Neeranam Posted June 19, 2023 Share Posted June 19, 2023 I stake only 2 coins - Polkadot(DOT) and Multiversx(EGLD). I prefer DOT as EGLD gives only MEX, which has been inflationary. I have staked DOT on Kraken, a US bank, for nearly 3 years but more recently directly on the Polkadot network, missing out the middle man and getting 15.8%. What do you stake? https://polkadot.network/features/staking/?utm_source=gads&utm_medium=sitelinks 2 Link to comment Share on other sites More sharing options...
Pink Mist Posted June 19, 2023 Share Posted June 19, 2023 Reported posts and replies removed 1 1 Link to comment Share on other sites More sharing options...
Lemsta69 Posted June 21, 2023 Share Posted June 21, 2023 On 6/19/2023 at 11:12 AM, Neeranam said: EGLD gives only MEX Not so, you can stake eGLD and get eGLD in return. MEX and XMEX and all those other tokens are a sideshow. Unbonding period is 10 days. Staking info & APRs here: https://explorer.multiversx.com/providers Link to comment Share on other sites More sharing options...
Neeranam Posted June 21, 2023 Author Share Posted June 21, 2023 25 minutes ago, Lemsta69 said: Not so, you can stake eGLD and get eGLD in return. MEX and XMEX and all those other tokens are a sideshow. Unbonding period is 10 days. Staking info & APRs here: https://explorer.multiversx.com/providers Indeed, I unstaked all my EGLD to farm mex. Link to comment Share on other sites More sharing options...
Lemsta69 Posted June 21, 2023 Share Posted June 21, 2023 4 minutes ago, Neeranam said: Indeed, I unstaked all my EGLD to farm mex. Oh, I guess I misunderstood your OP. Thought you were looking to buy eGLD for staking returns. I have a few eGLD but not sure how the project will fare in the coming years given the recent tinkering they did to MEX. Link to comment Share on other sites More sharing options...
Neeranam Posted June 22, 2023 Author Share Posted June 22, 2023 9 hours ago, Lemsta69 said: Oh, I guess I misunderstood your OP. Thought you were looking to buy eGLD for staking returns. I have a few eGLD but not sure how the project will fare in the coming years given the recent tinkering they did to MEX. MEX has been inflationary for some time now but the bottom is in and the change to deflationary. I got EGLD fairly early, at $20 and staked. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now