Inside CoinList’s Staking Fund for Digital Assets
The post Inside CoinList’s Staking Fund for Digital Assets appeared on BitcoinEthereumNews.com.
The CoinList Staking Fund is a new passive return option available exclusively to accredited investors and family offices in the US who want exposure to staked digital assets. The CoinList Staking Fund is one of the best crypto staking platforms. It targets professional investors and advisors with lower minimum investments than is required for owning the cryptocurrencies themselves or indexing them through a tracker product. The fund focuses on five separate crypto assets: Ethereum (ETH), Solana (SOL), Near Protocol (NEAR), Sui (SUI), and Mina (MINA). We will take a look at each asset supported by the CoinList Staking Fund, covering their Annual Percentage Yields (APYs) and recent growth statistics. Ethereum (ETH) — 3.76% APY Ethereum provides a 3.76% annual percentage yield. It is still thriving as a contract system—it has the most active developers, about 3,000 engaged developers, almost 1.2M transactions per day, and around half a million unique addresses stuck daily to its platform, plus a booming NFT ecosystem. Solana (SOL) — 6.97% APYWith a 6.97% APY and popularity for its fast transaction processing and low fees, Solana is generally used in high-frequency trading and DeFi applications. It has a 3,300-strong developer community and handles an average of 40.7 million user transactions per day on its network. Near Protocol (NEAR) — 6.96% APY Near Protocol (NEAR) offers a 6.96% percentage yield (APY). It is known for its innovative Nightshade sharding technology, which boosts transaction capacity. The platform provides experiences for both users and developers, as evidenced by the 16,000 accounts on near.org and significant funding for ecosystem development. Sui (SUI), with a 3.35% APY, was created by Mysten Labs to tackle technology inefficiencies using the Narwhal and Tusk consensus algorithm. SUI boasts 1,400 developers and processes 3.8 million transaction blocks daily. Sui (SUI) — 3.35% APY Sui (SUI), with…
Filed under: News - @ August 14, 2024 6:27 am