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Which cryptocurrencies have the highest return on investment in staking?

3 min read

In today’s world staking cryptocurrency developed into one of the most lucrative methods of making and investing. In particular, it is a process in which the validator is solely responsible for verifying digital assets locked in a decentralized network. The result of this step is improved network integrity, consistency and security. In this article, we will examine crypto projects that have the highest return on investment.

Algorand (ALGO)

Algorand was created to solve the scalability of blockchain while creating a borderless economy. At the same time, it maintains decentralization and security. The algorithm has managed to create an economy that can boast low transaction fees. It uses a different consensus algorithm called Pure Proof of Stake (PPoS). As a result, most of its deposits are benevolent, which prevents malicious players from operating in the system. For ALGO it is possible to get rewards for staking in the range from 5% to 10% depending on the platform.

Cosmos (ATOM)

Cosmos enables new start-ups effortlessly build blockchain services using adapted and decentralized functions. In this way, different blockchain service providers could work with the whole community. Validators are involved in the operation of Cosmos, which is one of the best staking cryptocurrencies. Through Delegated Proof of Stake (dPoS) they can authorize the creation of new strings and verify transactions. Cosmos can be called “Internet blockchains”. This could be because it combines countless blockchains into one network. It therefore enables optimal transfer of all tokens. ATOM provides annual revenues around 8.32% on various exchanges.

Polkadot (DOT)

Unlike PoS, Polkadot uses a mechanism to support multiple validators. Many investors prefer to invest in Polkadot staking funds. In addition, the company distributes attractive symbolic rewards. These are offered in proportion to the amount of work and not the size of the deposit. On various platforms such as Crypto.com, you can get an impressive annual percentage rate 14.5%.

Tezos (XTZ)

The currency, created by Authur Breitman, uses a chain management architecture to handle network modifications. Cryptocurrency uses form Liquid Proof of Stake (LPoS). The XTZ coin, produced through the “baking” process, drives the net. “Bakers” are richly rewarded for staking their XTZ, which allows the validation of new blocks. Tezos’ annual return on investment is estimated at 5 to 6%. However, this can vary significantly depending on market conditions.

ETH 2.0

Despite its popularity, ETH is not the most profitable staking coin. However, it is the most used blockchain network with more than 2800 decentralized applications. There is an urgent need to scale it up. Its another big update, ETH 2.0, turns it into a Proof of Stake network. This will allow decentralized applications to scale and secure the network. Although the Ethereum 2.0 merge is still in its infancy, a native token can be used on the network. You will need 32 ETH for this. At present, the annual return on investment is between 5% to 7%.

Binance Coin (BNB)

Binance is one of the most important and most widely used crypto exchanges in the world. This platform provides various services to its users. BNB is known for its ability to enable users delegate your coins to a validator without having to limit the number of coins that can be delegated. BNB staking fees are usually about 30% per year. This is due to the volatile nature of the fees charged by the exchange.

Lisk (LSK)

Lisk is an open-source blockchain technology that serves as a gateway to the blockchain. The best thing about Lisk is that it allows investors, developers and designers create your side chains. Because the platform is built on Javascript, it is easier for new designers or developers to get involved and reap the benefits of significant revenue. Exchanges, including Atomic Wallet and Coinbase, have an estimated return on investment 5% to 6% annually.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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