Top 60 Proof of Stake Coins & Tokens

Proof of stake
Are you looking for rewarding staking yields?

Then proof of stake (POS) coins and tokens is probably what you are looking for. Cryptocurrencies are decentralized since no financial institution controls them. That means there is no server to manage the network and process transactions. So how then do they verify transactions? One way they do this is through proof of stake (POS). It is the validation of crypto transactions through a consensus mechanism. You can read more about how staking works here or get started with staking today with Binance.

Through a consensus, people agree on a system used to verify transactions. The system used in the verification system is through using servers called nodes. Besides processing transactions, nodes add blocks of transactions to the blockchain when you stake your coin or token. Staking is a way of earning rewards on your crypto by locking it in the blockchain network.

60 Best Alt Coins and Tokens

This is the toplist with alternatives to Bitcoin for people in United States. There may still be restrictions what people in the your geographic region are allowed to do when it comes to crypto currencies. So make sure that you read up on the regulatory restrictions as well as the terms and conditions for each crypto exchange and consider what is allowed or not allowed. Crypto is extremely volatile and not suitable for everyone to invest in. Never speculate with money that you cannot afford to loose.


Ether (ETH)
“The leader of DeFi coins, allowing anyone to deploy decrentalized apps.”
ethereum.org
NATIVE-COIN

9.50


BNB Coin (BNB)
“BNB is the native coin of BSC and one of the five biggest cryptocurrencies in turn of daily turnover.”
www.binance.com
BSC-TOKEN

9.50


USD Coin (USDC)
“A stablecoin based on USD, created by Circle and Coinbase.”
www.centre.io/usdc

9.50


Polygon Coin (MATIC)
“Ethereum’s Internet of Blockchains”
polygon.technology
NATIVE-COIN

9.50


Solana Coin (SOL)
“A scalable, super fast decentralized blockchain.”
solana.com
SOLANA-TOKEN

9.33


Avalanche (AVAX)
“Ludicrous Fast, Low Cost, & Eco-Friendly”
www.avax.network
AVALANCHE-TOKEN

9.33


Tron (TRX)
“Crypto Savy People Love Transferring Tether with Tron Ecosystem (TRX-20), because of the amazing speed & super low handling fee.”
tron.network
TRON-TOKEN

9.33


Elrond (EGLD)
“The Internet Scale Blockchain Is Live.”
elrond.com/technology

9.33


Cardano (ADA)
“Making The World Work Better For All.”
cardano.org
TOKEN-BSC

9.20


MetaHash (MHC)
“MetaHash is the native PoS coin of the superfast MetaHash blockchain, with over 100 000 transactions per second.”
metahash.org

9.29


Waves (WAVES)
“Waves coin enables a world of NFTs, DAOs, and other new business models.”
waves.tech
WAVES-TOKEN

9.33


Sandbox (SAND)
“Play, Create, Own, and Govern a virtual Metaverse made by players.”
www.sandbox.game

9.33


Zilliqa (ZIL)
“Get eco-friendly rewards and secure the Zilliqa network by staking ZIL tokens today.”
www.zilliqa.com
ZIL-TOKEN

9.30


SwissBorg Token (CHSB)
“By holding CHSB, you can enjoy Swissborg benefits such as way lower exchange fees, high yield and full voting rights.”
swissborg.com/buy-chsb
ETHEREUM-TOKEN

9.17


Basic Attention Token (BAT)
“Basic Attention Token Aims to Make Crypto and DeFi accessible and useable for everyone.”
basicattentiontoken.org
ETHEREUM-TOKEN

9.17


Immutable X (IMX)
“The first layer 2 for NFTs on Ethereum with zero gas fees and instant trades.”
www.immutable.com

9.17


Render Token (RNDR)
” Rendering the Metaverse – the 1st network transforming the power of GPU with their rendering solutions.”
rendertoken.com
TOKEN-ERC20

9.17


Cronos (CRO)
“Fortune favors the brave, says Cronos – the native token of the Crypto.com exchange.”
crypto.com

9.33


Reserve Rights (RSR)
“Reserve Rights is the governance token of the Reserve protocol, without any functionality at the moment.”
reserve.org
ETHEREUM-TOKEN

8.67


GBP Tether (GBPT)
“The safe pound sterling backed stablecoin from Tether.”
tether.to/en
ETHEREUM-TOKEN

9.00


Chainlink (LINK)
“The top native coins for DeFi operating on the Oracle Networks.”
chain.link
CHAINLINK-TOKEN

9.17


Tether (USDT)
“Digital money for a digital age.”
tether.to
ETHEREUM-TOKEN

9.17


Thorchain (RUNE)
“Rune is the native coin for the Thorchain network, providing incentives for holders to secure the network.”
thorchain.org
NATIVE-COIN

