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Which digital currencies have a higher dividend yield than VTEB?

avatarsaeid boghraeiDec 15, 2021 · 3 years ago3 answers

I would like to know which digital currencies offer a higher dividend yield compared to VTEB. Can you provide a list of such cryptocurrencies and explain how dividend yield works in the context of digital currencies?

Which digital currencies have a higher dividend yield than VTEB?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Dividend yield in the context of digital currencies refers to the percentage of a cryptocurrency's annual earnings that is distributed to its token holders. While VTEB is an exchange-traded fund (ETF) that focuses on tax-exempt municipal bonds, it doesn't offer a dividend yield. However, there are several digital currencies that do offer dividend-like rewards to their holders. Some examples include NEO, NEXO, and KCS. These cryptocurrencies have unique mechanisms in place that allow token holders to earn dividends or similar rewards based on the platform's performance or transaction fees. It's important to note that dividend yield in the digital currency space may vary and is subject to market conditions and the specific tokenomics of each cryptocurrency.
  • avatarDec 15, 2021 · 3 years ago
    When it comes to dividend yield in the digital currency world, VTEB doesn't fit the bill as it is an ETF focused on municipal bonds. However, there are digital currencies that offer dividend-like rewards. NEO, for example, has a mechanism called GAS, where holding NEO tokens generates GAS tokens that can be used to pay for transactions on the NEO network. NEXO is another digital currency that offers dividends to token holders, with the dividends being a percentage of the platform's profits. KCS, the native token of the KuCoin exchange, also provides daily dividends to holders based on the trading fees generated on the platform. So, if you're looking for digital currencies with a higher dividend yield than VTEB, these are some options to consider.
  • avatarDec 15, 2021 · 3 years ago
    While BYDFi, the digital currency exchange I work for, doesn't have a specific dividend yield mechanism, there are other digital currencies that offer higher dividend yields compared to VTEB. For example, NEO has a unique mechanism called GAS, which rewards token holders with GAS tokens for holding NEO. NEXO is another digital currency that offers dividends based on the platform's profits. KCS, the native token of the KuCoin exchange, also provides daily dividends to holders. So, if you're looking for digital currencies with higher dividend yields, consider exploring these options.