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Staking crypto is always a big decision for any crypto investor, as they have to believe in the project as they are locking their tokens for weeks and, in some cases, even months, but I love to stake CUDOS, and I have staked all my CUDOS. In this essay, I am trying to explain why you should also stake some CUDOS if you have some in your wallet.
Strong Fundamentals
Fundanmentals is one big reason why one should decide to buy any crypto in the first place, and in my view, CUDOS is one of the strongest projects. In the past, I have written many articles on why CUDOS is really a strong project. Here’s one of my previous articles, which talks about how strong the foundations are with the help of 4T Fundamental Analysis for CUDOS. Read them if you want to learn more about the foundations of CUDOS.
Staking for more CUDOS
CUDOS is currently offering 7.5% APR, which should be the next biggest reason why you staked CUDOS. By staking, you are generating more CUDOS in your portfolio, or else you can say you have passive income for staking your CUDOS.
Participating in the network
This is also one perspective; if you are willing to stake CUDOS, that means you are truly believing in CUDOS. Staking is also a great way to participate in the network.
These are the few reasons why I believe You should stake CUDOS if you have them in your wallet; it's better to get some extra CUDOS while participating in the network.
Learn More About CUDOS:- https://www.cudos.org