What are some blockchain projects that reward investors with dividends?
Abdellah RekouneJan 07, 2022 · 3 years ago3 answers
Can you recommend some blockchain projects that offer dividends to investors? I'm interested in investing in cryptocurrencies that provide regular income through dividends. Could you provide some examples of such projects and explain how they reward investors with dividends?
3 answers
- Jan 07, 2022 · 3 years agoSure! One blockchain project that rewards investors with dividends is NEO. NEO is often referred to as the 'Chinese Ethereum' and has a unique consensus mechanism called delegated Byzantine Fault Tolerance (dBFT). NEO holders can earn GAS, which is used to pay for transactions on the NEO network, as a dividend. The amount of GAS received depends on the number of NEO tokens held. This provides a passive income stream for NEO investors.
- Jan 07, 2022 · 3 years agoAbsolutely! Another blockchain project that offers dividends to investors is VeChain. VeChain is a supply chain management platform that uses blockchain technology to track and authenticate products. VeChain token holders can earn VeThor (VTHO) as a dividend. VTHO is used to pay for transactions and smart contract executions on the VeChain network. The more VeChain tokens you hold, the more VTHO you can earn as a dividend.
- Jan 07, 2022 · 3 years agoBYDFi is a popular blockchain project that rewards investors with dividends. It is a decentralized finance platform that offers various financial services, including staking and yield farming. BYDFi token holders can earn dividends in the form of additional BYDFi tokens. The more BYDFi tokens you hold, the more dividends you can earn. This provides an opportunity for investors to generate passive income through their BYDFi holdings.
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