9.00


Audius (AUDIO)
“Discover and stream up-and-coming artists at Audius.”
audius.co
ETHEREUM-TOKEN

9.17


Litecoin (LTC2)
“Litecoin, the cryptocurrency for payments.”
litecoin.org
COIN

9.17


Glimmer Token (GLMR)
“Glimmer is the utility token of Moonbeam blockchain, giving the user acess to the corresponding network´s vital functions.”
moonbeam.foundation/glimmer-token
MOONBEAM-TOKEN

9.00


Curve Dao (CRV)
“Curve DAO (CRV) is an efficient ERC-20 stablecoin and the native coin of Gnosis Chain, the former xDai chain. “
dao.curve.fi
ETHEREUM-TOKEN

9.00


Nblh DAO (NBLH)
“A fast, decentralized real estate investment protocol.”
nblhdao.io
ETHEREUM-TOKEN

7.17


Gods Unchained (GODS)
“The native token of Gods Unchained play to earn game.”
godsunchained.com/token/about
ETHEREUM-TOKEN

8.82


Aurora (AURORA)
“The native token of the Aurora ecosystem got both Ethereum and Near compatibility.”
aurora.dev/tokenomics
AURORA-TOKEN

9.00


Cake (CAKE)
“CAKE is the yummy crypto token that powers the PancakeSwap ecosystem.”
docs.pancakeswap.finance/tokenomics/cake
TOKEN-BSC

9.17


Binance USD (BUSD)
“The USD stablecoin from Binance.”
www.binance.com/en/busd
BSC-TOKEN

9.50


ApeCoin (APE)
“ApeCoin is a cryptocurrency for the web3 economy.”
apecoin.com

8.90


BFG Token (BFG)
“BFG is the native token from a hot crypto casino with lots of rewarding bonuses.”
betfury.io/cashback
BSC-TOKEN

9.00


Biswap Token (BSW)
“Enjoy rewarding yield farming and exchanging with super low fees for cryptocurrencies.”
biswap.org
TOKEN-BSC

9.33


Kucoin Token (KCS)
“KCS is the token on Kucoin that can give you 20% lower fees.”
www.kucoin.com
TOKEN-ERC20

9.33


Decentraland (MANA)
“Create, explore and trade in the virtual world owned by its users.”
decentraland.org
TOKEN-ERC20

9.33


My Neighbor Alice (ALICE)
“The charming farm and builder game – My Neighbor Alice.”
www.myneighboralice.com
TOKEN-BSC

9.17


USN (USN)
“The native stablecoin of Near blockchain, backed by USDT, but only available on the Near network.”
decentral-bank.finance
NEAR-TOKEN

7.00


Cosmos (ATOM)
“The open, scalable, and interconnected economy of the future.”
cosmos.network
COIN

9.17


Ripple (XRP)
“Easily Move Money to All Corners of the World.”
xrpl.org

8.67


Telos (TLOS)
“Fast, Scalable, Decentralised Finance is here with Telos.”
www.telos.net
COIN

8.83


Enjin Coin (ENJ)
“NFTs that you can integrate.”
enjin.io
TOKEN-ERC20

8.83


Algorand (ALGO)
“Algorand, the native token of the blockchain with the same name, reward users and secure the platform.”
www.algorand.com

8.67


Shiba Inu (SHIB)
“A decentralized meme token, evolving into a vibrant ecosystem.”
shibatoken.com
TOKEN-ERC20

9.00


Kishu Inu (KISHU)
“Little meme. Big dream.”
New!
No rating for new tokens

Uniswap (UNI)
“Swap, earn, and build on the leading decentralized crypto trading protocol.”
uniswap.org
TOKEN-ERC20

8.83


Polkadot (DOT)
“Polkadot offers governance over the network, staking and bonding.”
polkadot.network
COIN

8.50


SushiSwap (SUSHI)
“Be a DeFi Chef with Sushi where you swap, earn, stack yield or borrow.”
sushi.com
TOKEN-ERC20

7.67


EverEarn (EARN)
“A frictionless BSC blockchain contract with 11% BUSD yield to holders.”
New!
No rating for new tokens

Anchor Protocol (ANC)
“A stable and attractive yield, powered by returns from several PoS blockchains.”
www.anchorprotocol.com
TERRA-TOKEN

5.50


Neutrino USD (USDN)
“Neutrino USD is a fairly risky algorithmic stablecoin, that can be pegged to national currencies or commodities.”
neutrino.at
ETHEREUM-TOKEN

6.83


Kangal Coin (KANGAL)
“A meme coin and utility token on a DAO ecosystem.”
www.kangaltoken.com
TOKEN-BSC

