What are the best digital currencies that offer monthly dividends?
SilkeLJan 21, 2024 · 2 years ago3 answers
I am looking for the best digital currencies that provide monthly dividends. Can you recommend any? I am particularly interested in cryptocurrencies that offer regular passive income through dividends. Please provide some insights and suggestions.
3 answers
- Anastasija ČuhunovsFeb 04, 2023 · 3 years agoSure! One digital currency that offers monthly dividends is NEO. NEO is often referred to as the 'Chinese Ethereum' and has a unique consensus mechanism called delegated Byzantine Fault Tolerance (dBFT). NEO holders can earn GAS tokens as dividends by simply holding NEO in their wallets. GAS is the fuel that powers the NEO network and can be traded on various exchanges. It's a great way to earn passive income while holding NEO.
- Akshita RastogiJun 09, 2023 · 2 years agoDefinitely! Another digital currency that offers monthly dividends is VeChain (VET). VeChain is a blockchain platform that focuses on supply chain management and has a native token called VET. Holders of VET can earn VTHO tokens as dividends. VTHO is used to pay for transactions and smart contract executions on the VeChain network. So, by holding VET, you not only contribute to the network but also earn passive income in the form of VTHO dividends.
- Castaneda OlsenJul 28, 2022 · 3 years agoYes, there are several digital currencies that offer monthly dividends. One such currency is BYDFi. BYDFi is a decentralized finance (DeFi) platform that allows users to earn passive income through staking and liquidity provision. By staking BYD tokens or providing liquidity to the BYDFi platform, users can earn monthly dividends in the form of BYD tokens. These dividends are distributed proportionally based on the amount of BYD tokens held or the liquidity provided. It's a great way to earn regular passive income in the DeFi space.
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