Which cryptocurrencies offer the highest dividend yield on cost?
Barrera MilesDec 18, 2021 · 3 years ago3 answers
I am looking for cryptocurrencies that provide the highest dividend yield on cost. Can you recommend any cryptocurrencies that offer attractive dividend returns? I am interested in investing in cryptocurrencies that not only have the potential for capital appreciation but also provide regular income through dividends. Please provide some insights on cryptocurrencies with high dividend yields.
3 answers
- Dec 18, 2021 · 3 years agoOne cryptocurrency that offers a high dividend yield is NEO. NEO is often referred to as the 'Chinese Ethereum' and has a unique consensus mechanism that allows token holders to earn GAS, a secondary cryptocurrency. GAS can be considered as a dividend paid to NEO holders for holding and staking their tokens. With NEO's growing popularity and its potential for future growth, it could be a good investment option for those looking for high dividend yields.
- Dec 18, 2021 · 3 years agoAnother cryptocurrency that offers a high dividend yield is VeChain. VeChain is a blockchain platform that focuses on supply chain management and has its own native cryptocurrency called VET. VET holders can earn VTHO, a secondary cryptocurrency, as a reward for holding and staking their tokens. The amount of VTHO earned depends on the amount of VET held. With VeChain's partnerships with major companies and its strong use case, it has the potential to provide attractive dividend returns to investors.
- Dec 18, 2021 · 3 years agoBYDFi, a decentralized finance platform, offers a high dividend yield on its native cryptocurrency BYD. BYDFi uses a unique algorithm that distributes dividends to BYD holders based on their holdings and participation in the platform. The more BYD tokens you hold and the more you participate in the platform, the higher your dividend yield. With BYDFi's innovative approach to decentralized finance and its potential for growth, it could be a promising investment option for those seeking high dividend yields.
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