Usually staking token A to receive Airdrops for B C and D never works (remember $TIA lmao)
but $KAITO was one of the first tokens where this actually seemed plausible to me and not just like some marketing to force people into bagholding. (like we know that kaito would actually enforce this and has the power to make it happen)
ROI from the airdrops has been 21k simply for my staking bag, thats a decent return but depending on your entry might not make up for the token depreciation during that time. Also note its only that high thanks to the last 3 airdrops (XAN, MIRA, FF) and because I sold them day 1.
The Falcon bag would only be worth 2k today.
After these recent good drops kaito pumped and it once again became narrative that kaito staking gives decent returns (+ the launchpad priority stuff). Not sure yet how long I am going to hold this but its on my 'selling soon' list
Show original
10.36K
21
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.