6 Hive Layer 2 Tokens that Reward HODL

in voilk •  2 months ago

    In real life we have plenty of assets that reward you for hodling the money. Say you earn some interest when you keep money for a deposit. You earn the interest on the stocks that you buy. And then there are some of the crypto tokens that have the same behavior if you put them on pool or you just HODL them.

    In our Hive blockchain we have the various set of the tokens on the layer 2. These tokens are going to reward you for the amount you actually hodl. For example some of the token reward you daily, weekly and some based on the amount you hodl they reward with curation.

    So here are some of the tokens that you can HODL and earn the rewards for your effort to keep them into the portfolio.



    BRO Token (Curation+Liquid Hive)


    I started my journey on HODL with this token. I have a lot of respect for the BRO guys. They keep their words and over the years they have the BRO tokens rewards going on. Like you HODL 10 BRO and you would start getting the curation on daily basis on 24 hr lockin. And also one a week they offer the liquid hive too. Though this may not be much in the grand scheme of things unless you own like minimum 100 BRO tokens. But it's all worth it once the momentum kicks in. I hope to some day hold atleast 200 BRO.

    EDS (Liquid Hive weekly)


    This is my 2nd preference and the amount of token that I am supposed to hold would help me get the weekly hive. For small amounts under 100 EDS stock you won't feel much rewards but once you start crossing 100 amount then the liquid hive that you get start to make sense. It is just higher amount that would help out. And then once certain amount is passed even the curation for your content kicks in too. So it's a good direction for that type of the HODL based coin.

    DAB (Daily Liquid Hive)


    I recently came across the DAB token. I know that it is from the same guys who made the BRO token. So there is a trust involved there. I heard the token is limited and it would carry some level of the value. And considering the daily hive drip you can see the value is visible as well. However how much to HODL and how much daily drip you want is upto you. It's a risk but it's worth taking if HIVE is what you need on daily basis.

    INDEX (Multi token drip feed)


    Once upon a time there used to be DHEDGE token and turns out the token is now gone. But INDEX continues to be there. Though it may not be easy to deal with the token as it changes the drips every now and then. Some of the tokens dripped are not even valuable. So I have kind of ignored it for some years. And turns out the drip feed like this would be good for the people who want to HODL other tokens in the drip feed. Like you have some funds to burn then this does makes sense.

    LGN (Liquid hive drip)


    Same team like BRO token, the new token here too gives out the HIVE on the daily basis. And another token that would be is LGN. There are multiple use case for this token and that is not the aim of this post though. You may however have to pay attention to the use case of the token like the LGN if you have plans to sell. It has some use case and it drip feeds the hive in general out of the token. So it's a good direction we are taking.

    SPI (Weekly liquid hive)


    SPI I kept for the last. It's the main canon of the most of the projects like EDS and saturday savers etc. And they offer the weekly returns for holding their token. If you have EDS then the SPI is another token to hodl and also it would earn you liquid hive. More you hodl the tokens the earning is going to earn the hive. So you should sell the useless tokens and buy the SPI, EDS, BRO family tokens instead. It'd earn you passive rewards.


    Layer 2 tokens on the Hive can earn you weekly or daily passive returns and it would be a good direction for your investment. I would recommend you to try out these tokens. Apart from that I'd also recommend the hive delegation but I'd make another post on that some other day.

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