Tezos staking: my experience

Tezos staking: my experience

By YoDaChronMan96 | ChronsPlace | 9 Jun 2020


When i first heard of Tezos i was immediately surprised by the staking and the returns. after just a few weeks i have amassed a nice little nest. it takes around 40 days to start getting your first staked rewards but i went through money every 3 days and i got my first payout 20 days in which was very nice. They have a solid interest rate of 6.045% if you use a really great bank you'll be happy to get 2% returns yearly on your idle funds. This offers a massive incentive for people to buy and hold their coin, and when you set your funds up for staking they are not locked up or sent to another address. Your coins are always at your control so you dont have to worry about a Baking service taking your funds and running or them getting hacked and your funds lost that way. Transactions are lighting fast and they are always in your account before you go to check, amazingly low transaction fees, i have paid more in exchange fees on one purchase of Tezos than i have with all of my transaction cost for sending those coins to my wallet. I will update you guys in a few more days, i will have pictures of my rewards from baking bad (a service you use to monitor baking services and your rewards and account info) i just wanted to get my first post out their since they verified me today. Thank you so much for reading and be safe out there in these difficult times.

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