Follow Us @
See the blockchains that offer the highest staking returns
-Trending Marketing news, content marketing, latest Ways to rank your website, marketing discoveries, Local SEO, seo and social media marketing services. enjoy your stay on our website.
A recent report from CoinGecko revealed which Proof of Stake (PoS) blockchains offer the highest returns on the staking service. According to the survey, the Cosmos (ATOM) network has the highest yield among blockchains. This is because it offers staking yields of up to 18.5%.
As CoinGecko highlighted, Cosmos has a staking ratio of 59%, with approximately 248.8 million ATOM (worth approximately $1.2 billion). These relatively high yields, coupled with the network’s functionality, offer an attractive option for stakers. And this is reflected in the healthy staking ratio.
Next comes the Polkadot (DOT) network, with a staking ratio of 56%, with a total volume of 853.2 million DOT (worth approximately $3.7 billion) and offering yields of up to 11.5 %.
“Attractive staking returns offer exciting opportunities for stakers looking to participate in the network’s ecosystem,” said CoinGecko.
Best blockchains for staking
Tezos (XTZ) appears in third place. According to the CoinGecko report, the Tezos network is one of the first options available to PoS network participants, has a staking ratio of 68%, with a total of 699.6 million XTZ (worth approximately $470 .6 million) and staking yields of up to 10.0%.
“A user-friendly staking model called Liquid Proof-of-Stake, in addition to a familiarity aspect due to the time available for staking, offers an attractive option for stakers,” he highlighted.
The next network is Avalanche (AVAX). The AVAX token blockchain has a staking ratio of 58%, with a total volume of 234.1 million AVAX (worth $7.2 billion), offering annual yields between 7-8%. CoinGecko highlighted that the network’s differentiators are high transaction speeds and relatively low costs.
Soon after comes Aptos (APT), a relatively new Layer-1 blockchain. The blockchain has a staking ratio of 78%, with a total volume of 855.6 million APT (worth $9.0 billion), with yields of approximately 7.0%. Aptos has the highest staking ratio among PoS blockchains in the top 50 cryptocurrencies, reflecting a high degree of participation in the Aptos ecosystem.
Solana (SOL) appears next, with one of the highest staking proportions. Approximately 67% of its total supply is actively staked, with a total of 393.6 million SOL (worth approximately $65.2 billion).
This is a significant amount considering that only 470.1 million SOL are currently in circulation. Solana offers an average annual yield of 6-7%, making it attractive to investors.
See the blockchains that offer the highest staking returns
Follow TODAYSGIST on Google News and receive alerts for the main trending SEO news, Ai news, latest Ways to rank your website, marketing discoveries, Local SEO and lots more!
See the blockchains that offer the highest staking returns
SHARE POST AND EARN REWARDS:
Did you like this post?!!! Join our Audience reward campaign and make money reading articles, shares, likes and comment >> Join reward Program
FIRST TIME REACTIONS:
See the blockchains that offer the highest staking returns
Be the first to leave us a comment, down the comment section. click allow to follow this topic and get firsthand daily updates.
JOIN US ON OUR SOCIAL MEDIA: << FACEBOOK >> | << WHATSAPP >> | << TELEGRAM >> | << TWITTER >
See the blockchains that offer the highest staking returns