How does schd distribute dividends to users holding digital currencies?

3 answers

• Chanyeong ParkSep 17, 2024 · a year ago
  Sure! When it comes to distributing dividends to users holding digital currencies, schd follows a transparent and automated process. Firstly, schd calculates the total amount of dividends to be distributed based on factors such as trading volume and user holdings. Then, this amount is divided proportionally among the users based on their holdings of digital currencies. The dividends are usually distributed directly to the users' wallets on the schd platform. It's important to note that the distribution frequency and the specific digital currencies eligible for dividends may vary depending on schd's policies.
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• gakkioxJul 11, 2021 · 4 years ago
  Distributing dividends to users holding digital currencies is a way for schd to reward its users and incentivize them to hold their digital assets on the platform. By distributing dividends, schd shares a portion of its profits with the users. This can be seen as a form of passive income for those who hold digital currencies. The distribution process is usually automated and based on the users' holdings. The more digital currencies a user holds, the higher their share of the dividends. It's a win-win situation for both schd and its users.
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• A ShaladiJun 06, 2023 · 2 years ago
  As a representative of BYDFi, I can provide some insights into how schd distributes dividends to users holding digital currencies. Schd has a unique dividend distribution model that aims to reward users for their loyalty and support. The distribution process is based on the users' holdings of digital currencies on the schd platform. The more digital currencies a user holds, the higher their dividend payout. Schd calculates the dividends based on factors such as trading volume and user participation. The dividends are then distributed directly to the users' wallets on the schd platform. It's a great way for users to earn passive income while holding their digital assets.
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