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+--- Thread: Is CRO worth the stake? (/showthread.php?tid=6201524)
Is CRO worth the stake? - Grizzlies - Apr 14, 2022
I got money laying around. Is cro worth staking?
RE: Is CRO worth the stake? - Blockonome - Apr 14, 2022
If you do on Crypto.com app it might be worth it, I mean... A fair APY and some good benefits on the card, but yeah, CRO to be done in a bigger amount, not only a 1000 CRO tokens.
RE: Is CRO worth the stake? - Porn - Apr 14, 2022
It depends on your bag, if you only have $1-2k and want to stake cro you will be making peanuts compared to alternatives such as staking UST on anchor protocol.
You can stake cro on the crypto.com defi wallet which provides 6% APY for a 3 month lock up period which is pretty awful compared to UST on anchor protocol which earns 20% APY, you can pull out at any time there is no lock up period. (Both cro and UST have risks so beware)
RE: Is CRO worth the stake? - xf0xalz - Apr 15, 2022
(Apr 14, 2022 04:16 PM)Porn Wrote: It depends on your bag, if you only have $1-2k and want to stake cro you will be making peanuts compared to alternatives such as staking UST on anchor protocol.
You can stake cro on the crypto.com defi wallet which provides 6% APY for a 3 month lock up period which is pretty awful compared to UST on anchor protocol which earns 20% APY, you can pull out at any time there is no lock up period. (Both cro and UST have risks so beware)
Defi wallet will get you 12% not 6%!
RE: Is CRO worth the stake? - Trend - Apr 15, 2022
Checkout $HBD (pegged at $1) offers 20% apy
RE: Is CRO worth the stake? - Grizzlies - Apr 23, 2022
(Apr 14, 2022 04:16 PM)Porn Wrote: It depends on your bag, if you only have $1-2k and want to stake cro you will be making peanuts compared to alternatives such as staking UST on anchor protocol.
You can stake cro on the crypto.com defi wallet which provides 6% APY for a 3 month lock up period which is pretty awful compared to UST on anchor protocol which earns 20% APY, you can pull out at any time there is no lock up period. (Both cro and UST have risks so beware)
I put 100k on maplefinance for 3 months. Should return a good chunk
RE: Is CRO worth the stake? - Zher0 - Apr 23, 2022
(Apr 23, 2022 01:31 PM)Grizzlies Wrote: I put 100k on maplefinance for 3 months. Should return a good chunk
Just checked them out, are you staking BPT with them? Never even heard of that token.
RE: Is CRO worth the stake? - Net - Apr 24, 2022
(Apr 14, 2022 12:21 PM)Grizzlies Wrote: I got money laying around. Is cro worth staking?
Currently use the Ruby Steel, which gives me 2% cashback on all my purchases and 100% rebate on Spotify (I don't use it though).
All the cashback I earn I put it straight to their DeFi wallet which gives me 12% APY (compound). I am feeling positive about CRO honestly. Their marketing is one of the best I have seen so far for any crypto related project. Only big downside is that their exchange isn't in the US yet and their support team have to seriously step up their game (I am sure they weren't prepared for such a big wave of new customers, but that is their fault).
Will probably upgrade to Royal Indigo somewhere this year if all goes to plan.
RE: Is CRO worth the stake? - Porn - May 9, 2022
(Apr 23, 2022 01:31 PM)Grizzlies Wrote: I put 100k on maplefinance for 3 months. Should return a good chunk
I think you made a good decision
RE: Is CRO worth the stake? - demondx - Jan 8, 2023
Avoid CRO man. Go for stable coins like USDT, USDC or BUSD