New To Staking | New User Questions

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Hello everyone, I recently put about $600 into staking for the $HYDRA coin. After watching the results I have been making small gains in addition to my USDT lending on KuCoin. With that being said I was wondering if the amount of HYDRA coins that I am staking is relative to the market value of the token or if it is independent from the market value.

I guess in simple terms my question is: Can I lose money while staking? Is it tied to the market value of the coin? Will the 180% APR rate be based on the amount of coins staked or the dollar value?

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r/poolx

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Posted: 3 years ago
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