What does div/yield mean in the context of cryptocurrency?
Uatkarsh ShingadeMay 01, 2022 · 3 years ago1 answers
Can you explain the meaning of div/yield in the context of cryptocurrency? I've come across these terms but I'm not sure what they refer to. Could you provide some insights on their significance and how they are related to cryptocurrency?
1 answers
- May 01, 2022 · 3 years agoDiv and yield are two important concepts in the world of cryptocurrency. Div, or dividends, refers to the distribution of tokens or coins to holders as a form of reward. It's like getting a bonus for holding a particular cryptocurrency. Yield, on the other hand, refers to the returns you can earn by staking or lending your crypto assets. It's a way to earn passive income by participating in the network. Both div and yield provide opportunities for investors to earn rewards and generate income in the crypto market. They are important considerations for anyone looking to maximize their returns and make the most of their investments in cryptocurrency.
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