The CoinList Staking Fund allows U.S.-based accredited investors and family offices to generate passive rewards on their digital assets with operational expertise, diversification, and tax benefits.
By focusing on five distinct assets, each with “unique” and “compelling” features, CoinList provide investors with a pathway “to earn yield through investment in a private exempt fund whose strategy is to stake digital assets.”
Here are details on the five assets CoinList currently support — ETH, SOL, NEAR, SUI, and MINA — including their APY and recent growth metrics.
CoinList are able to add staking support “for PoS assets upon request.”
Ethereum (ETH) — 3.76% APY
Ethereum was launched in 2015 by Vitalik Buterin and is “the second largest cryptocurrency by market cap.”
It was the first blockchain to introduce smart contract functionality, and “attracts developers due to its ability to support a wide range of decentralized applications.”
Recent Growth Metrics:
- 3K active developers
- 1.2M transactions per day
- 500K daily active addresses
- 9.7 million new addresses created
- 4.8 million NFTs minted
Solana (SOL) — 6.97% APY
Solana was founded in 2017 by Anatoly Yakovenko and “launched on CoinList in 2020, quickly gaining attention for its high throughput and low transaction costs. Solana’s proof-of-history consensus, which increases transaction speeds and network efficiency, makes the network ideal for high-frequency trading (HFT) and DeFi.”
Recent Growth Metrics:
- 3.3K active developers
- 40.7M average daily user transactions
- 450K daily unique fee payers
- 10x developer growth (2022 – 2023)
- Top non-EVM chain for new developers
Near (NEAR) — 6.96% APY
Near Protocol was founded in 2018 by Alex Skidanov and Illia Polosukhin, and launched on CoinList in 2020. Near employs novel sharding technology “called Nightshade, which allows for increased transaction throughput.”
Additionally, Near supports developer and user experiences “with unique features including human-readable account names and fee-less transactions for end users.”
Recent Growth Metrics:
- 16,000 active accounts on near.org
- 1K people verified for on-chain voting
- 5.7M tokens allocated to support ecosystem development
Sui (SUI) — 3.35% APY
Sui was developed by Mysten Labs in 2022 with “the goal of addressing inefficiencies and high costs of existing blockchain networks.”
Sui employs a unique consensus algorithm “called Narwhal and Tusk, which decouples transaction submission and ordering from consensus.”
Recent Growth Metrics:
- 1.4K active developers
- More than half of active developers are dedicated single-chain developers
- 5M code commits to date
- 450K daily active addresses
- 3.8M daily transaction blocks
Mina (MINA) — 13.84% APY
Mina Protocol was created by O(1) Labs with “the goal of becoming the world’s lightest blockchain, and launched on CoinList in 2021.”
Mina uses advanced cryptography to “ensure that its entire network remains around 22KB, enabling quick and efficient verification.”
Its overall efficiency is achieved through zero-knowledge proofs (ZKPs), “facilitating decentralized applications (dApps) with high security and minimal computational overhead.”
Recent Growth Metrics:
- 230K unique accounts
- 1.4M transactions processed to date
- 862M staked MINA tokens
- 94 active zkApps on the network
- 12K participants in various community programs and events
