AI Trading

Most crypto investors are always looking for investments that offer the highest yields. In this guide, we will explore some of the cryptocurrencies with the most lucrative returns, but first, let’s learn how a staking yield is calculated.

How to Calculate Staking Yields

It is important to know how to calculate cryptocurrency staking yields so you can estimate your potential returns. To accurately determine how much you stand to profit within a certain staking period, you need to consider aspects like annual percentage yield (APY) and staking fees.

Crypto Assets Offering Lucrative Yields in 2023

Injective Protocol (INJ)

Injective Protocol, a popular interoperable platform, allows users to trade cryptocurrencies on various blockchains like Cosmos and Ethereum. The protocol offers fast transactions at low costs. Holders of Injective Protocol’s native token INJ can stake their holdings to earn passive income. INJ generates an APY of 20%.

Where to Stake INJ

AI Trading

Trust Wallet: Besides offering crypto storage services, Trust Wallet comes with an in-app staking feature, allowing users to stake multiple cryptocurrencies, including INJ.

Keplr wallet: This is another wallet that supports INJ staking. It is available as a mobile app and browser extension.

Injective Hub: This platform lets you stake your INJ directly on the Injective Protocol.

Polkadot (DOT)

Polkadot is one of the few blockchains embracing interoperability. It allows developers to build mini-chains known as parachains, which have the ability to interact with each other. Polkadot’s native crypto asset, DOT, can be staked on various platforms, giving holders an APY of 14%.

Where to Stake DOT

Binance: Many know Binance as the largest crypto trading platform. But did you know it provides staking services as well? Through the exchange’s “Earn” functionality, you can stake DOT and other supported crypto assets.

Coinbase: Another trusted exchange supporting crypto staking is Coinbase. That said, you can stake your DOT tokens on this trading platform.

Kraken: What makes Kraken a perfect platform for staking DOT is that it is regulatory compliant in all the regions where it has a presence.

Kusama (KSM)

kusama serves as a testnet for Polkadot, allowing Web3 developers to test their projects before deploying them on Polkadot. While most testnets do not have native tokens, Kusama, on the other hand, has its KSM token, which holders can stake to receive an annual percentage rate of 12.8%.

Where to Stake KSM

Kraken: As mentioned, Kraken is a regulatory-compliant exchange, making it a safe platform for staking crypto assets, including KSM.

Trust Wallet: The Binance-owned crypto wallet lets you purchase KSM and stake it in exchange for passive income.

Coinbase: Being the largest crypto exchange in the United States, Coinbase offers various services such as staking. Besides DOT, you can also stake KSM.

Casper Network (CSPR)

Casper Network focuses on onboarding traditional institutions to blockchain. Its target customers are able to customize the blockchain to suit their specific needs. Holders of Casper Network’s native token, CSPR, can stake their holdings to earn an annual percentage yield of 9.4%.

Where to Stake CSPR

Uphold: This American exchange is perfect for staking CSPR since it has secured licenses with relevant authorities.

Casper website: If you wish to stake CSPR directly on Casper Network, then you can do it on the blockchain’s official website.

Avalanche (AVAX)

Avalanche has become popular among crypto users due to its ability to process transactions quickly and cheaply. Several decentralized apps already live on this blockchain, most of which run on Avalanche’s mini-chains known as subnets. Note that you can stake AVAX, the native token of Avalanche, to receive an APY of 8.7%.

Where to Stake AVAX

Avalanche Wallet: You don’t have to stake AVAX on a third-party platform. Instead, you can do it via Avalanche’s self-developed crypto wallet.

Ankr: This Web3 platform makes it easy for newbies to stake AVAX since its interface is user-friendly.


One of the advantages of crypto staking is that you are able to earn rewards without breaking a sweat. However, like any other crypto-related venture, staking comes with its own risks. So, do your research before investing.

AI Trading produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

James Davis

By James Davis

James Davis is a prominent crypto writer and analyst at Herald Sheets, recognized for his well-researched articles and thorough analysis of the dynamic digital currency market. Holding a degree in Economics from Harvard University, James combines his academic background with a keen interest in cryptocurrency to provide readers with the latest industry insights and trends.