With the emergence of several new cryptocurrencies every day, investors may find it challenging to choose promising projects to acquire. However, we have narrowed down and hand-picked the best 3 staking coins to invest in today, and they are EtherFi (ETHFI), Cardano (ADA), and ETFSwap (ETFS). These three projects have recently shown great potential in the crypto market.
What you'll learn 👉
EtherFi (ETHFI): A New Approach To ETH Staking
EtherFi (ETHFI) is a decentralized liquid staking platform that allows users to stake their ETH holdings to support validators natively. The liquid staking platform leverages Ethereum’s Proof-of-Stake (PoS) consensus mechanism, allowing users to stake or lock up their ETH assets in a smart contract. Consequently, the stakers are rewarded with a restaking liquid token in the form of an eETH token.
One of the critical characteristics of EtherFi (ETHFI) is that rather than just staking their ETH for an extended period, stakers receive liquid tokens to represent their locked ETH. This received liquid token can be traded or applied in other decentralized applications (dApps) within the Ethereum (ETH) environment.
Despite being relatively new among staking coins, EtherFi (ETHFI) currently trades for $4.23, indicating a price increase of 4.5% in the last 24 hours. The market activity and massive belief in this project’s success have placed it as one of the hottest staking projects in the crypto market right now.
Cardano (ADA) Holders Earning Rewards On Its Decentralized PoS Blockchain
Cardano (ADA) is a Proof-of-Stake (PoS) blockchain that was created to be more efficient than other blockchains that use Proof-of-Work (Pow), making it one of the leading staking coins. Similarly to EtherFi (ETHFI), the Cardano (ADA) network rewards users when they “stake” the blockchain’s cryptocurrency for the opportunity to become a validator.
In this sense, a stake is a vouch of an amount of the ADA cryptocurrency to represent and secure validator rights in the Cardano (ADA) environment. However, ADA cannot be used, invested, or traded while staked because it is held as a guarantee to incentivize honest validation behaviour.
Users have been earning massive rewards in the past few days based on the tokens they staked. Also, given that Cardano (ADA) saw a 2.0% price increase in the last 24 hours, more investors may be inclined to try out the platform.
ETFSwap (ETFS) Emerges Top Of The Best Staking Coins
Like EtherFi (ETHFI) and Cardano (ADA), ETFSwap (ETFS) is presently faring excellently in the crypto market. In fact, recent activity and data show that the new project is doing far better than EtherFi (ETHFI) and Cardano (ADA) among the top staking coins. Built on the Ethereum blockchain network, ETFSwap (ETFS) has so far gained a reputation as a formidable infrastructure where assets are best invested.
ETFSwap (ETFS) is a decentralized finance (DeFi) platform that enables the easy trading of a wide range of cryptocurrencies and tokenized exchange-traded funds (ETFs) in its ecosystem.
At a time when leading financial institutions are vehemently pushing to diversify into the ETF investment sector, ETFSwap (ETFS) has once again shown its foresight by bridging the gap between the traditional financial (TradFi) market and the realm of DeFi. It allows users and investors to trade tokenized ETFs while enjoying the innovation and accessibility provided by DeFi protocols.
The leading DeFi platform utilizes blockchain technology’s reliability to provide transparent, efficient, and secure trading services. With blockchain technology’s reputation as a dependable network, users and investors are assured of transparent trading sessions with real-time on-chain transactions and data.
Users and investors can rest assured that their assets are safe, as ETFSwap (ETFS) prides itself as a secure and reliable platform. Consequently, its smart contracts have undergone a rigorous audit by CyberScope, a leading blockchain and cryptocurrency security provider. The audit’s results were impeccable, reaffirming ETFSwap’s (ETFS) commitment to asset security.
Leading crypto analysts have described the ETFSwap (ETFS) native token, ETFS, as a top staking coin mainly because of its deflationary nature. Holders of the token can participate in various staking activities and earn mouthwatering rewards of up to 87% APR while supporting the growth of the ETFSwap (ETFS) platform.
Currently, in its presale Stage 1, which ends soon, the ETFS token is priced at $0.00854. Beyond being a top staking coin, the ETFS token promises an enormous 100% profit for early investors, as it is set to sell for $0.01831 in its presale Stage 2.
So far, the ETFSwap (ETFS) presale has recorded tremendous success, already selling out over 60 million tokens.
For more information about the ETFS Presale:
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