Can someone explain in layman terms how yield is produced when staking on coinbase?
Are they gambling with my Solana?
Is my solana at risk?
Where does the extra Solana come from that they are paying me every few days?
Can someone explain in layman terms how yield is produced when staking on coinbase?
Are they gambling with my Solana?
Is my solana at risk?
Where does the extra Solana come from that they are paying me every few days?
That really helped. Thankyou. So if Solanas current inflation rate is 5.689% and Coinbase is giving me 5.1%, they(Coinbase) don’t seem to be charging much for the service. I wonder how other staking providers are managing higher. Even on this sub, some are quoting 6, 7, even 8% or more.