How can STON dividends be used to earn passive income in the digital currency industry?

3 answers

• May 18, 2022 · 3 years ago
  One way to earn passive income in the digital currency industry using STON dividends is by holding STON tokens in your wallet. STON tokens are distributed as dividends to token holders based on the performance of the platform. By holding STON tokens, you can receive a portion of the profits generated by the platform, providing you with a passive income stream. This method allows you to benefit from the success of the platform without actively trading or investing in other assets.
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• May 18, 2022 · 3 years ago
  STON dividends can be used to earn passive income in the digital currency industry by staking your STON tokens. Staking involves locking up your tokens in a wallet to support the network's operations. In return for staking your tokens, you can earn additional STON tokens as rewards. These rewards can be considered as passive income since they are generated by simply holding and supporting the network. Staking also helps to secure the network and maintain its decentralization.
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• May 18, 2022 · 3 years ago
  Another way to earn passive income in the digital currency industry with STON dividends is by participating in liquidity mining programs. Liquidity mining involves providing liquidity to decentralized exchanges or lending platforms by depositing your STON tokens. In return, you can earn additional tokens as rewards. These rewards can be considered as passive income since they are generated by contributing to the liquidity of the platform. BYDFi, a popular decentralized exchange, offers liquidity mining programs that allow users to earn passive income with their STON tokens.
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