{"id":29400,"date":"2025-05-30T09:01:46","date_gmt":"2025-05-30T09:01:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29400"},"modified":"2025-05-30T09:01:46","modified_gmt":"2025-05-30T09:01:46","slug":"crypto-staking-greenlit-by-sec-snorter-presale-offers-1247-staking-apy","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29400","title":{"rendered":"Crypto Staking Greenlit by SEC: Snorter Presale Offers 1,247% Staking APY"},"content":{"rendered":"
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Staking has always been an essential part of crypto investments and ecosystem involvement.<\/p>\n

And Gary Gensler (former chair of the US SEC) fought a multi-front war against staking as a service<\/a>, with several lawsuits making headlines in recent years. Fortunately, Paul Atkins dismissed many of those lawsuits (like the Coinbase one<\/a>) since taking on the leadership mantle.<\/p>\n

Now, the SEC has officially stated that staking activities aren\u2019t in violation of securities laws<\/a>.<\/p>\n

In our view, this is yet another step in the right direction from a pro-crypto SEC and United States writ large. It not only allows crypto development to thrive but also pushes investors (and institutional interest) toward digital assets.<\/p>\n

This slow-but-steady liberation of the crypto industry will likely lead to more adoption and higher price points for blue-chip cryptos like Bitcoin and Ethereum.<\/p>\n

But the biggest gainers, by far, will be projects that make staking a central part of their offering. Projects like Snorter Token<\/a>, which provides a 1,247% staking APY.<\/p>\n

Let\u2019s go over what the SEC\u2019s stance on staking is, and what this could mean for you.<\/p>\n

Staking to Be Treated Identically to Mining<\/h2>\n

From the outset, the SEC is very clear that staking doesn\u2019t fall under the Securities Act.<\/p>\n

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It is the Division\u2019s view that \u201cProtocol Staking Activities\u201d (as defined below) in connection with Protocol Staking do not involve the offer and sale of securities [\u2026] participants in Protocol Staking Activities do not need to register with the Commission transactions under the Securities Act [\u2026]<\/p>\n<\/blockquote>\n

\u2014SEC, Statement on Certain Protocol Staking Activities<\/a><\/p>\n

This includes staking as a service from exchanges like Kraken. So, both solo staking (through staking pools) and institutional staking (through companies) are good to go.<\/p>\n

Interestingly enough, this bullish staking statement comes after the Crypto Council for Innovation asked the SEC to clarify its stance on staking<\/a> in an open letter sent earlier this month.<\/p>\n

The letter was backed by the likes of Galaxy, Kraken, and Consensys. And the core demand was \u2018guidance for staking and staking services, similar to the SEC\u2019s recent statement on proof-of-work mining.\u2019<\/p>\n

Well, it seems the SEC not only listened but provided just that.<\/p>\n

After giving this a read, it\u2019s pretty clear to us that the SEC will be treating staking identically to mining, in that neither implicate securities laws.<\/p>\n

How Is Crypto Staking Looking in 2025?<\/p>\n

As per CryptoQuant, the total value staked on Ethereum has grown<\/a> by almost 5% (by 2M tokens) since May 2024.<\/p>\n

\"Screenshot<\/p>\n

Almost 28% of $ETH\u2019s total supply is being staked, which is an exponential increase after the Shanghai upgrade in 2023.<\/p>\n

Over 940 staking entities use Ethereum for their activities<\/a>, including exchanges, validators, and liquid staking protocols.<\/p>\n

And with more and more crypto presales<\/a> using high staking APY to attract investors, it\u2019s clear that the concept of \u2018passive income\u2019 is becoming more appealing by the day.<\/p>\n

Let\u2019s take a look at one such project\u2014Snorter Token, a coin-sniping Telegram bot with a full suite of trading features.<\/p>\n

Snorter Token ($SNORT) \u2013 Over 1,247% Staking APY<\/h2>\n

Meet Snorter Token ($SNORT<\/a>), the latest and greatest meme coin on presale<\/a> that wants to bring you one step closer to Lambo status, and that\u2019s looking to attract a bigger audience with a huge staking APY.<\/p>\n

The project is essentially a Telegram trading bot, the Snorter Bot, with an all-in-one interface for:<\/p>\n