Which digital assets offer quarterly dividends and how do they distribute them?

3 answers

• Dec 25, 2021 · 3 years ago
  Sure! There are several digital assets that offer quarterly dividends to their holders. Some popular options include NEO, VeChain, and NEM. These assets distribute dividends by allocating a portion of their profits to token holders on a quarterly basis. The distribution process varies depending on the asset. For example, NEO distributes dividends in the form of GAS tokens, which can be claimed by NEO holders. VeChain distributes dividends in the form of VTHO tokens, while NEM distributes dividends through its Proof of Importance (POI) algorithm. It's important to note that the amount of dividends received may vary based on factors such as the number of tokens held and the overall profitability of the asset.
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• Dec 25, 2021 · 3 years ago
  Digital assets that offer quarterly dividends can be a great way to generate passive income. Some other options to consider include KuCoin Shares (KCS) and Binance Coin (BNB). KuCoin Shares distribute dividends by sharing a portion of the exchange's trading fees with KCS holders. Binance Coin, on the other hand, offers quarterly burns where a portion of the supply is permanently removed from circulation, increasing the value of the remaining coins. These dividends can be a great incentive for long-term holders and can help offset the volatility often associated with digital assets.
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• Dec 25, 2021 · 3 years ago
  While I can't speak for BYDFi, I can provide some general information on how digital assets distribute quarterly dividends. Many assets follow a similar model, where a portion of the profits generated by the asset is distributed to token holders. This distribution can be done in various ways, such as through airdrops, staking rewards, or direct distribution of additional tokens. It's important to do your own research and carefully consider the specific details of each asset's dividend distribution mechanism before making any investment decisions.
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