I've just locked up my SOL for 90 days on Binance in exchange for an APY of 13.47%. I looked at liquidity farming on the same platform but the rates seemed pitiful (eg a yield of 4.6% for SOL/USDT) so I'm happy to stick with locked staking. #cryptocurrency #binance
3 comments
Staking in brand coin gives good profit. How much amount are you stalking! How much you get profit after 90 days! I am thinking about Solana Stalking
Usually I found that Staking or locking up coins give more APY than the liquidity pools. However, if you find a new fresh LP then the APY is crazy. I think of those as the short fused trades. Like 1 day or so can double your investment. Overtime the LP decrease their APY. Atm checking the ones in the smartBCH
Great return for SOL and having it on Binance is quite easy to do so.