- Tezos (XTZ)
- TRON (TRX)
- BNB (BNB)
- Cardano (ADA)
The NativeEvmos (EVMOS) staking reward is 97.09% and the Osmosis (OSMO) reward is 23.08%. Are these coins reliable?
Thank you.
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