By 2021, Crypto Staking will double their earnings! Are you ready?

By Rikolo | BlocksPower | 15 May 2021


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Being passionate about the world of cryptocurrencies, I like to always be informed and read as many articles as possible on these topics.

One piece of news that struck me a lot is that according to Staked.us staking of cryptos is expected to double, and reach $ 18.9 billion in rewards by the end of 2021, an increase of + 89%.

While restricted crypto assets should reach 450 billion in capitalization, with an increase of + 151%. The estimated average yield (weighted) is + 9%.

According to these data, it would seem that participating in the staking of your assets is better than owning them to sell them at a future date.

Staking undoubtedly earns interest that no bank is able to offer, especially in this time of negative interest rates.

It is clear that behind crypto staking there are risks related to the validity of the project, the vulnerabilities of the software and the volatility of the crypto asset being staking, so you must always be very cautious and invest only the capital you are willing to lose.

It is undeniable, however, that staking is maturing and increasingly assuming a position of authority in the cryptocurrency sector, in the coming years, it could offer what banks are no longer able to give: important interests on the sums deposited.

Perhaps a system that could be integrated into traditional banking systems if they want to keep up with the rapidly changing times.

We will see what happens in the world of staking, surely it will be better to keep an eye on this data and stay up to date on new safe projects and new advantageous offers.

I hope I was helpful with my post, thanks for stopping by.

 



 

I am also present in other decentralized platforms.

 



 

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Rikolo
Rikolo

Enthusiastic about cryptocurrencies'world and blockchain. Passionate about candles and charts, but also about fundamental analysis. We must always learn from our mistakes.


BlocksPower
BlocksPower

Blockchain is among us! This blog talks the infinite ways of using this recent and ever-changing Technology and how it will be able to transform and improve every aspect of the World around us.

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