They say Warren Buffet have no assets in the gold. I am sure he has his reasons for that. Most of his assets are in something that has dividend component. Like he invests into business that generate some return value.
This brings you to the point where you too have to think of such form of investment where your staking and the dividends would earn you passively. In crypto world you don't have dividend stocks exactly but you have staking.
Ethereum itself has this concept along with many of it's layer 2 tokens following the same format. Other blockchains have their own means for staking too.
So what makes staking popular and important in the times like this?
Staking is Passive
You have Ethereum to stake? Good. You can use the POS leader and stake your tokens into his pool. And based on the agreed upon rewards you would be getting on the timely basis.
Isn't this fantastic? You are generating the passive rewards out of the staking. You are also making a good progress through staking the tokens into the better blockchains like Ethereum, Polkadot, Solana etc.
Hive has staking in the form of HP delegation, you can try various popular curator accounts to earn the Hive rewards for delegating your HP.
Hive has dividend too (sort of)
Banks don't give you more than 1 percent if you keep your fund in a locked deposit with them. But Hive can offer you 20 percent of the return if you happen to keep the HBD in savings.
So you have dividend part covered in the Hive too. Hive seems to have a lot of rewards that we experience. But it's always a good idea to diversify yourself with the other altcoins too, just to be safe.
Do you know you can stake on CubFinance too? It has flexible staking which many of the investors would love. It's like you use it on Binance earn where you keep the funds and also get to take them out when you want.
Do you want fixed term staking? You can have that too. Check out the fixed term staking of Cub in this post.
What is your preference? Staking? or dividend? or both?
Posted Using LeoFinance Beta