Thread by @Cosmos_Tic

Another way to earn in #Crypto is by putting your money to work.

Here are 3 projects in Cosmos you can earn from staking rewards

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A thread 🧵👇

1. $EVMOS

• Current price ~ $2.60
• Current APR ~ 285.31%
• Unlocking time: 14 days

• For example:

600 $EVMOS staked ~ 4.69 $EVMOS daily

You can compound, sell for stables or buy other blue chips

2. $JUNO

• Current price ~ $5.13
• Current APR ~61.92%
• Unlocking time ~ 28 days

• For example:

600 $JUNO Staked ~ 1 $JUNO daily

• You can compound, sell for stables or buy other blue chips

3. $ATOM

• Current price ~ $12.82
• Current APR ~ 18.89%
• Unlocking time: 21 days

For example:

• 600 $ATOM Staked ~ 0.3 $ATOM Daily

• You can compound, sell for stables or buy other blue chips

NOTE:
• APR = Annual Percentage Rate

• The above calculations are made based on current APR% which can be found on @mintscanio

•Daily reward = Number of staked tokens X APR divided by 365 days

•Validator commission deductions will alter the reported figures

👉 Why $EVMOS $JUNO $ATOM?

• They are among the strong pillars of cosmos

• They have shown great strength even in bear markets

•They have great utility, community and hence low risk & great potentials

• Holding any of these qualifies you for almost every Cosmos airdrop

👉 Disadvantages of staking

• Assets are locked up & can’t be used until made liquid again

• Crypto is highly volatile. A drastic drop in price would mean you cannot assess your tokens immediately e.g $LUNA

• Risk of slashing which affects both the validator and delegator

👉 What are concerns to staking in Cosmos?

• Liquid staking is coming to Cosmos

• @pStakeFinance, @stride_zone , @quicksilverzone, @LidoFinance are among projects bringing liquid staking to Cosmos

• With liquid staking, you can stake your assets and keep them liquid

• Liquid staking removes the long unlocking period/waiting time with traditional staking

• You can redeem your original tokens + staking rewards at any time

👉 Will you still be eligible for #airdrops with liquid staking?

For example, As @stride_zone reported in their recent post

• Eligibility will depend on the project doing the drop

• So for a staked $ATOM requirement..

• The project will have to work with Stride and

…
• Stride will have to provide your e.g stATOM to know how many ATOM you hold because

• Stride's staked ATOM is in one address. So looks like a single whale on-chain

• And most airdrops have whale cap

So If the project don’t work with stride, then no airdrop for you 🙂

We will be doing a specific thread on each of these concerns so you stay updated

These threads will also guide your investment choices and strategies

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Don’t forget to Tag frens and leave your comments #IBCGang

Looking for other ways to earn money from crypto?

Check this thread.

We compiled ways to earn without buying any token in #crypto

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https://twitter.com/cosmos_tic/status/1563240904147681282