The most recent statistics from Coinmarketcap show that the crypto world currently has almost 10 thousand crypto assets and many projects. Coingecko indicates that there are around 7,400 crypto assets, most of them coming as independent projects.
The two platforms have always given lists of the top-performing projects and coins in the platform, but none has given real consideration of project incentives to users. To make clear investment decisions, investors need to understand what incentives these top platforms provide.
This guide will look into the top crypto projects, looking at the five which have the best prospects for stakers, validators, lenders, and possibly miners. Keep reading for more details.
Binance Smart Chain(BNB)
Binance smart chain is a crypto platform introduced in 2020 as an alternative to the Ethereum network. The idea behind its institution was to provide an excellent network for hosting decentralized applications. It gives more scalable, faster, and more affordable transactions and services.
One thing standing out with the Binance smart chain is its native token, the Binance coin(BNB), whose current valuation is $383. To release these coins, the Binance smart chain leverages POSA mechanisms for staking and earning average users earning massive rewards.
For running a masternode in the Binance smart-chain(validating), you earn an income of about 25% of your initials investment. Lenders make a 27% interest while stakers earn 21% rewards of their initial stake. The Binance smart chain and its coin BNB seem to be among the top options mainly because of the low fees.
The Polkadot(DOT) Project
Polkadot is a crypto project launched on May, 26th 2020, and has proven to be among the top high incentive crypto platforms. Primarily, the platform was designed to compete with the current top smart-contract platform Ethereum. This network has its native coin named Dot, a currency that has created excellent rewarding opportunities for users since its inception.
According to various sources, the reward for running a masternode in the Polkadot network is 13.91%. The delegated rewards for the entire Polkadot platform are currently 13.18%, and the interest for lenders is presently 13.18%.
One thing that makes Polkadot a discouraging investment option is its policy for holding coins for at least 28 days without withdrawal or deposit possibility.
Cardano is another one of the most profitable crypto investment options of our time, providing a fully open-source blockchain for smart contracts. This platform’s initial release was in 2015, but it recently upgraded by introducing the stable release in January 2021.
The Cardano network has its native currency ADA, currently valued at around $1.70. This currency is proven to have excellent prospects, especially for persons staking the coin.
To run a staking pool on the platform, the person will receive great rewards standing at 7.46%. For persons with interest in staking some assets, they will earn a delegated reward of 7.21%. The interest for lending ADA is 7.22%.
Investing $1 thousand worth of ADA tokens will bring an average annual return of $72, and as your investment increases, your income increases too.
Tezos(XTZ)‘s Unique Project
Tezos is a crypto project introduced with services similar to Ethereum’s smart contract systems but provides a more scalable and expandable network. The whitepaper for this project was released in 2014, but Tezos launched about four years later.
When baking Tezos(XTZ), a user must first stake a minimum of 8 thousand XTZ to run a node effectively. In delegating Tezos, a user can earn 5.48% income per annum, making this platform a high prospect investment.
Tezos bakers, on the other hand, receive an average return of between 6.1 and 6.5% of the masternode running value. Regarding Tezos lending, the lender can earn an interest of similar value to staking, i.e., 5.48%. The combination of these income-earning opportunities by Tezos makes its native coin one of the most lucrative crypto investments.
Cosmos is another one of the topmost profitable crypto investment opportunities of today. Instituted in 2014, Cosmos helps create a network of blockchains fostering interconnectivity and interoperability while providing top services that attract all classes of investors. It’s commonly defined as the internet of blockchains.
Cosmos has its native tokens, Atoms, which leverage the proof of stake system to be released. The value of the cosmos coin is $16.67, and the platform’s current market cap is $3.3 billion.
The rewards of staking and running masternodes for the cosmos network are highly promising, with an annual reward of 8.88%. Persons running validator nodes and masternodes for the ATOM currency will earn 9.5%, meaning for persons who invest at least 1k worth of assets, they’ll have an income of $95.
After looking into the topmost crypto projects according to Coinmarketcap and Coingecko, it’s clear that the five aforementioned are the most lucrative investment options. Several staking and delegating calculators brought the staking, delegating, and lending rewards as seen above.
Binance smart-chain seems like the most lucrative investment option considering its promise of over 20% rewards. Polkadot promises a 13% reward to its users, making it a platform to keep an eye on.
Others like Cardano, Cosmos, and Tezos are also great investment options for small and large investors. Before investing in any of the projects mentioned above, please do your research and understand their technology and their income-earning mechanisms.