Staking Updated
In the past few months I've slowly moved a large portion of my portfolio into 5 or 6 projects. All of these projects offer some sort of staking reward and are long term hodl projects. Most require a lockup of tokens for 2 or 3 weeks when unstaking. I plan to leave these staked for a long time.
I'm still staking $ZNN and that will get another page. Curently trading at 9.60 If you had $1000 worth of ZNN you'd get 4.87 a month at a value of $46.
A new thing I'm trying is staking some of the coins through a validator called Citadel. They offer the normal staking reward APR with low commission fees and you can also earn their native token from doing it. IMO it doesn't hurt and seems like a cool project that could grow. They have a staking program for the coin itself that offers like 225 percent apy. I don't have much data $XCT rewards yet. Redelegated my $XTZ, $ATOM and $AKT.
Onto the projects themselves. I'll start with the highest rewards and go down to the lowest.
#1. Osmosis.($OSMO) 187% APR. When this one was first launched I was really disappointed I wasn't eligible for any airdrop. At that point I was very new to the cosmos ecosystem and didn't have very much anyways. I only bought it at first to add liquidity to the pools and just let it grow. The rewards are insane at the moment and slowly going down as time goes on.. I'll write about more in the liquidity mining (Updated) channel. Only available on the Osmosis DEX and at a 1.2 billion market cap. I got into this one around 2 dollars and it's grown over time. Very nice UI with a limited offering of coins at the moment.
If you had $1000 dollars worth of $OSMO you'd get 21.73 a month at a current value of$143.
#2. Sentinel $DVPN) 58% APR. This project is building a decentralized VPN network with huge scaling. There's other apps as well in the works for p2p networking stuff I believe. Very low TX fees as well always under 0.001 cents.. If you had $1000 worth of DVPN you would get 3190 DVPn tokens a months. Current value is around $140 USD
#3. Akash Network ($AKT)... 43% APR. This project is a decentralized AWS for cloud computing for web 2.0 and 3.0 projects. Much lower cost than AWS to use and is censorship resistant. I got into this project from $2 all the way up to $5. If it grows the way it seems like it will then I could see it being in the Top 20 coins by market cap.
If you had $1000 worth of $AKT you'd get 6.95 a month at a current value of $38.33
4. Cosmos ($ATOM) 10%. This is a project I really have regret about not buying and holding more of when it was under $10 dollars earlier this year. There is some I have in LP's as well. I would have really liked to get to a hundred coin s and stake them. I do have a bit in liquidity pools as well. One new DEX Sifchain allows you to take liquidity out unevenly and I'll prob take all the ATOM out after the LP mining reward event is over. More about that in LP (Updated) This project has recently got into the top 20. If crypto grows into mass adoption I see this as a top 5 project excluding stablecoins. Currently at $37 and growth is limitless. Trillion dollar market cap potential.
If you had $1000 worth of ATOM you'd earn .22 ATOM a month at a current value of $8.16.
Projects I'm slowly getting into now
Regen Network ($REGEN) -I'll be honest I don't understand a lot of what this projects about. It descripes itself as :"Regen Network realigns the agricultural economy with ecological health by creating the global marketplace for planetary stewardship. Using a distributed ledger and modern remote sensing technology, our team is creating new tools for how humanity relates to its environment." I don't have very much of this at the moment and would like to grow it more. It is currently trading around $4.42 and has 28 percent APR. Most of this is in LP tokens on Sifchain at the moment for the LP mining reward event.
If you had $1000 worth of $REGEN you'd get 5.28 per month at a current value of $23.
MultiVac($MTV).Only project not in the cosmos ecosystem. Very low market cap new blockchain that's recently launched mainnet. PoS network and had amazing staking rewards early on between bonuses and 60% APR. The tech has been in development for a while and it's quite advanced and young. Currently at like .018 cents a coin and I got in around 0.03. At a Billion dollar market cap it's be worth .29 cents a coin. I've moved like 20% of it into other projects listed above
If you had $1000 Of MTV you'd get 935/month at a value of $17.78.
Tezos($XTZ). I bought some earlier this year under 3 dollars and staked it in atomic wallet and forgot about it for a while. Converted half of it into $Atom ecosystem projects and left oher half staked..
Algorand: This project is a really safe bet to grow in the next few years and could be top 10. The staking rewards are not very exciting compared to some of these other projects.
If you had $1000 of $ALGO you'd get 1.9 Algo a month in rewards at a current value of $4 USD.