What is this all about?
This article is....
...for those who are not totally familiar with the DeFi train...
...for Hodlers
...for Crypto-Blue-Chip-Believers
For those who like to stake: please keep on reading.
For those, there may be a solution available, that is worth to check.
At the staking platform called "Midas" you can stake BTC for 16% and ETH for 11% APY.
They claim to be best-in-class.
I cannot confirm, but Nexo and Celsius offer lower rates if the rewards are in original coin (please proof me wrong).
Of course, you can stake other (Alt-) Coins and get higher APY, but these readers has already left I guess.
This is for those who like to stake: please keep on reading.
Why are they doing this - is this a trap?
Midas states that they want to celebrate.
In their discord they revealed, that the addition % is already funded by extra income that they made in the past.
How long will it stay?
If you mean Midas: not sure, but they already celebrated their 3rd birthday.
They also managed to "withstand" several ATH...
How will this high APY stay?
Ah ok, this is clearly .... unclear.
So this will last at least until 27.2.
As they want to attract investors in a sustainable way, there is chance that this campaign "could" be extended.
Ok, I am interested
It is pretty straightforward to join.
Step 1: Join their discord https://discord.gg/QKREwPgxy8 (permanent Link to official discord)
- read around
- check their announcements
- say hello to get a first "feel-into" the customer support
Step 2: Enter their platform https://midas.investments/shares
- navigate to "sign" at the upper right corner
- create an account (no KYC needed)
- you can add 2FA if wanted
- choose first entry "platform" and scroll down
- create an BTC / ETH share-card
- create a deposit address
- deposit
- enjoy daily "dividends"
Summary for joining Midas
Step 1: Join their discord https://discord.gg/QKREwPgxy8
Step 2: Enter their platform https://midas.investments/shares
Disclaimer: This is information, not advice or recommendations
