Best Proof Of Stake Coins For Easy Passive Income 2020

Best Proof Of Stake Coins For Easy Passive Income 2020

By Nafay | Crypto Earning Methods | 18 Jun 2020


 

Hey Guys today we will be discussing about staking on the Exodus wallet.

What is a Proof of Stake Coin?

A proof of stake (PoS) coin is a crypto asset in which one stores or stakes coins in a particular wallet as its transaction validation mechanism and earns rewards for doing so.

Tezos (XTZ): ~6% Yearly Interest

9c6b50e3ec1953bda4041a8290d06bf529812de23afa326f41866a269f2a5dca.jpeg

One of the most popular PoS coins is Tezos, a blockchain platform parallel to Ethereum. Tezos has one of the biggest ICOs of all time, with investors investing nearly $232m in XTZ tokens.

Tezos pays stakeholders ~6% interest in XTZ a year making it so famous that nearly 80% of all Tezos are staked.

DASH (DASH): ~6.5% Yearly Interest

a323e4776a1ee544f4ac06af2c19a600d5aed71f8b20c52301f663a6ded09362.jpeg

Dash (DASH) is another well-known proof of stake coin that focuses on quick and private transactions. Dash also popularized masternodes and the network pays you in Dash at ~6.5% a year.

Tron (TRX): ~4% Yearly Interest

 

afc9a73acfa77d566036ccabc212e36998a2d3b8d82a2f5771d03a16d8ee926e.jpeg

Tron (TRX) is another popular way to earn passive staking income. Although Tron's founder, Justin Sun, is a controversial figureyet Tron is growing massively with numerous blockchain Dapps and games resulting in a higher staking rate andif you store your Tron in a Tron Wallet that supports BitTorrent Token (BTT) then you might earn free airdrops of BTT.

Cosmos (ATOM): ~8% Yearly Interest

 

a6f15af22c72822cabd060d2bc8e1d13223732f56a59d3b21185b1f878dd4e91.jpeg

Cosmos is one of the most popular staking coins, up there with the likes of Tezos.

Cosmos staking rewards are high at around 8%. But the rewards could become even more valuable with Cosmos’ ecosystem growing by the day. The earlier, the better.

Ontology (ONT): ~3.5% Yearly Interest

 

6463cdb05bf24464ebe1ba0a2edbe0ce3ba3b60ef94da5c3e16b133ed9b52da2.jpeg

Ontology coin (ONT) is the cryptocurrency that powers Ontology.Ontology’s founders are the same team behind NEO (Onchain).

Ontology staking is very easy and if you stake it n an Exodus wallet you start earning Ontology Gas (ONG) which you can use for executing Ontology-based smart contracts.


Feel free to tip me and give a like if you enjoyed the article. 😊

 

How do you rate this article?

6


Nafay
Nafay

I am a crypto enthusiast, filled with numerous ideas about the blockchain industry.


Crypto Earning Methods
Crypto Earning Methods

Beginners tend to first earn crypto through faucets before moving onto purchasing them on a regular basis. Today we will be discussing about the top 3 faucets which I highly recommend and use personally.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.