Hello crypto lovers, even if markets are having a difficult week, I keep on trying to find the best assets to stake to make a good passive income.
My last pick has been Raydium.
Raydium is the first defi project built on solana blockchain and ,as the $SOL token, can be staked to get rewards.
How to stake Raydium?
Is possible to stake Ray in a few ways. For sure the most profitable one would be in solana’s defi using a solana compatible wallet.
I decided to try the easiest way that is to stake ray on Ftx exchange.
The yeld is 20% so good enough in my humble opinion to deserve a try out!
Keep in mind
-you can choose the amount to stake
-you won’t be able to use your staked coins until you unstake them
-unstaking need 7 days
-during the 7 “unstaking” days you will not receive rewards
My opinions
I usually prefer to stake coins on private wallet but solana is a new project and afaik there is still not a wallet doing it in this way.(like trust,atomic or exodus)
The 20% yeld is a good reward and is quite easy to get because you only need an ftx account for which you don’t even need a full kyc(few minutes to open a new account).
If you want to try ftx exchange:
Thanks for reading and remember always dyor!
Hodl!
