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Author: Admin | 2025-04-28
Needs to hold 8,000 XTZ coins and run a full node. Luckily, third party services have emerged, allowing small coin holders to delegate small XTZ quantities and share baking rewards. Annual percentage yield on XTZ staking ranges anywhere from five to six percent.Staking on Algorand (ALGO)Algorand (ALGO)’s main aim is to drive low-cost cross-border payments. Being a PoS protocol, the network needs stakers for security and transaction processing. Unlike Tezos, it uses the pure proof-of-stake (PPoS) consensus mechanism. However, it still requires stakers to run full nodes.Furthermore, there are third parties who support ALGO delegation. Staking rewards on these networks range between five and ten percent annually. Note that the rewards are influenced by the platform used. For example, those using Binance Staking enjoy an APY (annual percentage yield) of 2.9%, as of March 2022.Staking on Icon (ICX)The complex Korean blockchain project Icon (ICX) offers another platform that natively allows staking. However, Icon differs from Algorand and Tezos in that it uses the delegated-proof-of stake (DPoS) consensus algorithm. With this model, a select number of users find new blocks and verify transactions while others delegate their coins to these entities.Icon has a native token called ICX. Annual staking rewards on ICON is currently 14.27% on Binance Staking, as of March 2022.Staking StablecoinsStaking stablecoins is a great way to hold your funds in the current low interest rate environment and earn yields while avoiding market volatility. Here are the lastest stablecoins yields across some of the top exchanges as of March
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