Paying for staking!! Coinbase among others
I went to the bank yesterday and my banker asked if I wanted to look at some interest bearing CDs . I asked him what they were paying and he said I could earn a high interest 1.65% if I put 2500 in a special savings account. And for special CDs I could get a whopping 2.5% but would have to forfeit my ability to use the money for over 2 years.
I told him I was currently getting 5.3% rate of return and asked if he could come close...
Well no but your talking a risky investment , which is a bit true however I Don’t have to tie up the money and I can convert or withdraw at anytime and not have any 10% prewithdraw penalty.
There is also the possibility that my investment can gain value which is something that a CD wrapped up in fiat currency will never do.
Inflation bring the ultimate enemy of all fiat currency.
For some more information :
https://www.stakingrewards.com/asset/tezos
If you want some free Tezos
https://www.coinbase.com/earn/tezos
With Coinbase , they take a cut and delegate out 5.3% others take less and pay out quicker . Coinbase pays out their staking rewards after about a month
Hey there! I'm upvoting you because I think this post deserves more attention! I look for decent posts that haven't gotten to the 1 dollar reward mark and vote for them as well as call for TRENDO tokens on the post. If you want to support this service to the community consider reading what I'm trying to pull together here and see if you're up for the ride.
$trdo
Btw, there are a lot of Tezos delegation services. Their ROI, payouts schedule and other metrics everybody can find on https://baking-bad.org