That sounds almost too good to be true, but if there is anything that I have learned in my time studying cryptocurrencies; sometimes things are actually as good as seem. Thank you for your input and information! I will definitely check out Osmosis.
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I've been using Osmosis many times daily, and Cosmos ecosystem staking/liquidity pools since early July 2021 and it's been a Godsend. For LP pools on Osmosis, the most stable is ATOM/OSMO hovering in the 100-110% APR range for the 14 day unbonding term. It was significantly higher earlier on. Staking on other chains via Keplr/Omniflix are 100%+ for a couple, and ~50% for many.
Hi Steemmatt, I have been investing in ATOM for quite some time, so this is great news! I will definitely have a look at the ATOM/OSMO pool. At 100% APR, this is quite a good addition to my normal ATOM staking.
Staking OSMO is at about 90% now too. It's decaying from several hundred % back last summer.
Also, if you've had ATOM staked on-chain, you're probably eligible to claim several airdrops. Some claims may have expired if you were unaware, but some are still open.
I do have a lot of ATOM staked on-chain! Where can I get these certain airdrops for the ATOM token staking? I will check it out.
It's best to search on your own. Most of the clues are in the info above. If all else fails, watch the YouTuber I mentioned. It's good to be proactive and learn about these in advance from now on so you can ensure that you get as much as possible.
Yeah, I will definitely do my own research! The first thing I did was unstake my ATOM from the Binance.com staking pool, so I can transfer it to a decentralized staking pool to classify for more rewards and airdrops and not have to deal with days where I do not receive staking rewards due to stupid contracts running out on Binance.com's staking pool. Thank you very much for your valuable information!
That's correct. You need to stake on-chain to be eligible for airdrops. Sorry to hear that yours was parked on an exchange, but at least you've made the adjustment for the future. You can best manage your ATOM staking in KEPLR wallet and choose a validator there.