It offers. 7.5% apr staking rewards, thoughts about it?

Question

DeFiChain - International

Yohann Leandre

It offers. 7.5% apr staking rewards, thoughts about it?

#blockchain #cryptocurrency #defichain #english

0

11.08.2023

4 ответов

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Yohann Leandre Автор вопроса

Zachary Chan
It’s a viable option if you don’t want to get out ...

yeah, I usually have DFI spread out on different platforms

0

11.08.2023

Zachary Chan

Yohann Leandre
yeah, I usually have DFI spread out on different p...

That’s good then. Anything is better than just having it sit there I guess. I’m not too sure about Kucoin’s policies, don’t really use them as I don’t have a direct offboarding from Kucoin, but as long as it’s on-chain staking and they allow you to unstake immediately. Should be ok.

0

11.08.2023

Yohann Leandre Автор вопроса

Zachary Chan
That’s good then. Anything is better than just hav...

yes this is a flexible termed staking pool from them afaik

0

11.08.2023

Zachary Chan · Accepted Answer

It’s a viable option if you don’t want to get out of Kucoin. Maybe you want to save fees on transfers and such, you stay within the Kucoin cex and Earn and trade at the same time. But for long term staking, dedicated defichain providers like Bake is still better. The rates are still higher at this point for both flexible and fixed term staking, plus you actually get a say in Defichain governance, with pro-rated voting rights even if you don’t have a MN. I don’t think Kucoin offers that.

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It offers. 7.5% apr staking rewards, thoughts about it?

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