Noel

@Noel

1Yr·

Do you do crypto staking or something similar? What is your opinion for/against it?

I am currently staking $CRO (+5.11%) with 6.93% p.a.

$CRO (+5.11%) Earn 12 months term with 20% p.a.

$$INJ (+3.03%) staking with 18.07% p.a.

7 Comments

MoneyIncinerator@DoppelSchlechtMinus

1Yr

I just can't motivate myself to deal with the tax situation... and the opportunities with really high returns are also quite risky. That's why I haven't done it yet.

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Pope Donkey XXI@DonkeyInvestor

1Yr

There is nothing to be said against real staking in the respective network, except that it may result in different taxation. "Staking" via a platform is something else

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SGP@Koenigmidas

1Yr

In contrast, the thousands of transactions that arise during the daily distributions, each of which must be listed separately with regard to the holding period...

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FroschFabian@FroschFabian

1Yr

For me it's rather nothing the only thing I stake is $SWEAT but also not much only what I get for free so only a few euros

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Granit@FinanzenAusGranit

1Yr

I am a total advocate of this! I achieve more through staking than through dividends. I now receive rewards every day and have a return of around 7% p.a. from staking alone (inflows only).

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Noel@Noel

1Yr

@GranitEm Which cryptocurrencies do you use for staking?

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Granit@FinanzenAusGranit

1Yr

@Noel Ethereum, Polkadot, Cosmos, Cardano, Solana, Tezos and Polygon...soon Avalanche

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