Hey All,
I have been enjoying my EVMOS staking rewards off lately. To be precise, I am getting close to 9 EVOS tokens daily for staking 300+ EVOS tokens. In order to know if you are eligible for the AirDrop - check this post where I mentioned simple three steps - How to claim EVMOS from Keplr wallet? Simple Three Steps to follow...
Following are the Top 5 Validators on the EVMOS Blockchain::
My EVMOS tokens has been staked via the Disperze - PoS Validator for SmartContract chains. All the EVMOS tokens that I got is via the AirDrop and staking rewards. To be honest, I didn't invest in a single penny on this token. But, what I did differently is that I didn't sell my EVMOS airdrop tokens immediately. There was a huge sell off immediately after the Airdrop and that lead to EVMOS price crash.
HOLDing on the EVOS token did the magic and currently the EVMOS token is trading above $3.5+ dollars. I do plan to HOLD the EVMOS tokens in the form of staking rewards as far as I am getting returns/APYs. 9 EVMOS staking rewards daily contributes to $30+ daily; which is not that bad, when you got all this free money via the Airdrop.
There was a point, wherein everybody was selling their EVMOS tokens for cheap i.e. at one dollar and even less. But now things have reversed and the price of the EVMOS token is pumping gradually.
In a netshell the Evmos blockchain brings in Ethereum Virtual Machine to Cosmos. The Evmos blockchain is fully compatible with the Ethereum Virtual Machine and will be be interoperable with both Ethereum and the Cosmos ecosystems.
My Strategy with EVMOS Tokens..
As I sated above, I'll continue to stake all my EVMOS rewards. I started with 200+ EVMOS tokens being airdroped and now my current status is 300+ EVMOS tokens staked. Receiving close to 10 EVMOS tokens daily is like a printing cash machine.. would be happy to receive it coming for months.. not sure until when it will last. But once, I achieve a status of 500 EVMOS tokens staked. I will change my strategy to buy in other tokens that are tied to Cosmos ecosystems from my staking rewards.
I did like to buy in tokens like $ATOM, $JUNO and $OSMOSIS.. Not very sure about the projects in particular but have been tracking the price of $ATOM for sometime now and at these levels where its trading less than $10 its a buy... hopefully, I can buy some of the $ATOM tokens from my EVMOS staking rewards pretty soon.
Did you provide LP on the Osmosis blockchain? Or paid heft ETH gases? just check if you have got the EVMOS tokens airdrop and enjoy the free money...
Image Credits:: app.evmos.org, coinmarketcap,
Best Regards