Alemac
@alemac
I opened my LEDGER today to check my ADA bag. I've been holding ADA since 2020 when I bought a little bag. Later I stopped reading project updates, but I didn't sell; It's crazy to see that in Dec 2021 it was almost 15k usdc. I have the ADA bag delegated with APY 2.36%; not much tbh if i compare it with my XTZ staking APY 14.6%. Not sure what to do after ADA was included in the U.S crypto strategic reserve.
5 replies
1 recast
20 reactions
ππ
@pwiththeone
Oh, where did you staking XTZ ? Mine APY just 2-3% now, sadge me. π
1 reply
0 recast
0 reaction
Alemac
@alemac
2-3% is very low. Where do you stake your bag? I have them staked directly in a baker! XTZ APY is: For delegation: 4.9% For staking: 14.6%
1 reply
0 recast
1 reaction
ππ
@pwiththeone
Ah, i see. I'm using Earn function on Binance.
1 reply
0 recast
0 reaction
Alemac
@alemac
The worst option. 1. Not your keys, not your money. 2. You are losing money. You can use Temple wallet to stake or delegate your bag with a baker and get a much better APY. Itβs easy, let me know if you need any help!
1 reply
0 recast
1 reaction
ππ
@pwiththeone
Gosh, seems I did really bad moves. Itβs ok to do it on Kukai wallet too ? TYSM for the info. π«‘
1 reply
0 recast
0 reaction