Many crypto enthusiasts are asking when the bear market will end. The price of DeFi tokens is pretty low, but staking has become more interesting to many investors. Staking is a way to earn rewards Or an interest in retaining a particular crypto token for a minimum amount of time. The projects mentioned here could be booming in the near future, offering the best staking opportunities in 2022.
Gnox (GNOX)
Gnox is the next generation platform for DeFi utilities built on the Binance Smart Chain and will be available on July 18th. Demand is expected to continue once the project enters the second pre-sales phase. This may be the best time to explore and invest in tokens, as tokens are pushing the mainstream.
Most new investors always think that DeFi investment is complicated, so the team’s goal is DeFi investment It becomes mainstream by addressing this main issue, which constantly prevents ordinary investors from investing. GNOX holders can take advantage of the actual passive profit flow, minus complexity.
GNOX Tokenomics was created to reward early hiring and long-term holdings. A 10% tax on all transactions to day traders or swing trading assets as the team encourages hold-to-earning ideas that can be a major source of passive income in this bear market. Will be imposed.
Kava is a cross-chain high speed DeFi platform It combines the two most used permissionless protocols, Ethereum and Cosmos, into one scalable network. USDX is a stablecoin for the Kava platform. KAVA, on the other hand, is a utility token used for governance bidding and used as a reserve currency when the system is undersecure. Therefore, users who own KAVA can receive stakes by using their holdings to support the security and operation of the network.
Also, when users deposit crypto tokens to assist the lending system, they get a weekly KAVA crypto for participation. The essence of KAVA token staking brings itself to the idea of using them as a passive source of income.
Solana (Sol).
The Solana network, most commonly referred to as the Ethereum Killer, was created to address issues such as scalability and transaction speed. It provides a rich ecosystem of decentralized applications (dApps). With the release of Neon EVM, there is excellent compatibility between Ethereum and Solana.
SOL had a good 7 days It has increased by 30% in the past week. Solana prices are currently bouncing around $ 40. The most important factor contributing to this is that the Solana NFT Marketplace has the fastest chain and can operate at low gas rates. With cheaper rates and timely trading methods, users are now trading NFTs on the platform.
The long list of projects it sponsors and the number of people in the community supporting the initiative show a positive future, even if bears are lowering the price of Solana.
Solana is a proof of stake cipher that allows users to delegate stakes to their verification network. The interests of each validator prove to be credible to vote on the transaction and confirm its legitimacy. Because this is an important network feature, stakeholders receive rewards based on their investment and the rewards are fixed to Solana’s inflation rate. By staking your SOL Instead of putting them in your wallet, you may earn 7.2% to 8% each year, which is significantly higher than the cash interest rates of most banks.
