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AXS, FLOKI, USDT... : These cryptos that make stakers happy!

Wed 21 Feb 2024 ▪ 3 min read ▪ by Mikaia A.
Getting informed Staking

Like mining, staking cryptocurrencies promises dividends for investors. But where can one find the most lucrative returns? While Bitcoin and Ethereum monopolize the spotlight, let’s explore cryptocurrencies with double-digit annual yields.

Moissonneurs de crypto logos de AXS, USDT, BSW, FLOKI, DOT

Crypto: The best assets to stake!

Interested in diving into the world of crypto staking? Let’s start with the definition. Crypto staking invites you to lock up your cryptographic assets to support a blockchain’s operations. In return, rewards are offered in the form of additional tokens. This process provides a passive income while enhancing the security of the network.

CRYPTO-STAKING-APY
Best cryptos to stake by Binance

In the frenzied race of cryptocurrencies, AXS claims the top of the podium with skyrocketing staking yields. This Ethereum token, fueling Axie Infinity, a virtual game where players build their digital kingdom to cherish their virtual companions, has become the object of desire. AXS holders can boast of receiving substantial rewards by staking their precious tokens, participating in spirited games, and having a say in crucial governance votes. With a price of 7.73 dollars, AXS offers an enticing yield of 23.9% to stakers, bringing joy to the crypto sphere.

However, in this profit race, AXS is not alone. FLOKI, a newcomer with a modest price of 0.00003224 dollar, is also making waves with an APY of 21.9%. Inspired by the famous dog of the billionaire Elon Musk, Floki, this utility token is at the heart of the Floki ecosystem, propelling innovative projects such as the NFT gaming metaverse Valhalla and the decentralized finance platform “FlokiFi”.

But let us not forget USDT from Tether, the veteran of stability, which proudly holds its place on the podium with an APY of 13.67%. Pegged to the value of the US dollar, the stablecoin USDT continues to attract investors seeking safety in an ocean of cryptographic volatility.

Furthermore, we noticed on the official Binance website that the 4th place is held by BSW (19.6%), DOT (18.9%), RONIN (17.9%), INJ (17.9%), CTK (17.9%), TIA (17.6%) and POLYX (15.9%).

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Mikaia A. avatar
Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.