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14310824 No.14310824 [Reply] [Original]

You're gonna want to stake a stack of this

https://stakingrewards.com/asset/idex

>> No.14310877

>>14310824
Staking rewards == inflation
Better invest in an exchange token where the rewards are paid out in btc, so to grow your stack you have to buy more

>> No.14311685

>>14310824
Currently running a node to stake 50k IDEX token, it's awesome. Kind of like a passive income.

>> No.14311740

>>14310877
Like what?

>> No.14311787

>>14311685
>12% per year
What's the point? If the price dumps 12% or more then your staking rewards for the entire year are wiped out. And those kind of swings can happen in a single day. You're basically betting that IDEX is going to be successful long term, and there is really no indication that will be the case. Plenty of upcoming competitive DEX's. IDEX volume doesn't go up much either

>> No.14311801

>>14310877
>>14311740
seconding this, do these even exist? dont say xsn until they have something to show for themselves because they havent for a long time

>> No.14311828

>>14311787
list reasons it wont be beyond competition from other platforms

>> No.14311842

>>14310877
which one?

>> No.14311972 [DELETED] 

>>14311801
>>14311842
Sadly I don't know any really big ones but GIO from Graviex does this.
Still, the concept of built in inflation masked as staking rewards drives me off since it always sounds way better than it actually is

>> No.14312009

>>14311842
>>14311801
>>14311842
>>14311828
GIO from Graviex does it like I described but unfortunately it is a pretty tiny exchange, I don't know any big ones.
Just sayin' it would be a better model and inflation masked as staking rewards sounds way better than it actually is in the end.

>> No.14312049

>>14311787
>no indication

Sure is summer around here.

>> No.14312598

>>14311842
>https://stakingrewards.com/asset/idex

Bitmax pays out in USDT, I stake 125k BTMX and get like 14 USDT a day.

>> No.14312692

>>14312598
6b daily volume, 99.9% of it is stable coin trading

you're going to get so fucking JUSTd bro

>> No.14312799

is it worth it to just stake the minimum of 10k? i'm a poorfag