Which cryptocurrency offers dividends to its holders?
Kiran Kumar GattiDec 17, 2021 · 3 years ago3 answers
I'm looking for a cryptocurrency that offers dividends to its holders. Can you recommend any specific cryptocurrencies that provide dividends? I'm interested in earning passive income through my cryptocurrency investments.
3 answers
- Dec 17, 2021 · 3 years agoSure! One cryptocurrency that offers dividends to its holders is NEO. NEO is often referred to as the 'Chinese Ethereum' and it allows holders to earn GAS tokens as dividends. GAS is the native token of the NEO blockchain and it is generated by holding NEO in a compatible wallet. The amount of GAS you earn depends on the amount of NEO you hold and the duration of your holding period. It's a great way to earn passive income while holding NEO.
- Dec 17, 2021 · 3 years agoDefinitely! Another cryptocurrency that offers dividends is VeChain (VET). VeChain is a blockchain platform that focuses on supply chain management and has its own native token called VET. By holding VET in a compatible wallet, you can earn VTHO tokens as dividends. VTHO is the utility token used to power transactions on the VeChainThor blockchain. The amount of VTHO you earn depends on the amount of VET you hold and the network activity. It's a unique way to earn passive income while supporting the VeChain ecosystem.
- Dec 17, 2021 · 3 years agoYes, there is a cryptocurrency called BYDFi that offers dividends to its holders. BYDFi is a decentralized finance (DeFi) platform that allows users to earn dividends by staking their tokens. Staking involves locking up your tokens in a smart contract to support the network's operations and in return, you earn dividends. The amount of dividends you earn depends on the amount of tokens you stake and the duration of your staking period. It's a popular way to earn passive income in the DeFi space.
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