What % of your portfolio is staked?
Many crypto exchanges, including FTX and Celsius, collapsed last year. Even the Gemini Earn program was exterminated. We learnt the lesson “not your keys not your coins” the painful way. Sales of cold wallets Ledger and Trezor shot through the roof.
If you have been using exchanges like the public restroom and stockpiling crypto in your own wallets, you are surely one of many people who wish to retain control of their assets. However, do you just keep all your coins in your cold wallet and wait for the market to turn prices in your flavour? Are you just relying on price action or are you carving up a part of your portfolio and dedicating it to staking and liquidity pools?
After all, wallets like Ledger and Exodus empower you to stake your coins. DEXes like Lido and Rocketpool allow you to stake ETH. You are spoilt for choice because there is a plethora of options available for staking. To what extent do you stake your portfolio? Or would you rather not take the risk?