Are there any digital currencies that pay dividends like Nike stock?

3 answers

• Muthukumari MSep 24, 2023 · 2 years ago
  Yes, there are digital currencies that offer dividends to their holders. One example is NEO, which is often referred to as the 'Chinese Ethereum'. NEO holders are rewarded with GAS, a separate token that can be used to pay for transaction fees on the NEO network. The amount of GAS you receive as a dividend is proportional to the amount of NEO you hold. To benefit from these dividends, you simply need to hold NEO in a compatible wallet. Keep in mind that the dividend payout frequency and amount may vary depending on the digital currency.
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• lilyyerutherforddJan 05, 2024 · 2 years ago
  Definitely! Some digital currencies do pay dividends, just like Nike stock. One such example is VeChain (VET). VeChain holders are rewarded with VeThor (VTHO) tokens, which can be used to pay for transactions and smart contract execution on the VeChainThor blockchain. The amount of VeThor you receive as a dividend is determined by the amount of VeChain you hold. So, the more VeChain you have, the more dividends you'll receive. It's a great way to earn passive income while holding onto your digital assets.
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• MudassirNov 25, 2022 · 3 years ago
  Absolutely! There are digital currencies that pay dividends to their holders. One of them is BYDFi (BYD). BYDFi is a decentralized finance platform that offers a unique dividend system. Holders of BYD tokens are eligible to receive dividends based on the platform's revenue. The dividends are distributed in BYD tokens, providing an opportunity for passive income. To benefit from these dividends, you need to hold BYD tokens in a compatible wallet and participate in the dividend distribution program. Keep in mind that the dividend payout frequency and amount may vary depending on the platform's performance.
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