Hi everyone, I'm back to end the tracking of staking DOT for 30 days in Binance part 2. In my first post I explain how and why I started to stake my Polkadot in binance in the other hand in this post I will just cover the results of the scond month of me staking DOT.
If you havent read the first post I encourgage you to do it: FIRST POST
Without further day let's see the results and compare them with the ones I got from my first 30 days staking DOT in Binance.
First of all we can see that for staking 17.19223878 DOT every day during 30 days I was earning a total of 0,00602433 DOT per day that at the moment I'm writting this post are 0,20464649009999997≅ 0.2$ each day as passive income without having to do nothing. So at the end of 30 days I accumulated 0.1807299 DOT that are 6.16469689 ≅ 6.16 $ literally for doing nothing.
We must take into account that the marked corrected prices recently, for example DOT ten days earlier was priced 47.35 $ for each DOT. We all know crypto is a very volatile market.
To conclude, I staked my DOT for 30 more days in BINANCE at a 12.79% APY again and the estimated daily distribution amount is 0.00608766 DOT.
So that has been all for today's post, a very quick recap of my DOT investment. As always thanks you all for reading and hope to see you again in 30 days with the third pard of me staking DOT.