Staking and masternodes were an early trend among digital assets. Some projects promised outlandish returns of as much as 400% annualized. As the bear market ravaged prices in 2018, masternodes and staking lost attractiveness.
But in 2019, staking seems to be back, as part of the decentralized finance (DeFi) trend. New projects are cropping up, and older networks are offering lucrative forms of staking.
Perhaps the most notable example was the arrival of Algorand (ALGO), a pure proof-of-stake network offering democratic entry into block production. ALGO reaches around 4.74% annualized return rate on staking. But this form of interest rate is also holding unseen risk - the actual dollar value of rewards ma...