Staking a way to earn passive income...!

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So hello everyone how are you all hope so everyone is well and good so friends today i will be sharing some benifits of Staking as it can really feth you some decent income fore sure.
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Benifits of staking:

As the word staking means to stake or lock in your funds for some extra benifits is called staking. In crypto world we get rewards for staking our crypto currency.

For example: if we stake Sps so we get somewhere around 60% apy which is really very decent amount the list of staking crypto is endless but we need to focus on projects which will help us grow our funds and not deplete them.

In past there have been many crypto currency where i have lost huge amount of money just because of the high APR which they were promising but eventually the price of the token ended up falling a lot leading to a loss.

Some best staking projects:

  • Pancake Swap(cake)
  • Sps(Splinterlands)
  • Kava
  • Osmosis
  • Juno

These all are good crypto projects which provide us some decent amount of staking apr and there project is also good for long term holding.

There are many other coins as well which you might be holding and they might be having some staking rewards for example, sol, matic,eth and many more also have staking apr which is very low but even a 10% apr is great when it is coming in for free so just check in your wallet today you will definitely find some crypto laying in your wallet which will help you earn some extra money on your coins.

List of Tokens i have staked:

  • Matic
  • Hive
  • Steem
  • Sps
  • Cake
  • Kava
  • Osmosis

So i have a decent holding in these crypto which gives me some decent passive income for spending in my day to day life.

So guys what are your top picks for staking crypto and do you think it is worth staking crypto for those extra rewards. Do let me know in the comments section.

Thanks friends have a great day ahead.

Posted Using LeoFinance Beta

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So i have a decent holding in these crypto which gives me some decent passive income for spending in my day to day life.

Those tokens are really good project I think the best idea is to look for a good project with user case and Stalk. Thank you for sharing

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Do you know stemmit just sent 12 m steem to binance to dump so be careful about your investment in steem

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