Best Crypto to Stake

[Neeranam]

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

[Pink Mist]

Reported posts and replies removed

[Lemsta69]

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

[Neeranam]

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. 

[Lemsta69]

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. 

[Neeranam]

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.