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8 Cryptos with the Highest Staking APY
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[QUOTE="Suba, post: 336080, member: 3658"] This thread is aimed at anyone who wants to make passive income from cryptocurrency without having to work hard or monitor the crypto market every day, staking is a long-term investment way to get the same crypto rewards while waiting for the price to skyrocket. Carrying out staking activities means that the staker or crypto owner takes part in increasing the security and efficiency of the blockchain by locking or freezing the crypto that you own for a certain period of time. However, in choosing the type of crypto for staking, we should not just focus on the highest APY, but we must also pay attention to the future prospects of the crypto itself and buy crypto when prices fall. Here are some cryptos with the highest staking Annual Percentage Yield (APY): 1. Cosmos (APY 22%) Currently Cosmos (ATOM) Price is $10.12, ATH of $44 was reached in Sept 2021 and ranked #22 on Coinmarketcap. Users can stake Cosmos on the Keplr Wallet or on other crypto wallets that support staking or also on crypto exchanges. 2. Filecoin (APY 22%) Filecoin (FIL) is ranked #36 on Coinmarketcap, Currently Filecoin (FIL) price is $5.60, ATH of $237 was reached in April 2021, 3. Polkadot (APY 15%) Currently Polkadot (DOT) is ranked #13 on Coinmarketcap, price $7.50, ATH $55.00 reached in Nov 2021. 4. Zilliqa (APY 15%) Zilliqa (ZIL) occupies position #144, currently Zilliga price is $0.0213, ATH $0.256 was reached in May 2021. 5. TEZOS (APY 7%) Tezos (XTZ) is ranked #69, current price of XTZ is $1.06. ATH of $9.18 was reached in Oct 2021. 6. SOLANA (APY 7%) Already more than 500 projects are using the Solana blockchain be it DeFi, NFT etc. Scalability is also capable of processing 50 thousand TPS. The Solana blockchain implements a combination of PoS and PoH. Solana has the alsi token SOL which is currently ranked #4. price $116.90. ATH of $260 reached in Nov 2021. 7. ETHEREUM (APY 5%) Ethereum is the largest blockchain and is continuously undergoing updates such as the Dencun upgrade which will be carried out in March 2024. Currently the price of Ether is $2,775, ATH $4,891 which was reached in Nov 2021. 8. CARDANO (APY5%) Cardano (ADA) is ranked #9 and many wallets provide features for ADA staking, ADA price is $0.576. ATH of $3.10 reached in Sept 2021. [/QUOTE]
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