I don’t know if i’m the only one that just got to know about BTC staking. I was reading some articles just now and i came across a liquid staking protocol designed for BTC holders.
I was intrigued when i also found out that this protocol, pumpBTC allows users to stake various forms of Bitcoin such as WBTC and BTCB to gain yields in its token. Lately, i’ve been coming across more projects with utility which is great. This shows that crypto space keeps evolving. By the way, have you ever considered staking your BTC ?
You are not alone, there are lot of investors who are exploring BTC staking protocols from long time, the one I heard the famous is babylon, don't know any thing about them at the moment though. The point is, staking BTC is really a good way to make money, we can make money from the BTC profit and the staking profit.
But many will say, we should not stake our BTC, because it is against the decentralized nature of BTC but, if as an investor we seek money, and profit, then we can give it a chance but I won't prefer it in the first place.
I get your point especially since you specified that many are against staking bitcoin because of decentralization but you ignore the fact that Bitcoin is built on a POW rather than POS or any other that allows staking.
In order to stake bitcoin one has to use a CEX and we know the risks involve
not your keys not your coins.
Also, what Op was going to stake were not actual bitcoin rather tokens/coins pegged to the value of bitcoin. They are just still altcoins and can still lost their value. The fact that they are pegged to bitcoin doesn't make them a top altcoin either, things can go sideways and they would just be a bad decision for investors. Stick with bitcoin rather than pegged bitcoin and if you want to ignore the
not your keys not your coins, then you can stake your bitcoin on any good CEX you know for you.