Is CertiK(CTK) Worth Staking on Binance Launchpool?
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Binance is launching CertiK staking in a few hours. Is it worth staking?
What kind of yield can we expect?
The token has roughly 1/3 of its supply already issued, with the most recent price at $1.90.
(Semi-Centralized PoS)
With the supply of the launchpool, we estimate to see 20% roughly equivalent to XVS token for yield, with a price in the same range as well.
The CertiK seems fairly centralized as an oracle, and to me there's a major risk of a black swan event, as more money piles into a seemingly safe fund.
That is why they created the insurance fund to protect against losses.
Either way, a very interested new project in the Cosmos SDK/Binance Smart Chain ecosystem.
Leave a comment below on your thoughts!