@KatinessEverdeen 30 October 2022 more from that month

30-oct-2022 Greetings dear read dot users This is the second part of yesterday's article, Misconceptions about crypto staking. If you haven't read it, please take sometime and read it because may be you won't understand this part unless you read the first part. Well, let's start with the misconceptions. Indulge with me as this article is going to be a lengthy one. https://read.cash/@KatinessEverdeen/misconceptions-about-crypto-staking-part-2-bf065e2d Misconceptions #1 Staking rates are implausibly high. How is that Dot, for example, offers stake payouts in the range of 13%? That can't be real, or it would not last long. I mean, no. You can see that the yearly inflation rate of Dot is around 10% by looking at the figures. There is thus, plenty of Dot to distribute. Staking cryptocurrency protects your holding from being diluted by an increase in the total amount of tokens. After all, releasing more coins dilutes the market value of every existing currency. Consider the agreement you make to stake crypto currency as a trade in which you and the network benefit. Your contributions to the network's safety ensure the safety of your tokens value inside the eco system. Finding the right time to stake requires researching the tokens inflation rate and comparing it to the yield from staking.