I’ve Staked 2.5 Million CUDOS: Here’s All You Need to Know About It.

Sumit Shukla
3 min readJul 28, 2023

--

A few months ago, I shared the euphoria of reaching the 2 million CUDOS staking milestone. The thrill continues today as I announce another important marker — staking a total of 2.5 million CUDOS. In this next chapter of our journey, I will unfold how I have been escalating my CUDOS holdings and generating passive income via staking, so sit tight!

Why I Continue to Stake CUDOS

The question that stands out: Why am I still staking CUDOS? The reasons are steadfast. The unwavering faith in the CUDOS project, the security it offers to my holdings while generating income, and the potential the project exhibits, all contribute to staking being an appealing choice for me. The consistent growth of CUDOS, its compelling real-world use case of decentralizing cloud computing, and the unstoppable efforts of the team reinforce my optimism in this project’s luminous future. The launch of new products by the CUDOS team is also one of the reasons why I believe in CUDOS. One example is CUDOSmarkets and their Hashrate NFTs, which generate Bitcoin for the holders.

Earnings Update

With the current APR steady at 7.81%, the rewards from my staking endeavors have been nothing short of gratifying. This augmented stake now yields approximately 538 CUDOS each day, tallying to a rewarding 16,140 CUDOS monthly. These impressive figures only add to my motivation to retain CUDOS and benefit from the prosperous fruits of staking. The APR may fall in the future, but I will still be happy with CUDOS staking as CUDOS have limited supply, which makes me accumulate as much CUDOS as I can, and staking cudos is the simplest form of accumulating more of them without spending anything.

Increasing Stakes

Now, why do I plan on Increasing my staked amount? Well, the rationale is straightforward. As my trust in the project deepens, my urge to invest further amplifies. Staking serves as a fortified method to escalate my CUDOS holdings, and the considerable return it brings is an impressive perk. Furthermore, staking doesn’t only cater to personal benefits but also bolsters the network’s security and decentralization.

Why You Should Consider Staking CUDOS?

If you find yourself wavering on the edge of whether to stake CUDOS or not, allow me to share why it’s a prospect worth considering. Staking offers an effective route to earning passive income while endorsing a project you believe in. By staking, you’re providing a “safe haven” to your tokens, curbing market volatility, and earning returns simultaneously. This not only safeguards your investment but also propels the growth of the project. With CUDOS, you can be part of a groundbreaking project while receiving rewards for your contribution.

Conclusion

Crossing the 2.5 million CUDOS staking milestone has been an invigorating chapter of this journey. Armed with a project that boasts robust fundamentals and my unshaken belief in its long-term potential, the choice to stake CUDOS is apparent. It creates a gateway to contribute to the project while reaping substantial returns. My experience so far has reaffirmed the age-old wisdom — even in a tumultuous market, strategic investments coupled with patience prevail. Here’s to celebrating this milestone and eagerly anticipating the many more to come.

About CUDOS

CUDOS is at the forefront of powering the metaverse, synergizing DeFi, NFTs, and gaming experiences to bring the decentralized Web3 vision to life. As an interoperable, open platform launchpad, CUDOS lays the groundwork for the creation of fully immersive, gamified digital realities. As a Layer 1 blockchain and Layer 2 community-governed compute network, CUDOS ensures decentralized, permissionless access to high-performance computing at scale. The native utility token, CUDOS, is the lifeblood of the network, offering an appealing annual yield and liquidity for stakers and holders.

--

--

Sumit Shukla
Sumit Shukla

Written by Sumit Shukla

writing about crypto is my passion ❤️

No responses yet