There has never been more options to earn passive income on the HIVE blockchain.
Is it just me or has there been a massive influx of passive earning projects on the HIVE blockchain? The vast majority of this activity involves either delegating tokens or holding tokens and earning additional 2nd layer tokens.
Added Token Utility & Earning Potential
Rewind to about 6 months ago and virtually none of these project existed or were in their infancy, fast forward and there's now more ways to earn passively than ever before.
Many 2nd layer tribe tokens at there core serve only as a rewards token for social engagement be it through content creation, communication, curation etc.
I think one of the problems that is solved here is that curation can be time consuming and even a little messy if you're holding multiple tokens. LeoFinance did offer a solution with being able to adjust the weight of each token but that hasn't stopped many from creating separate curation accounts to to maximize their gains.
Recent developments by BroFi now give bonus utility to many coins that really didn't offer much to holders previously.
Sure some people have their favorite tribes and will hodl until the day they die but many are content to earn their tokens and dump them in exchange for HIVE. That mentality may start to shift as passive income opportunities provide an additional level of utility, incentivizing users to hold their tokens and put them to use farming other tokens.
Many of these projects will put your stake to work for you! All you have to do is sit back and earn truly passive income.
Passive Income Projects On the HIVE Blockchain
There's now many option to earn passively it's almost overwhelming and I expect more to come! Have we reached peak passive HIVE?
DHEDGE
INDEX
UTOPOS
LBI
SPI
BRO
BroFi
ARCHON
EPC
EDS
Some projects are based on curation, some are revenue shares, some have decentralized consensus, and some even have off-chain sources of revenue but they all have one thing in common.
All you have to do is hold them in your wallet to earn an APR%
I'm not going to go into detail about each project but the token links are above and you can start your investigation there or feel free to ask questions below. Happy earning!
Ciao for now,
Posted to Publish0x here
Social Links: LeoFinance | Publish0x | D.Buzz | Noise.Cash
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Posted Using LeoFinance Beta
Thanks for sharing!
For archon you do need to stake them first.
I don't know about the other tokens.
Posted Using LeoFinance Beta
Yeah fair enough, for many of them they do need to be staked.
Posted Using LeoFinance Beta
There's EDS too, SPI's little brother. 😊
Posted Using LeoFinance Beta
I knew I would miss some! Tnx for this I will take a look and it..
Posted Using LeoFinance Beta
Whats the go to project for delegating Hive Power? I barely use the blogging side of the chain anymore as I find regular social media activity a bit too impactful on my psyche.... but I would still like to make the best of my small stake if theres a decent recommendation?
Posted Using LeoFinance Beta
I would love to get involved but I have very little knowledge on how to proceed. Please do you have detailed guide on how to start. And how to find my way on the Hive engine. I would really appreciate if you can help. Thanks
Posted Using LeoFinance Beta
If you click the links I posted above for individual tokens it will take you to the corresponding hive engine page with info about the tokens. Each of these projects publishes info fairly regularly so you should see it pop up from time to tie on LeoFinance
Posted Using LeoFinance Beta
thanks for compiling this list of passive income opportunities! That's a great starting point for own research! Which tokens do you hold for APR?
Posted Using LeoFinance Beta
Right on! Lots of opportunities out there now.. I have some BRO, ARCHON, LBI and I delegate a little PAL, STEM to @brofi
Posted Using LeoFinance Beta
i hold some of those mentioned above and i also delegate most of my hive and some other tokens as well!
Posted Using LeoFinance Beta
Sounds like a good mix!
Posted Using LeoFinance Beta
Thanks for this list @agr8buzz. It will help me to explore all the options. ;)
DHEDGE ✔️
INDEX ✔️
UTOPIS
LBI ✔️
SPI
BRO
BroFi
ARCHON
EPC
Will invest something in everything from time to time. Let's play the game. 🤞
Posted Using LeoFinance Beta
Collect em all!
Posted Using LeoFinance Beta
All may not fit :D Good day !
Posted Using LeoFinance Beta
I am looking forward to seeing rewards for using https://tribaldex.com/. This tool will give oue even more variability in getting passive income. But, all the same, the hands are asked to knock on the keyboard to write messages. It's hard for someone who has been creating content for a long time to stop.
Posted Using LeoFinance Beta
Cool, I haven't really investigated tribaldex..
Posted Using LeoFinance Beta
sweet!
Posted Using LeoFinance Beta