How To Get 199% Staking Return Per Year?

By Bfab | Good vibes | 30 Sep 2022

EVMOS is an EVM (Ethereum Virtual Machine) compatible blockchain built in Cosmos ecosystem. It is the missing link between Ethereum and Cosmos, which already makes it interesting.

On top of that, it offers among the highest staking rewards of the market: 199% APR (Annual Percentage Return): Evmos stats - Grafana (bronbro.io)

How to proceed?

There are a few steps to follow: 1) Buy ATOM on an exchange; 2) Create a wallet on Kepler; 3) Transfer your ATOM to your Kepler wallet; 4) Connect to Osmosis, deposit ATOM, exchange ATOM for EVMOS, withdraw EVMOS to your Kepler EVMOS address; 5) Stake EVMOS directly on your Kepler wallet.

How is it possible?

EVMOS offers high staking rewards because they have a high inflation rate, currently at 100% per year: EVMOS Parameters (mintscan.io)

The good news is: the current staking reward APR is 99% higher than the current inflation rate, which potentially makes EVMOS bullish in the short term.

How will it evolve?

According to EVMOS docs: "The planned inflation rate is 150% in Y1 up to 500% by Y4". So, you'd better keep an eye on the inflation rate vs. rewards. As long as the rewards will pay more than the inflation rate will take, it will be bullish for EVMOS. But, if that changes, then it might quickly turn bearish.

Conclusion

EVMOS could remain bullish in the short term, but will turn bearish if the inflation rate increases faster than the rewards... It could be similar to OSMO. For any crypto, it makes sense to compare staking rewards vs. inflation rate. For instance, Ethereum (ETH) offers modest rewards, but with low inflation... Some similar comparisons can be made for Binance Coin (BNB), Cosmos (ATOM) or Polkadot (DOT). All the data about inflation rates can be found here:

https://messari.io/screener/inflation-and-issuance-68C7AC10

Disclaimer: this article does not contain any financial advice. The information is provided for general informational and educational purposes only.

Please find below a few more links to earn a few more coins...