$MON Surpasses Solana (SOL) and Avalanche (AVAX) in Staking Rewards Earnings APY
Monad has surpassed Solana and Avalanche to become one of the best passive income tokens within the #CryptocurrencyWealth economy, Staking Rewards data show.
As of writing, data shows that Avalanche holders are only seeing a reward rate of 7%.
Solana holders are seeing about 6%.
That said, Monad (MON) holders continue to see average percentage yields of 12%.
This means that holders can make off with about $1.2K in passive income by staking $10K worth of Monad tokens.
What's more, MON has a relatively smaller price which makes it a great barrier to entering the market.
Buying a sizable amount of the digital token with a small sum could reflect positively in many traders crypto portfolio.
Do you believe MON can bring more gains to #CryptoStaking and #PassiveIncome