Ethereum and Lido DAO plunge as staking rewards surge, Yachtify offers higher rewards

Staking has been one of the favorites of investors because it allows them to lock their assets and earn passive income. Despite the surge in Ethereum (ETH) staking rewards, Yachtify (YCHT) is currently doing better than Ethereum and Lido DAO (DAO) – a key staking service.

In addition, the prices of Ethereum (ETH) and Lido DAO (LDO) have failed to react positively to the increase in staking rewards. On the other hand, Yachtify (YCHT) has been attracting a lot of investors as it offers higher staking rewards.

Yachtify: your ticket to earning in a new industry

There has been an uptick in the demand for boat leasing services since 2021. However, many investors have been restricted from entering the $100+ billion industry, because of the large capital required to own luxury boats. This is where Yachtify (YCHT) comes in, breaking down the capital barrier and allowing investors with as low as $100 to begin investing in this industry.

One thing that sets Yachtify apart from other new projects is its unique platform that enables fractional ownership of boats and yachts. The NFTs are backed by boats which will be rented and leased. The rental fees will be shared amongst holders of the NFTs, thus providing investors with the opportunity to earn passive income while enjoying the luxury of yacht ownership.

The token with which you can buy these NFTs are now in presale, and you can buy them for as low as $0.1 with up to a 30% bonus. Given the prospects of the token, analysts predict that the token will surge up to 40x its current value upon launch.

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Ethereum (ETH) slumps despite surge in staking rewards

Ethereum (ETH) has seen a jump in its staking reward post token unlock. In the first week of May, Ethereum (ETH) validators earned as much as $46 million as staking rewards jumped as high as 8.6%.

The figure represents a 40% increase in the amount the validators of the Ethereum (ETH) network earned in the previous week. Despite the rise, the price of Ethereum (ETH) has remained largely bearish. Ethereum trades at $1,700, having lost 1.7% of its value in the last 24 hours and as much as 9.12% over the last week.

Lido DAO (LDO) turns bullis

Lido DAO (LDO), the leading decentralized ETH staking service, has turned bullish following a surge in transactions on the network. Over the last 24 hours, the price of Lido DAO (LDO) has gained 4.7%, reducing its losses over the last week to 6%.

At the time of this writing, Lido DAO (LDO) trades at $1.77, recovering from lows of $1.58 from earlier today. However, there has been an overall plunge in the value of Lido DAO (LDO), fueling investors buying into Yachtify (YCHT).

Find out more about the Yachtify (YCHT) presale:

Presale: https://buy.yachtify.market

Website: https://yachtify.market

Telegram: https://t.me/yachtify

Twitter: https://twitter.com/yachtify_market

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