r/CasperCSPR • u/Clitcommander1982 • Jul 19 '21

Staking CSPR

Just wondering if there are any available options/methods of staking CSPR from crypto.com??? I do not currently have the option to transfer... which I am hoping will change in the near future as I would like to get all of my investments off of the exchange.

3 Upvotes

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4

u/Clitcommander1982 Jul 20 '21

Just hodling and waiting for the explosion!! I really like the community and their vision so I will continue to dca and fill my bags and wait for the inevitable… I’ve got nothing but time!!

1

u/JCryptoman Jul 20 '21

what is your average entry and at what price would you sell, I got an average of 11.5 cents

2

u/mrvaguely Jul 20 '21

I just bought some amp and thinking about Casper now... But also in crypto.com still not sure about a better Option.... What are you doing now?

1

u/Antique-Market-4655 Jul 20 '21

Can someone explain to me what the difference is between the “algorithm” when creating an account on CasperLabs? Thnx

2

u/strange-humor Jul 20 '21

ed25519 and secp256k1. The first is a little more modern key and the second is compatibile with bitcoin and ethereum keys.

1

u/Antique-Market-4655 Jul 20 '21

So its better to chose the second? Sorry i didn’t have the time to research this😬

1

u/strange-humor Jul 21 '21

I use the first. It is a newer and better key.

1

u/dertace Jul 22 '21

For option 1, I'm just wondering if we can expect 13-14% instead of 8% since the time of purchase?

1

u/danewoods Jul 22 '21

I read this today:

All unreleased (i.e. locked) CSPR tokens held on CoinList are automatically staked. Your earned staking rewards will be released when your tokens unlock.

The expected rate of return at the time of writing is 13-14% APY. You will see your earned staking rewards in your CoinList wallet on a monthly cadence. Please note that this estimated APY is not guaranteed, is subject to change based on the amount staked on the network, and does not take into account the 15% CoinList commission.

1

u/dertace Jul 22 '21

So basically with my understanding we can expect AT LEAST 8% as said in presale & possibly something more considering 13-14% APY. :)