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Crypto staking questions (1000%+ APY!?)

Binance

Cryptocoins Exchanges / Binance 211 Views

I'm pretty new to crypto and my friend introduced me to staking, where you can earn passive income for basically doing nothing.

Seems quite interesting so I want to ask the community: What is a decent or reasonable APY for staking? On stablecoins, I'm seeing anywhere from 7-12% APY and on altcoins I'm seeing 4% to even as high as 1000%!

FYI: I'm also looking to put around half of my next paycheque into a higher APY crypto for the fun of it too. I understand there's volatility in pricing for less-established coins, but you never know when you can run into the next Safemoon and stake for crazy gains.

submitted by /u/Gullible-Mind2
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