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:
Huobi Pool Token:
