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
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
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
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
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
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.
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