How is the dividend distributed in the realm of cryptocurrencies?

1 answers

• May 03, 2022 · 3 years ago
  At BYDFi, a leading cryptocurrency exchange, dividend distribution is handled through a unique mechanism. Token holders on the BYDFi platform receive dividends based on their trading volume and the number of BYD tokens they hold. The more active a trader is and the larger their token holdings, the higher their dividend payout. This approach incentivizes active trading and token accumulation, benefiting both traders and the platform. Dividends are distributed in the form of additional BYD tokens, which can be traded or held for potential future value. BYDFi's dividend distribution mechanism has been well-received by the community and has contributed to the platform's growth and success.
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