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fluorescent's avatar

Great breakdown of staking and also like the comparison between other products which offer ‘yields’ I’m always skeptical about staking and if a rate is very high, my assumption is that it’s too good to be true and just avoid it.

Real-yield is the way to go for transparent and sustainable yield. I’m excited to see how Chainlink manage their staking rewards in the future. As far as I understand it it’ll leverage the tokens of other protocols that utilise Chainlink which are required to commit a certain % of their allocation, so yield from this can be spread to the network participants ($LINK stakers).

Thanks for another great article!

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P&M's avatar

Thanks so much for the comment! Just subscribed to your newsletter as well.

I have followed Chainlink for years personally and think their staking initiative around the BUILD program and other initiatives will perform well. Happy to discuss anytime :)

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fluorescent's avatar

Amazing! Massively appreciate the support! :)

And yeah I agree, I'm excited to see how the BUILD program evolves!

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Grow Crypto's avatar

Always good to learn and relearn about staking. It’s a forever changing landscape that can be incredibly useful but also very dangerous :)

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P&M's avatar

No doubt - definitely something to be aware and informed of though! Appreciate your comment and support, looking forward to checking out your newsletter as well.

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Grow Crypto's avatar

Grow to success newsletter is every Friday :)

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