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Worried About Decreasing APR?$BNB $SOL $ETH #sol #ETH #BNBChain APR Annual Percentage Rate is an estimate of rewards that you will earn from your crypto staking. Many HODlers park their investment to earn APR on their assets. However, there has been a continuous drop in APR on all the assets across different blockchains and cryptocurrencies. First of all, APR is an indication of ESTIMATED rewards that you will receive. The actual reward may be less than the displayed APR. As more and more people are staking, the APR gradually starts to go down. About two years ago, AXS Axie Infiniti had the highest APR of more than 40%. I remember at that time, some of my friends bagged more than 10,000$ from the APR. Similarly, APE Coin used to have high APR, which dramatically went down. Is it wise to stake and lock the coins? The answer is yes and no! If you are a long-term Hodler, then it's a good idea to lock your assets and forget about them. You will keep earning the APR. However, if you are looking to take profits by market fluctuations then it's better not to stake your crypto. As some of the validators or staking programs lock your assets. You can not withdraw and sell the staked crypto to profit. Which asset is good for having a good APR? If you are looking for self custody, Trust Wallet has some good crypto assets like KSM, DOT, LUNC and others having good APR. I have personally staked my LUNC at 15% and did not touch it. If you are looking in Binance, then Injective has now the highest rewards with 19.9%. Imagine, those who bought Injective a year back and Hodling. They enjoyed lower price and good APR with price appreciation. APR is not going to be the same overtime. If you planned your investments to earn from APR, then it is not a good idea because APR can drastically go down for any asset. I hope this helps you understand APR better.

Worried About Decreasing APR?$BNB $SOL $ETH #sol #ETH #BNBChain

APR Annual Percentage Rate is an estimate of rewards that you will earn from your crypto staking. Many HODlers park their investment to earn APR on their assets.

However, there has been a continuous drop in APR on all the assets across different blockchains and cryptocurrencies.

First of all, APR is an indication of ESTIMATED rewards that you will receive. The actual reward may be less than the displayed APR.

As more and more people are staking, the APR gradually starts to go down. About two years ago, AXS Axie Infiniti had the highest APR of more than 40%. I remember at that time, some of my friends bagged more than 10,000$ from the APR. Similarly, APE Coin used to have high APR, which dramatically went down.

Is it wise to stake and lock the coins?

The answer is yes and no! If you are a long-term Hodler, then it's a good idea to lock your assets and forget about them. You will keep earning the APR. However, if you are looking to take profits by market fluctuations then it's better not to stake your crypto. As some of the validators or staking programs lock your assets. You can not withdraw and sell the staked crypto to profit.

Which asset is good for having a good APR?

If you are looking for self custody, Trust Wallet has some good crypto assets like KSM, DOT, LUNC and others having good APR.

I have personally staked my LUNC at 15% and did not touch it.

If you are looking in Binance, then Injective has now the highest rewards with 19.9%. Imagine, those who bought Injective a year back and Hodling. They enjoyed lower price and good APR with price appreciation.

APR is not going to be the same overtime. If you planned your investments to earn from APR, then it is not a good idea because APR can drastically go down for any asset.

I hope this helps you understand APR better.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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