Which cryptocurrency pays a fixed dividend to its holders?
Pavan PwsDec 27, 2021 · 3 years ago3 answers
Can you recommend a cryptocurrency that offers a fixed dividend to its holders? I'm looking for a cryptocurrency that provides regular income to its investors. Are there any specific cryptocurrencies that have a dividend payment system in place?
3 answers
- Dec 27, 2021 · 3 years agoYes, there are several cryptocurrencies that offer a fixed dividend to their holders. One such cryptocurrency is NEO. NEO is often referred to as the 'Chinese Ethereum' and it has a unique feature called GAS. GAS is generated by holding NEO in a compatible wallet, and it can be claimed periodically as a dividend. This provides a passive income stream for NEO holders. Another cryptocurrency that offers a dividend is KuCoin Shares (KCS). KCS holders receive a daily dividend based on the trading fees collected by the KuCoin exchange. So, if you're looking for a cryptocurrency that pays a fixed dividend, NEO and KCS are worth considering.
- Dec 27, 2021 · 3 years agoSure, there are a few cryptocurrencies that pay a fixed dividend to their holders. One example is VeChain (VET). VeChain is a blockchain platform that focuses on supply chain management and has its own native token, VET. Holders of VET are eligible to receive VeThor (VTHO) tokens as a dividend. VeThor is used to pay for transactions and smart contract executions on the VeChain network. Another cryptocurrency that offers a fixed dividend is Pundi X (NPXS). NPXS holders receive a monthly airdrop of NPXS tokens as a dividend. These tokens can be used for transactions and discounts within the Pundi X ecosystem. So, if you're interested in cryptocurrencies that pay a fixed dividend, VeChain and Pundi X are worth exploring.
- Dec 27, 2021 · 3 years agoAbsolutely! One cryptocurrency that pays a fixed dividend to its holders is BYDFi (BYD). BYDFi is a decentralized finance platform that offers a unique staking mechanism. Holders of BYD tokens can stake their tokens and earn a fixed dividend in the form of BYD rewards. The dividend is distributed proportionally based on the amount of BYD tokens staked. This provides a passive income opportunity for BYD holders. So, if you're looking for a cryptocurrency that pays a fixed dividend, BYDFi is definitely worth considering.
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