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Last year, I had some ETH just sitting in an account at a certain platform. I thought to myself, since I’m holding long-term, just don’t sell it, leave it be. One day, a friend told me his ETH was earning interest, and I realized—my money hadn’t moved at all, quietly being diluted by inflation for nearly a year. Later, after doing some research, I found out that staking varies greatly across different platforms.
Some platforms help you stake, quietly taking a third of the yield first, leaving you with less than 2%.
Some give you what looks like a decent number, but after careful calculation, you only get around 3%.
Not to mention, some platforms require locking your assets, so you can’t withdraw in a hurry when you need money.
Later, I moved my ETH to @Gate with a 4.15% annualized rate. The amount I received was without any mysterious commissions. After staking, they gave me a GTETH certificate, an equivalent token, and my assets didn’t just disappear.
I can withdraw anytime, with no waiting period, no queues.
In the past two days, Gate’s total ETH staking volume has broken records, reaching 190,400 coins. I don’t find that surprising; if it were me, I’d choose the same. This isn’t marketing—it’s users voting with their feet.
#ETH #Gate #PassiveIncome