This one is a no-brainer. Liotes Miners, of course. LENM. All it does is pay me LEN every single day and then with the buy wall the founders have created, I can sell that LEN whenever I want for a good price. There have been a number of times where I'm like, "Where can I find a few dollars to get some of this or that?" and LEN is always there for me.
Now, after the obligatory homage to the founders has been paid, I will move to my 2nd favorite: EDSM & EDSMM.
This one I bought 2 yrs ago and decided I was just going to hold it and see what happened. Well, I am now approaching 300 EDS, which are pegged at 1 HIVE each, and those EDS have grown to pay me just under 2 HIVE a week in dividends. So, in two years, I have received around 100 HIVE and 300 EDS, which is approaching the 500 HIVE I put in, and the EDSM could probably be sold for double what I paid for them. In the meantime, I bought some of the EDSMM over the last couple months and am continuing to grow my stake. I just plan on letting this roll day after day and see where it ends up in another 5 years. The weekly dividend doesn't seem like much but it pays in HIVE and the number of HIVE it pays will just keep growing, regardless of what the price of HIVE does. In other words, hopefully in 5 years when HIVE is at $10 plus, I'll be getting 7-10 HIVE a week, which will be like getting $10 a day in dividends. All for about $300 invested. Time will tell.
The last one I'll mention is LBI. For the last year I was receiving LEO dividends every week. The dividends have been paused as the fund does another build-up of assets to invest, but the LBI is currently worth over 2 LEO each and the initial investment was at 1 LEO per LBI. This is another one that if and when the underlying token (LEO) starts performing, the financial rewards will be outstanding. I was getting about 15 LEO per week as a dividend. Again, that's not much at 5 cents, but at $1 that would be $60+ per month. All part of trying to build a passive income down the road.
Posted Using LeoFinance Beta
To be honest, that was our plan from the beginning... That people put their LENM to work and accumulate earnings in LEN tokens as a "savings account"... And when they need the money, they have enough liquidity on the market to do it... In the meantime, we added the 2nd level with the diesel pool where you can put your LEN tokens to work too... and have them liquid whenever you want... ;)
It works for me. I'm not kidding, there have been multiple times where I need to get my hands on some quick Hive for something. Not a ton obviously, but enough to actually buy a few of the smaller tokens. LEN works great for that. It's like a little faucet you can use when necessary.
Thanks for pointing them out :-). We know they are good but we are always greatful when other people see it as well :-).
We have quite a lot of EDSM with Liotes. They give very regular payouts and we are quite happy with them. So far we didn't invest in LBI because we were quite heavy in LEO until a few months ago. Thanks for your great comment!
3 credits added for the liotes ranking