TRX Stake and Earn on Huobi Exchange

Huobi Exchange has Stake and Earn (DeFi) and I noticed that you can stake TRX and earn roughly 3.36% APY.

So, is this better than Stake, Vote Super Representives, and Claim Rewards yourself?

I have staked roughly 150K TRX in my own wallet,

and on average, my daily return is 18 TRX.

This is roughly 18*365/150000=4.38% TRX

And if you stake TRX on Huobi Exchange, you will get slightly less 3.36% APR

Staking rules of Huobi Exchange:

1. Staking is a chain contract service. Huobi only offers technical channels.
2. Tokens will be locked in your Huobi Exchange account after staking and cannot be used to trade.
3. The revenue comes from validator rewards. APY will fluctuate according to actual income.
4. The delay between unstaking and unlocking is based on rules of the chain. No earnings will be generated in the period.
5. Earnings will start to accumulate on T+1 and be distributed on T+2.
6. Stakes can only be unstaked after the expiry time.

Of course, if you stake and earn TRX on Huobi Exchange, you don't need to vote the Super Representatives and claim the rewards yourself. (Think it as a Fully Managed DeFi Product)

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Steem to the Moon!