?How does staking work? ?
⠀This is not the easiest topic in the crypto market, but we advise to understand it (at least for general understanding)!

➡️ For many cryptans, staking is a way to earn rewards by holding certain cryptocurrencies. But even if you just want to earn rewards for staking without diving into the technicalities, you need to understand at least a little bit about how it works.

↪️ How does staking work?If a token, from your portfolio, has a stacking feature in its functionality, it means that you can stack/lock it in a contract and get reward/return for it during the "lock-in" time.
The reason your staked token earns a reward is because the blockchain makes it "work," meaning your crypto, becomes part of a larger process. Something similar to your fiat money on deposit in a bank.

? Ways of staking1️⃣ Staking with Voting in DAOFor example, on Uniswap. Let's start with the simplest one - UNI. Staking on Uniswap, which allows you to get voting rights in DAO. In other words, by staking UNI you can vote for/against different proposals in the DAO.

2️⃣ Revenue SharingNext, let's look at a bit more complicated types of staking. Revenue Sharing is a mechanism in which a portion of revenue from an activity or product (such as commissions received from users) is distributed among network participants based on their contribution to that activity. The best example is GMX. This protocol provides an opportunity to stake a native GMX token, and get rewarded for it.

3️⃣ LaunchpoolLet's take Binance Launchpool as an example, it is a staking program developed by Binance exchange. The program Launchpool gives the participants an opportunity of staking in several projects at the same time. Under this program, users can stake their tokens and receive rewards in new project tokens, which can then be sold on the Binance exchange or left as an investment.

❗️Conclusion• The average staking yield depends on many factors, such as the chosen protocol, duration of staking, number of staked tokens, and can range from 0.1 to 100 or even more %. You can always see the returns for different blockchains on Staking Rewards.
• If you have been holding tokens on hold for a long time, then staking can be a profitable option for you, as it allows you to get additional yield from your tokens.
• The risks of staking can include loss of investment in the event of protocol failure or other technical issues. It is also worth considering that the cryptocurrency market can be very volatile, which can lead to significant changes in token prices.

? Did you manage to figure out what staking is?? - Yes, everything is clear
? - There are a couple of questions

How to search for new airdrops? ?
⠀Today I decided to do a more professional post that not everyone can understand. But we tried to keep it as simple as possible. Learn, apply and make money!➡️ A couple of weeks ago a medium-styled drophunter (a person who deals with airdrop) took about $3,000-4,000 from an Arbitrum drop. The story instantly went viral on the internet, and interest in the topic of airdrop has multiplied. **The big question: how do you find new drops?

The first solution is to track the activities of drop hunters.** These are people and teams who are constantly searching for new drops, participating in all sorts of activities and getting tokens for it.

Any crypto is based on a blockchain, and all transactions recorded in it can be tracked. Below are a few cryptocurrency wallets associated with drop hunters. You can use them to track the activities that the experienced guys are involved in.

➡️ Drophunters crypto wallets:1️⃣0x6f9bb7e454f5b3eb2310343f0e99269dc2bb8a1d

2️⃣0x11B1785D9Ac81480c03210e89F1508c8c115888E

3️⃣0x70e7a6621f4cb3c3e073d0539899f49fc88424c0

4️⃣0x78Ebe56BC138069557C89af35EB29023fF31Ae2c

5️⃣0x000f4432a40560bbff1b581a8b7aded8dab80026

6️⃣0xd56EE5Ba5A52e15f309108BDd6247C69B4F624C2

What to do with all this? Track transactions and study the smart contracts the wallets interact with. Based on that, you can figure out what drops they are involved in.

An example of a tracking service is Etherscan and BscScan.

For example, if wallets connect to StarkNet and use certain swappers (swap tokens), that's a signal for action.

↪️ Another important indicator is the interaction with contracts without tokens. This is a harbinger of drop. If you find such activity, dig further and try to replicate the actions of the drop hunter's wallet.

Put ? if you would like to see more similar content - more professional

?Cyclicality in crypto ?
⠀Many of you know that everything around us is cyclical. This includes the financial markets. Regularities can be seen everywhere. There are certain patterns by which this can be understood. But there is a basic question: "Is there cyclicality in crypto?"Cycles exist everywhere. They generally consist of phases. Behind every rise there is a fall.

Everyone knows about bull and bear cycles. But what they mean by that remains to be seen.

➡️ Market phases:?AccumulationThe market moves in a sideways trend, creating a price corridor at the boundaries of which you should enter trades.

?UptrendPrice creates higher highs and thus rises.

?DistributionAgain a sideways trend, but only on market hawks.

?DowntrendThe market creates newer lows, moving downward.

✅Being able to identify phases and cycles is a great weapon for a cryptan. The best time to buy is the accumulation phase, because the price is no longer falling and investors are still scared.

Can be used as a strategy*?What phase are we in now?

Accumulation - *?*

Uptrend - *? Distribution -*? Downtrend -* ?***

**Genghis Khan slept with so many women; it's estimated that 1 in every 200 men alive today are directly related to him.

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**In 2019, a man from Gujarat, India, bit a snake after the snake had bitten him. Both him and the snake died!

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