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Which cryptocurrencies provide the highest dividend yield?

avatarBoris LouchartDec 26, 2021 · 3 years ago3 answers

I am looking for cryptocurrencies that offer the highest dividend yield. Can you recommend any specific cryptocurrencies that provide good returns through dividends?

Which cryptocurrencies provide the highest dividend yield?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Certainly! When it comes to cryptocurrencies with high dividend yields, one popular option is NEO. NEO is often referred to as the 'Chinese Ethereum' and offers a dividend called GAS. Holders of NEO receive GAS as a reward for holding NEO in their wallets. Another cryptocurrency worth considering is VeChain (VET). VeChain generates a second token called VTHO, which can be considered as a form of dividend. Both NEO and VeChain have shown promising returns in terms of dividend yield in the past.
  • avatarDec 26, 2021 · 3 years ago
    If you're looking for cryptocurrencies with high dividend yields, you might also want to consider NEM (XEM). NEM operates on a Proof-of-Importance (PoI) consensus algorithm, which rewards users based on their importance to the network. This importance is determined by factors such as the amount of XEM held and the number of transactions made. NEM has a reputation for providing consistent dividend-like rewards to its holders.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a popular decentralized finance platform, offers a range of cryptocurrencies that provide high dividend yields. With BYDFi, users can earn passive income through staking and liquidity mining. Staking involves holding certain cryptocurrencies in a wallet to support the network's operations and earn rewards in return. Liquidity mining, on the other hand, involves providing liquidity to decentralized exchanges and earning rewards in the form of additional tokens. BYDFi has a strong track record of providing attractive dividend yields to its users.