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Are there any blockchain-based assets that pay dividends to their owners?

avatarHoHADec 26, 2021 · 3 years ago3 answers

Can you recommend any blockchain-based assets that provide dividends to their owners? I'm interested in investing in cryptocurrencies that offer passive income through dividends. Are there any specific assets or projects that I should consider?

Are there any blockchain-based assets that pay dividends to their owners?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Absolutely! There are several blockchain-based assets that offer dividends to their owners. One popular example is NEO, a cryptocurrency often referred to as the 'Chinese Ethereum.' NEO holders can earn GAS, a separate cryptocurrency, simply by holding NEO in their wallets. GAS is generated as a reward for participating in the NEO network, and it can be sold or used to pay for transaction fees. So, by holding NEO, you not only have the potential for price appreciation but also earn passive income through GAS dividends.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! Another blockchain-based asset that pays dividends is VeChain (VET). VeChain is a supply chain management platform that uses blockchain technology to track and authenticate products. VET holders are rewarded with VeThor (VTHO), a second cryptocurrency, for holding VET in their wallets. VTHO can be used to pay for transactions on the VeChain network or sold on exchanges. So, by investing in VET, you not only support a promising project but also earn passive income through VTHO dividends.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are blockchain-based assets that pay dividends to their owners. One such asset is BYDFi, a decentralized finance platform built on the Binance Smart Chain. BYDFi token holders receive dividends in the form of BYD tokens. These dividends are generated through various revenue streams, including transaction fees and yield farming. The BYD tokens can be staked to earn additional rewards or sold on exchanges. So, by holding BYDFi tokens, you not only participate in the growth of the platform but also earn passive income through BYD dividends.