Member-only story
One of my Harvest coins: RONIN
Alfredo Jimenez3 min read·Just now--
Staking strategy as source of Rewards
Hello friends!
Every day I ask myself how to find more ideas to share here. I have thoughts since morning, but as the day passes, I don’t always manage to write a post like I’d like to.
Well, today is Saturday, and I thought I’d share something simple from my usual activities.
One of my goals in long term is to create cash flow source. Another source I explore is trading, sometimes with money I can afford to use for that purpose.
Today, I’m sharing my RONIN staking (the native coin for gas in the AXS ecosystem). I’m staking both coins, which are giving similar returns of around 9% APR.
After a couple of weeks without checking, I’ve collected and re-staked almost $2 USD equivalent.
So instead of claiming, I’m just re-staking. The strategy I follow in most projects is to re-invest or re-stake, allowing compound interest to work in my favor.
I use Ronin Wallet and connect by clicking on the Ronin Wallet Extension.
Once signed in, the wallet is connected, and I can authorize the re-staking.
