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Exploring Tokens Paying Dividend

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@reeta0119
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3 min read

I have seen a couple of posts about the projects that pay dividends for holding their tokens and I think that I should surely explore this side of the ecosystem. I may be slightly late because I was not aware of it earlier but hope that I will be able to get benefits even now. It is a very interesting concept that we get to earn just for holding tokens so there will be two ways to earn. First, I can earn when the token value appreciates, and second I will continue to earn weekly through dividend payout by the project. This will continue till the time I am holding this and I think this is the best way to earn money because I will not required to do anything and increasing is it will also increase my recurring income. I like this concept a lot because there is just one action required which is to buy the token and HODL. Just for the holding tokens, we are earning and I don't think there could be another better way to earn.

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I am a big-time fan of stake and earn and have been following the same with some of my crypto holdings including bitcoin and ethereum but I did not know that it could be possible here too. Although in another platform I get ethereum for holding ETH but here I will earn many tokens for holding the native token which is even more exciting.

I spent some time figuring out what are the tokens that I can buy and hold to earn dividends. These are Brocoin, Utopia, and Index coin. These tokens come with different Price values. Few tokens that are providing this kind of benefits are -

  • Index

  • Brocoin

  • Utopis

I am exploring more about these coins and checking information like the market price, rich list, and overall stability. I can see that many known people are part of the rich list so trust is not the issue but its important to decide which coin to start with. I don't have huge money but I want to buy the one regularly so that I can growing to hold and after a certain period o time I will be in a position to earn something that looks decent earning.

Here is the chart of these 3 coins and out of these 3 Index is the one that comes around 0.50 Hive token and Bro is higher value coin whereas Utopis can be considered a midway.

Index

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Brocoin

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Utopis

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This is a new goal that I will be adding in my goals and hopefully, it will help me earn a good amount of passive income. Passive income is very important and in the crypto space, I am on it creating a portfolio where I can earn even when I am sleeping. There is no better way than earning for doing nothing and its about taking the right decision at the right time. I always say that I learn every day and this is another thing that I have learned this week and I am on it to make it part of my portfolio. What would you suggest me to choose and any suggestion will be very helpful.

Thank you so much

Stay Safe

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