1
Solana Forum / Re: Offers provided by Phantom wallet
« Last post by Metha Wulandarin on Today at 07:15:20 AM »I think too small with reward staking around 8% APY looking for bigger risk with coins take price decreasing more than 8% and waiting for almost one year. Seems not recommended when staking coins APY reward very small and we must recovery or back up later if price drastically dump. Right now stable coins price not stable yet and offering 8% APY still not excited and the same when staking Solana coin have faster price movement up and down.Finding APY that is more than 10% without any special conditions is very difficult.
If you are interested with staking coins better looking for higher APY reward and must take possibility unlock any time protecting if price get drastically decreasing.
One of the advantages of staking in Solana is that we can release the bet at any time, no need to wait a long time like we do staking on the IBC network which has to wait a few days for the balance to be available in our wallet.