What is the APY staking on moonbeam now please?

Question

Moonbeam & Moonriver Official

Wolf4.0 🐺

What is the APY staking on moonbeam now please?

#blockchain #cryptocurrency #english #moonbeam

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16.06.2022

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Michele | 🧊 Iceberg Nodes 🧊 · Accepted Answer

Hi Mate and Welcome to Staking! Let us give a short reminder about Official Moonbeam Staking Dapp: Current avg Apr is around eighteen (value is decreasing along time due to increasing adoption😉).. about Apr basically... is a tradeoff game! If you pick high rank you're safe but lower apr, if you pick low you get higher apr but with more risk (risk is the Collator going inactive below ranking 64th, that means you stop gaining rewards, but your funds will always be safe, Collator cannot access them!!) Reason why usually we suggest a good compromise (middle range). But considering current Market scenarios and prices, more Whales could decide to force the way to enter inside the Active set. Accordingly, atm, our suggestion is to go for upper ranges (Safety First!!!) also because... Starting since last 26th May, no more rewarding during revoke period (7 days)! Reason why to select a Good and Reliable Collator is now more than ever a KEY for success on Staking💪 We wish you all nice Accumulation period, this is the Way, especially with GLMR😉

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What is the APY staking on moonbeam now please?

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