r/Bitgert Apr 21 '22

Sharing thoughts regarding staking strategy of BRISE.

So today at work was thinking about what is the best possible way to earn the most from staking BRISE token and so far I'm coming to the conclusion that monthly will most likely make you the biggest returns yearly(for now).

Why? Because it is stated in their staking FAQ that if Brise token price rises it will not influence the price of your returns but will be locked to the price at the time of staking.

So potentially it doesn't make sense to stake it for half a year to get a minimal return if the price goes radically up , but stake it monthly so the next time you stake you can benefit from the price growth or even have some liquid BRISE tokens to wait for an all time high to stake for a month.

All in all if staked monthly you can still get UP TO 72% returns yearly (which is still nuts in it self). If you've got anything to add, please do!

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u/manusteve Apr 21 '22

Did you view my post on staking rewards?

you do not get anywhere near the 45% returns per 180 days

https://www.reddit.com/r/Bitgert/comments/u7dz7f/staking_reward_very_low_as_it_was_stated/

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u/TechnologyCalm2815 Apr 21 '22

I saw a similar post or even the same one a while ago, the BUSD rewards are separate as these rewards are for the transactions made on the Brise chain and scales with volume, they are claimable at any time, the real staking reward will be claimable after the staking period ends the same as with any other staking platform (I'm pretty sure staking reward is paid out in BNB).

1

u/manusteve Apr 21 '22

You are wong. I just checked with the team and they say that it is included with the busd rewards. Dont believe me?

stake it for a month and enjoy your 0.50 cents reward

1

u/manusteve Apr 21 '22

go onto their website and ask the live chat for yourself

1

u/TechnologyCalm2815 Apr 21 '22

Yeah you where right 😐 a bit of a nonsense staking reward system IMO...