Another day of grinding Alpha, today ZKJ seems to be very stable, it is no longer a serious foundational project, but exists just to gain points. Has ZKJ become a stablecoin!?
ZKJ is not a Meme project; ZKJ is the infrastructure for Web3 interoperability, and the annualized staking yield of ZKJ is not low. If the price of ZKJ remains this stable, it might be worth buying some to stake and give it a try.
💡 Let's consider staking. The current annualized rate is 122%, which is quite high, and it's single-asset staking. This 122% is really not low; it seems that the yield platforms for double-asset staking stablecoins in the market are around 50%.
If you buy 1000 coins (approximately $2044) to stake for a month, the subsequent yield is about 72 coins, which is $150. This yield for single-asset staking is indeed not low.
⚠️ However, the risk lies in the uncertainty of price fluctuations. After all, the price of ZKJ is not based on a stable economic structure algorithmically, and the annualized staking yield is not fixed. Therefore, for players who prefer stable staking, this might be a good option. #ZKJ @Port3 Network