After taking a look at 5 potential play-to-win platforms from Thoa Tran, a close follower of Metaverse projects, let’s examine the stake coins with the highest annual return rates. In this article, we list the staking returns of huge volume altcoins like Terra and Solana from analyst Tanvir Zafar’s list.
Here are the stake coins to watch closely in 2022
An open source stablecoin network Terra (LUNA), with a combined value of $20.05 billion in 13 product offerings, according to industry data. Reached ATH level. On December 1, Terra’s TVL was $11.9 billion, marking a 68% increase in less than a month. This means that its users have invested large sums in the protocol to receive staking rewards. Also, the annual staking reward is about 12.10%, so according to the analyst, Terra may be the first choice for those looking for stake coins.
is the youngest JEDSTAR project among the stake coins on the list. Here, concepts such as copyright for NFT artists; mining through a mobile app to generate income for low k populations; A series of security services such as anti ‘pump and dump’ mechanisms are offered. The annual return of the project is 120,000% with a 20-day lock-in period.
PancakeSwap is a popular staking platform that allows users to stake CAKE. Other types of tokens can be earned by staking CAKE. Compared to platforms like Ethereum, the transaction fees with BSC are quite low. The annual return calculated for CAKE varies between 31-42%.
SHIB is designed to be Dogecoin’s biggest competitor. Decentralized exchange ShibaSwap provides staking and farming pools for SHIB. Rewards are distributed with BONE tokens. On the ShibaSwap exchange, SHIB holders can re-stake their rewards and access a variety of instruments such as NFT or liquidity mining.
Solana is an efficient Blockchain designed with scalability in mind. This scalability is ensured by Solana’s low fees and fast transactions. Most transactions on the network are completed within a few seconds. The annual rate of return in Solana varies between 7-11%.