Diar: $4 Billion Currently Staked in PoS Cryptocurrencies
In the report, Diar reveals that over 70 projects currently rely on some type of PoS format, with an average of 40% of the total token supply across the projects delegated or engaged in staking.
Yields for these projects range from roughly 30% down to the low single digits per year, with some being boosted by networks of masternodes that often provide users with higher returns for investing in computing resources to help secure the network.
The $4 billion figure detailed in Diar’s report is likely to increase in 2019 as prices recover and many notable blockchain PoS projects are set to go live later on this year, including Cardano (ADA), IOST, Nebulas (NAS) and Ethereum (ETH).
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Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.