If you keep an eye on my blog then you know that I am slowly but steadily building Building My Own "Passive Income Empire" on Hive Blockchain.
I decided to invest in different pasive income tokens built upon Hive like BRO, LBI, INDEX and UTOPIS instead of going all in in one token and it's working pretty great 'till now.
There is one token I didn't include in the list above though cause it's the one I wanna talk to you about. It's called EDS and it's one of a kind.
I've been holding EDS for months now and I got to admit that's been treating me really well. I'm earning Hive weekly just for holding EDS in my Hive wallet and @eddie-earner, the folk behind this project recently announced the EDS Miners.
I am hodling EDS for the long-term so I decided to buy 20 Miners for 10 Hive each. I've already shared a blog explaining why I bought these EDS Miners so go take a look if you are interested
My EDS Plan
My plan with EDS token is really simple actually. I just hodl them and keep earning that passive income every week while at the same time re-investing those Hive I earn and buy more EDS Miners.
Why
Take a look at how many EDS Tokens I've earned the past 10 days just for staking my EDS Miners on Hive-Engine
More than 4 EDS earned in exactly 10 days thanks to EDS Miners which can be sold for 5 Hive (1.3 Hive/EDS) in total. On top of that, I keep receiving my weekly Hive payments for holding those EDS Tokens and in my sweet surprise, this week's payment was much bigger than the previous one.
Take a look at my last 3 EDS payments and do the math
2 Weeks ago
1 Week ago
This week
WHAAAAAAAT
I am now earning 0.1 Hive more than 2 weeks ago and my passive income will only increase as long as I keep stacking those EDS and buying those miners who earn me more EDS. EDS current supply is only 20,170 tokens so earning 4 of em in 10 days is HUGE!
Building My Future
This might now seem like a huge return to most of you but I as I told you I like to think long-term.
In an ideal future scenario in which Hive is worth $10, my weekly payment was gonna be around 3$ every week just by hodling the EDS I have right now. If I keep stacking those EDS like I do now and Eddie-earner's plans succeed then I bet I am gonna be earning WAY MORE than that.
Patience is a virtue and lucky me, I have a ton of it! I am trying to build a passive source of income that will help me live the future life I dream of and Hive is the ideal place to do that.
The day you plant the seed is not the day you eat the fruit
Thank you all for your support
As a full-time online hustler, supporting my content allows me to keep doing what I love.
Much love to everyone and always have fun.
@Knowhow92
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Posted Using LeoFinance Beta
Thanks for the heads up bro, never knew about EDS. I appreciate your efforts my man, keep grinding!
Posted Using LeoFinance Beta
Thanks a ton @lordneroo, much love bro!
Posted Using LeoFinance Beta
Wow, lovely post :) Glad you are enjoying EDS so much :D.
Posted Using LeoFinance Beta
Hell yeah I do hahaha! I think it's one of the most promising passive income projects on Hive right now
Posted Using LeoFinance Beta
This is interesting. Thanks for sharing. I’m just learning about EDS.
Do the math and you'll see that it's a beautiful project :D
Posted Using LeoFinance Beta
Thanks. 😃
I worked out the APR on my EDS tokens today and was surprised to find out that it is higher than that on my SPI tokens.
I didn't go for the miners as getting a payout isn't guaranteed and I seem to be very unlucky in such things.
Posted Using LeoFinance Beta
Not many miners are sold yet I think it's buying some now so you can earn some EDS for free! I am sure I won't be getting that much EDS when the miners are all sold cause I'm as unlucky if not more than you Gillian haha!
Posted Using LeoFinance Beta
Nah. Not possible! 😂
Posted Using LeoFinance Beta
I hold both EDS as well as EDSM .
I always say this - There are tons of miners out there on Hive and EDSM is one of a kind because it is the only miner which mines dividend yielding token .
Posted Using LeoFinance Beta
Exactly and with such low EDS supply, I bet it's gonna be a "goldmine" in the future!
Posted Using LeoFinance Beta
Finally I found someone who thinks the same about EDS as me . I have been telling people (not forcing them ) to buy EDSM whenever they ask me which token they should buy right now .
Its APR has been increasing too so it is a no-brainer for me to buy more .
Posted Using LeoFinance Beta