Great time to Spin up some Staking Nodes

[Anonymous No.18111959]

Here's a solution to depression and boredom in quarantine: Start staking your shitcoin

Nodes are pretty easy to set up (especially once you've done it once or twice) and it translates into legit earnings.

Right now I'm staking Stegos, a privacy small-cap with an interesting conensus model (gamified Proof-of-Stake) that disproportionately awards small stakers.

Essentially, 1/3 of every block reward is pooled into this jackpot called "validator service award". When a certain string is hit in a block, the jackpot is paid out, in full, to a random staking node. Every staker has the same shot, whether they are a min staker or not.

You need 50k STG to stake (about $25) and the average jackpot is over 700k STG. Massive ROI if you hit it and you get 14% yearly ROI in the meaintime. Mcap is like 500k so it won't go much lower anyways, and the project otherwise has a number of interesting and unique features that make it an otherwise worthwhile privacy coin.

Happy staking anon

[Anonymous No.18112003]

Algorand is a no brainer for staking.... highest APR on Binance at 15% and you can stake directly on there...

[Anonymous No.18112043]

>>18112003
The more the merrier, desu. Like I said only costs $25 to start staking with Stegos might as well start up a pajeet moonbag.

[Anonymous No.18112159]

Just Stake on Chainlink brainlets. Why risk everything on a shitcoin?

[Anonymous No.18112637]

>>18112159
Chainlink already mooned vro it's too late