Every Tuesday I bring you the latest news and resources from the world of Crypto. My goal is to provide updates on the space, while making it accessible to everyone, regardless of experience level.
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 ($LINK stakers).
Great breakdown of staking and also like the comparison between other products which offer ‘yields’ I’m always skeptical about staking and if a rate is very high, my assumption is that it’s too good to be true and just avoid it.
Real-yield is the way to go for transparent and sustainable yield. I’m excited to see how Chainlink manage their staking rewards in the future. As far as I understand it it’ll leverage the tokens of other protocols that utilise Chainlink which are required to commit a certain % of their allocation, so yield from this can be spread to the network participants ($LINK stakers).
Thanks for another great article!
Always good to learn and relearn about staking. It’s a forever changing landscape that can be incredibly useful but also very dangerous :)