common-close-0
BYDFi
Trade wherever you are!

How many cryptocurrencies offer dividends based on the number of shares held?

avatarDarlen SavaDec 14, 2021 · 3 years ago3 answers

I am curious to know how many cryptocurrencies provide dividends to their holders based on the number of shares they hold. Can you give me some insights into this? Are there any specific cryptocurrencies that offer dividends in this way?

How many cryptocurrencies offer dividends based on the number of shares held?

3 answers

  • avatarDec 14, 2021 · 3 years ago
    Yes, there are several cryptocurrencies that offer dividends based on the number of shares held. One example is Neo (NEO), which operates on a proof-of-stake consensus mechanism. NEO holders can earn GAS tokens as dividends by simply holding NEO in their wallets. Another example is VeChain (VET), a blockchain platform that offers VeThor (VTHO) tokens as dividends to VET holders. These dividends are generated based on the amount of VET held and the duration of holding. So, if you are looking for cryptocurrencies that provide dividends based on the number of shares held, NEO and VeChain are worth considering.
  • avatarDec 14, 2021 · 3 years ago
    Absolutely! Many cryptocurrencies have implemented dividend programs to reward their holders. For instance, NEM (XEM) offers dividends in the form of harvested blocks. By holding XEM in your wallet and participating in the NEM network, you can earn a share of the transaction fees generated by the network. Another cryptocurrency that offers dividends is PIVX (PIVX). PIVX holders can participate in the Proof of Stake (PoS) consensus and receive staking rewards, which are distributed based on the number of PIVX coins held. So, if you are interested in earning dividends through cryptocurrency holdings, NEM and PIVX are worth exploring.
  • avatarDec 14, 2021 · 3 years ago
    Yes, there are several cryptocurrencies that offer dividends based on the number of shares held. One such cryptocurrency is BYDFi (BYD), which is a decentralized finance platform. BYDFi holders can earn dividends by staking their BYD tokens. The dividends are distributed based on the number of BYD tokens held and the duration of staking. Apart from BYDFi, there are other cryptocurrencies like Cardano (ADA) and Tezos (XTZ) that also offer dividends based on the number of shares held. These dividends are generated through staking or participation in the network consensus. So, if you are looking for cryptocurrencies that provide dividends based on the number of shares held, BYDFi, Cardano, and Tezos are worth considering.