Seriously, staking COSMOS is better than a savings account and safer than most cryptos. Look at that interest rate. I earn around $9-$25 a week in interest.

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Why does nobody talk about staking on Nostr? Much better than buying and regular HODLING. Most people here seem like they want to HODL for a very long time anyways. Why not turn your assets into a savings account?

#asknostr

nostr:nevent1qqswaqs0rcxc7wj46a9wsyrn437pxf674s7znsttjaes7qrws545xyspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygpncazz0uajku74uw8numyersfz54wjqsrjx4hhrkjf5r3qn7mfgqpsgqqqqqqskzqzhc

How can they afford to give such a high apy? Are the fees on the network high? That apy looks so much as Terra Luna's.

Not sure, never paid attention to the fees. I think even Bitcoin has staking.