My favorite staking projects / Get more passive income

My favorite staking projects / Get more passive income

By Jakonfire | Crypto and more | 6 May 2020


My favorite staking projects / Get more passive income

Staking is becoming more and more popular as a way to get passive income. DeFi is also increasingly becoming the focus of the masses and institutions. While the returns on bank accounts continue to decline, it is no wonder that more and more people are interested in the crypto alternative, which promises significantly higher profits. The interest rates of the banks in Germany are almost zero and currently average 0.01% p. a. While the lowest annual staking reward of the coins listed below is more than 1%. On the other hand, every investor should also observe the tax law principles because in some regions the minimum holding period is extended to 10 years, as is currently the case in the stock market.

My personal favorite:

Callisto Network (CLO)
Price: $ 0.00055
Reward type: Cold Staking (min 27 days)
~ Reward: 8.56% annually
Market Cap: $ 1,378,154

Sorted in descending order by proportion in my portfolio:

Bitpanda Ecosystem Token (BEST)
Price: $ 0.091985
Reward type: Monthly Rewards
~ Reward: 12% annually
Market Cap: € 42,600,000

Huobi Pool Token (HPT)
Price: $ 0.005668
Reward Type: Daily Rewards
~ Reward: Depends on income of Huobipool
Market Cap: $ 28,363,746

Eos (EOS)
Price: $ 2.8
Reward type: Delegated Proof of Stake
~ Reward: 1.8% annually
Market Cap: $ 2,617,994,228

Waves (WAVES)
Price: $ 1.05
Reward type: Leased Proof of Stake
~ Reward: 5.77% annually
Market Cap: $ 104,664,732

Komodo (KMD)
Price: $ 0.52
Reward type: automatic reward distribution
~ Reward: 5.1% annually
Market Cap: $ 2,617,994,228

Tezos (XTZ)
Price: $ 2.71
Reward type: Delegated Proof of Stake
~ Reward: 1.8% annually
Market Cap: $ 62,442,019

Cosmos (ATOM)
Price: $ 2.71
Reward type: Delegated Proof of Stake
~ Reward: 8.9% annually
Market Cap: $ 506,392,943

Other coins where I currently have less stake are e.g. ONT, VET, ALGO, THETA, TRX, QTUM and NULS.

In addition, ETH and ADA will probably come this year, which should bring me and other additional rewards.

 

My exchanges

Bitpanda: https://www.bitpanda.com
Huobi: https://www.huobi.com/en-us/
Binance: https://www.binance.com/de/register

Anyway. Feel free to comment your opinion or of course ask questions.
This is not financial advice. Please do your own research.


Here you can also find out how you can earn 5 € with Bitpanda:

https://www.publish0x.com/crypto-and-more/earn-5-euros-with-bitpanda-academy-xvkdez

Here you will also find my article about the rewards that you can get for hodl BEST:

https://www.publish0x.com/crypto-and-more/bitpanda-introducing-best-rewards-up-to-12-percent-annually-xlpgqm

Huobi Pool Token:

https://www.publish0x.com/crypto-and-more/huobi-pool-token-easily-receive-rewards-in-14-different-cryp-xkmxdm

 

How do you rate this article?


27

2

Jakonfire
Jakonfire

Crypto enthusiast, Hardcore Music, love hot peppers 🔥🔥🔥


Crypto and more
Crypto and more

In this blog I tell you about my personal opinions on crypto and crypto related projects. No financial advice. Do your own research!

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.