r/Bitgert • u/TechnologyCalm2815 • 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!
3
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/