This report covers the period 15th - 21st August 2021. Best Performing Staking Coins - Weekly Summary. Enjoy!
Hi, Insight Readers. The week came to an emerging gain from all Top 10 assets, with special participation of two assets that earned more than double of their previous prices. Explosive gains over the 7-day period were between +133% and +15%. Significant events published by the projects primarily caused the price increase and major adoption from the community.
Avalanche (AVAX) named one of the highest yields of the week with +133.11%. After the announcement related to Avalanche Rush last August 18, a DeFi liquidity mining incentive program, the impact it gave exceeded expectations thus prices moved quicker and higher.
DeFi Yield Protocol (DYP) also made a three-digit increase of +113.34%. This project seeks to foster DeFi adoption while prioritizing fairness for users of all sizes.
Near Protocol (NEAR) came third at the top of the list with +91.32% gain. Assets mentioned offer opportunities to earn passive income and receive rewards proportionate to your stake.
List of top 10 staking interest earning coins that are available on MyCointainer Platform can be found below:
Top 10 Performing Staking Coins this week:
- Avalanche (AVAX) + 133.11 %
- DeFi Yield Protocol (DYP) + 113.34 %
- Near Protocol (NEAR) + 91.32 %
- Stakenet (XSN) + 74.37 %
- Cosmos (ATOM) + 39.12 %
- Solana (SOL) + 37.37 %
- Validity (VAL) + 32.54 %
- Polkadot (DOT) + 20.41 %
- Kusama (KSM) + 19.85 %
- Algorand (ALGO) + 15.73 %
Interest earned on those 10 top staking coins this week:
- Avalanche (AVAX) + 0.013 AVAX
- DeFi Yield Protocol (DYP) + 0.29 DYP
- Near Protocol (NEAR) + 0.063 NEAR
- Stakenet (XSN) + 2 XSN
- Cosmos (ATOM) + 0.010 ATOM
- Solana (SOL) + 0.0043 SOL
- Validity (VAL) + 0.084 VAL
- Polkadot (DOT) + 0.0032 DOT
- Kusama (KSM) + 0.00081 KSM
- Algorand (ALGO) + 0.010 ALGO
5 coins that positioned themselves just outside of the top 10 are: Kava.io (KAVA), Syscoin (SYS), Cardano (ADA), Livepeer (LPT), and Dash (DASH).
MyCointainer has enabled cold staking and delegation on certain Proof-of-Stake coins. Earn the same rate of return and with added benefits while having your assets remain in your sole custody.
Happy staking everyone.
