 I hope these are the last set of news to get top stories and cryptocurrency assets and break them down to bite-sized pieces today I just want to go over a couple of things and it's gonna be all about Staking polka dot and how it's super brain-dead simple. It actually is like we're gonna that just want to take a look at the market and Congratulations everybody. We have hit our all-time high of 28,078 actually no, that's that's not true. I think at 1.8 like 28,400 but this is a good day if you are a Bitcoin holder you've been waiting for this for quite some time and Once it hits 30,000 I think it's really off of the races think 130,000 it gets hit It's a psychological barrier and then people is gonna pile in and we've seen a lot of different great stories come about especially with all the different publicly traded companies Micro-strategy mass mutual and a couple of new ones even like the mooch and his hedge fund is getting into the game So I believe it's gonna be pretty big times and I was concerned that at the very end We have a lot of people dump for tax reasons because they need to sell for their taxes But doesn't look like it's actually happening. It's not a Bitcoin not an Ethereum They are off of the races. Ethereum 2.8 percent up for the day and looking at 730. That's massive 15% for the week. Yeah, that's what's going on with the market the exciting times I think 2021 is gonna be our year I just don't think you can really miss for 99% of the cryptos that you put your money into Because it'll all just go up. That's about it The only downside I could see is this this sec Case dragging out, but anyhow, we'll see. All right, let's take a look at Staking okay, so here I am on my dashboard for a Kraken and I've got a couple of different assets I have a bunch of dollars on here. I actually forgot about that and Ethereum couple of those Cardano sure polka dot and this is the thing will poke it out, right? So already 24 hour change up 18% not too shabby So what we're gonna do is we're gonna right-click or actually just left-click on the three dots right here And then we're gonna click on instead of Trading we're gonna stake so stake. Okay, so here's all the things that we can stake pretty cool You got polka dot kusama kava Cosmos tasos flow never heard of flow and Ethereum interesting And then it gives you breaks you down all the yearly rewards and it's pretty interesting I mean pretty good. You have between five and 17% for a theorem. That's a wide swath 7% for cosmos and polka dot 12% now you can get other Interest rates that may be a little bit higher or higher yield. Excuse me But for here, I mean, this is just brain dead easy and so really what you do is take a look at What the criteria is and all the ins and outs? So this is on the blog post that I will link in the description below And it talks about on chainstaking just what it is and how it compares everywhere So with Kraken you can start earning rewards instantly payouts are twice a week. That's pretty cool Highest returns in the industry and that's true because I saw polka dot on the atomic wallet I think it was like around 7% check me if I'm wrong in the comment section. I'm sure you will and Of course, you can stake within three clicks very nice and instant unstaking. That's the interesting part So as it states in a little bit You can unsteak at any time you want to which is pretty cool And it talks about on chainstaking, which is pretty much all of the cosmos ethereum flow kusama polka dot tazos Here's the rewards, which we just talked about polka dot 12% man, it's all it's pretty high and then This is the big thing time unlike other staking services at Kraken. There's no minimum On-chain staking time. That's pretty big and this was interesting It says for example if you only utilize on chainstaking for a few hours and then unsteaked your funds You would still be credited pro-rated rewards on the next payout day. That's pretty amazing. So it looks like to me It's either you can stake as long as you want or as short as you want and then pull it and then that's it And then just be aware that it is not possible It is not possible to stake or unsteak on mobile Because the Kraken api, which is what the most mobile apps based on does not have any commands for staking So if you want to stake you have to do this on your desktop So if you're on your phone, which is like most of us all the time You have to go to your desktop and do this to stake. So that is about that part But just to be sure let's take a look at how to unsteak and this is a this is interesting because it says note at this time It's not currently possible to unsteak Staked eith or flow for the information you found on this FAQ. So the same way we staked It's the same way we unsteak. We click on three dots Click on unsteak and the amount you want to actually unsteak And then click the button and that's pretty much it and then what's great about that is that there's proof Because under the transaction section there's a little entry where it says initiated a few minutes later We'll change to success when you unsteak everything Kraken also has insurance on their cryptocurrency. So I'm gonna do it Let's just stake it right now. So I'm gonna click on stake And how much do I want to stake? Well, let's just do the max see what happens So I have 122 allows me to stake 122 Payout interval is twice a week In other words 12. I mean that is Unbelievably high. I like that. Let's see how long that could last. Is that sustainable? Not only time will tell and then grow rewards. What the heck? It states growing rewards means the rewards you get from staking his assets will be added to Staking so it'll just be like a perpetual flywheel like Celsius always talks about So the 12% that I get in dot will go into my dot account I will actually then start staking and it will just keep going bigger and bigger and bigger So sure, let's take that and then thanks Assets will appear in your staking wallet when the transaction has been completed This may take up to a whopping 10 minutes. All right, then that's good enough and I have to tell you I gotta tell you I was actually pretty tempted Let me go back to staking to uh stake my ethereum But in all honesty when I saw that you couldn't unsteak it and I believe it's it's a lock up for quite some time I want to say months to years again. Check me in the comment section But I know it's a very long time. You can't unsteak and you can't even do it here on Kraken So what I like about Kraken here is that you can just do it and off you go So there's actually a couple of places you can go to uh stake polka dot and a lot of different places But uh, you're welcome to find all those out and see which ones are best for you This is the one that I found that's gonna work for me Especially because it's so simple and it has does have a high yield If you're looking to sign up for Kraken, I have my exchange of wallet fees Which you can look in the description of every one of my videos There's a link looks just like this and you can use the affiliate links now on Voyager and Celsius for example You get between 20 $25 a sign up for bitcoin Kraken I don't believe you get anything I could be wrong but all the all the rest of them It's pretty much the same type of thing you get between like 10 to 25 dollars with a bitcoin if you use the links You don't have to but it's totally up to you also as far as staking Digital asset news has a cardinal staking pool We're less than a month in and we're almost at 25 saturation Meaning that for every cardinal staking pool you can only Put in or delegate up to 63 million and after that it'll look something like this Where you'll have you'll be saturated and everything over 63 million you actually start to lose rewards And for this one, uh, it's heavily saturated and all these people I don't know this has been like this for like two weeks People just don't pay attention and they don't realize that hey once you hit a certain point You can't stake anymore meaning you can but you're just gonna lose reward. So what's the point? And for D news, uh, you know, we have almost a perfect uptime We're very new we went less than a month But we've put a lot of things in place to make sure that we get the maximum amount of rewards So if you're looking for exactly, uh, what we're all about how you can stake and everything else in the description below Again, there's a link looks just like this and it'll take you to our our stake pool page And once you get there easiest way to do is just click on wallets It'll swing you all the way down and watch this video It's about 13 minutes and it'll explain exactly what we're all about How we do things how we set ourselves up for success in the future And also the best part is how to stake your cardano to make passive income And that's between four to six percent, which is the industry average. All right. That's it for today So thanks for sticking with me Dan. I really appreciate it if you like those types of videos There's gonna be two months going to pop up on your left and right Not exactly sure. Let car let cardano. I'll let youtube do their magic And that is it for today. So, uh, thanks a lot again appreciate it. I'll see you on the next one