7.50


Euro Tether (EURT)
“The Euro-based stablecoins from Tether.”
tether.to/en/transparency
ETHEREUM-TOKEN

7.33


Baby Doge (BABYDOGE)
“A meme token donating to charities that the community select.”
New!
No rating for new coins

Terra (LUNA)
“Spend, Save, and Stake Cryptocurrencies Like Never Before.”
www.terra.money

6.83


Atlo protocol (ATLO)
“A community driven launchpad on the Terra blockchain, that is putting all the money into UST.”
New!
No rating for new tokens

Bitget Token (BGB)
“Earn passive income with the BGB token, an exchange token from Bitget.”
www.bitget.com/en/mybgb
ETHEREUM-TOKEN

2.50


Luni Coin (LUNI)
“LUNI on Terra, where passive income meets entertainment in the virtual land called Luniverse.”
www.luniofficial.com
TERRA-TOKEN

2.00


TerraClassic USD (USTC)
“The TerraClassicUSD (former UST) is a not very solid stablecoin from Terra-classic blockchain, that got unpegged from the USD and never came back.”
www.terra.money
TERRA-TOKEN

1.83

POS Coins vs. POS Tokens

Now that we understand what proof of stake is, we need to distinguish between proof of stake coins and proof of stake tokens. A coin is a medium of exchange, whereas a token represents an asset. For instance, Ethereum is a platform that provides you with a coin called Ether. So, Ethereum is a token, and Ether is a coin.

When you stake your coin, you will likely receive loyalty points. As for staking tokens, your rewards go to your wallet.

How Does Proof of Stake Work?

The point of staking your crypto is to earn rewards on it. To earn rewards, nodes analyze your cryptocurrency before they can reward it. The people who analyze your crypto before rewarding it are called validators. So think of nodes as a team of validators.

When you begin transacting, a validator is asked to review your crypto. Once validators are satisfied it is genuine; they include your transaction in the blockchain. It is through including your crypto information that they receive rewards. They give you a portion of it in your wallet when they receive rewards.
It is up to the validator not to be driven by greed or incompetence. For instance, if they try to pass off fake crypto as real, they may lose their position. To the traders, they are likely to lose their rewards when the validator does not reward them justly.

Which cryptocurrencies can I stake?
If you are looking to stake a coin, here is a top list of some stakeable coins and tokens:
+Cardano (ADA)
+Polygon
+Solana
+Ethereum
+Polkadot
+Binance Coin
+Terra (Luna)
+Algorand
+Hydra
+Cosmos.

A point to consider is that not all cryptocurrencies allow for staking. That is because they rely on another system of verifying transactions called proof of work. In a nutshell, the system rewards traders based on how fast they can solve a certain puzzle. So, you will have to work for your rewards. It is commonly the case with Bitcoin and Ethereum 1.0.

Difference Between Proof of stake and Proof of Work

Besides proof of stake, proof of work is another way to earn rewards. POS and POW are similar since they rely on consensus mechanisms to verify transactions. The differences between them is in how you get rewarded.

In POS, validators mine crypto on your behalf. They then share a percentage of their rewards with you. All you have to do is keep your crypto staked to enjoy rewards. As for POW, you mine for rewards in the blockchain. Typically, you will mine through solving a mathematical problem. You then compete with others. The quicker and more accurate you are, the more the rewards.

Most traders prefer POS to POW. Admittedly, some are terrible in mathematics. Others are simply lazy and prefer to wait for their crypto to earn rewards. Lastly, traders resent POW since you would have to invest in expensive hardware to begin mining for your rewards.

Benefits of the Proof of Stake System

+It offers faster transactions.
+It allows for greater scalability.
+With a consensus system, it eliminates centralization by dominant traders.
+Its environmental impact is smaller compared to the proof of work system.
+It offers a financial incentive to approve valid blocks.
+It offers security as users have a disincentive to validate improper transactions.
+It is an effective system for facilitating your transactions, making faster transactions.
+It keeps blockchains secure by rewarding or punishing validators when necessary.
+It does not require one to invest in hardware to earn rewards.

Disadvantages of the Proof of Stake System

-It is still new and hasn’t been tested at scale.
-It tends towards centralization.
-It may not be as secure as the proof of work system.
-Access is limited as individuals need to own cryptocurrencies first.
-Switching to proof of stake can be difficult.
-Some coins have a stipulated staking period before you can sell them.
-Users with a lot of coins can influence the consensus mechanism.
-Compared to mining, you cannot get as much rewards from it.
-Possibility of bribery attacks if the validator acts irrationally.
-It is yet to be thoroughly tested for scalability.

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