If you are looking for a relatively stable investment that yields profits and is not very volatile, you can choose to do staking of:
USDT, FUSD, DAI, EUROC, PAXG
Staking cryptocurrencies can be a way to generate passive income, but it also carries risks.
There are some considerations to keep in mind before investing, but it is much more reliable than other assets and allows for long-term gains.
Staking stable cryptocurrencies (USDT, FUSD, DAI, EUROC)
- Advantages:
- Low volatility risks in price.
- Passive income through interest.
- Disadvantages:
- The interest rates may be low compared to other investments.
- Staking may require a lock-up period to generate interest.
Staking PAXG (Pax Gold)
- Advantages:
- The value of PAXG is backed by physical gold, which can reduce the risk of volatility.
- The interest rates may be higher than those of stablecoins.
- Disadvantages:
- The value of PAXG may fluctuate according to the price of gold.
- Staking PAXG may require a lock-up period to generate interest.
General risks of staking
- Security risks: Staking requires that the coins be locked in a wallet or platform, which can increase the risk of loss or theft.
- Liquidity risks: Staking may require a lock-up period, which can reduce the liquidity of the coins.
- Regulatory risks: Staking may be subject to regulations and laws that may change in the future.
Here’s a link for you to learn more about staking