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Its been almost a month since I moved some of my Alt coins across into a shared masternode on StakingLab.io so now might be a good time to do a bit of a review. You can see my original post here. In fact, that was my first post on Steemit.
Apart from the interface still being really simple and easy to use, the masternodes seem to be generating some decent returns. Since my first deposits, I have move other coins onto the platform so it is difficult to calculate an exact ROI. Also, I have been re-investing my coins into new masternodes as they become available.
ROI
However, if I look at the returns as a percentage of my current balance, my ROI is at a healthy 20%. This is obviously after costs incurred. Considering the current bull market that we are going through I am sure you agree that this is quite impressive.
Withdrawals
A big concern that users have is getting their coins off the platform. I requested a withdrawal for some of the coins and this was processed within 24 hours which is what they promised.
Referrals
Besides these masternode returns, I have also picked up 3 active referred users. This means that I earn a tiny amount on all of their rewards earned on the platform. At this stage the value is negligible but hopefully it will eventually add up to something. On the note of referrals, if you have found my post useful and would like to check out the StakingLab platform, please be so kind as to use my referral code – it does not cost you anything.
Discord
If you would like to join up on their Discord group, the link is here.
They have a number of competitions running on the Discord channel where you could win yourself some nice startup coins to be deposited into your wallet.
Growth
The platform has gone through tremendous growth in the past month or so. Some coins having up to 65 full masternodes running for them. The developers still manage to respond quickly to any queries that users have and the back-end hardware has been upgraded to handle the volumes of transactions.
Disclaimer
This post is based purely on my experiences on StakingLab. My coins on the platform are only a part of my crypto portfolio as I know that one must spread the risk. As always, DYOR!
Thanks for taking the time to read my post.
