How EOS business NZ owners Can Benefit from Inflation
EOS is eagerly waiting to reach a 1:1 ratio before they start their own inflation. Most people think that holding EOS business NZ is sufficient to profit from staking and paid services, but it’s not. Whether you own EOS tokens or not, it’s likely that you’ve heard that EOS transactions are free.
At first glance, this seems like a great way to entice users into using the platform. But what exactly does ‘free’ mean? In this article, I want to look at how EOS holders will benefit from this system of token distribution.
Stake EOS for staking rewards
Staking EOS for staking rewards can be a profitable way to earn passive income on the platform. Staking allows users to earn rewards by locking their tokens up in exchange for an opportunity to vote on block producers and block validators.
Further, to stake your EOS tokens, you’ll need to purchase an EOS wallet like Scatter or Trust Wallet and then use it to interface with either an Ethereum-based wallet or another exchange holding your funds like Binance.
You can then stake your tokens by transferring them into that wallet address and waiting for them to mature before being able to start earning interest through staking rewards.
Earn EOS by curating dac-services
EOS has been criticized for its inflationary model, which has led many people to question whether it will be profitable in the long term. However, there are a number of ways that EOS holders can profit from the inflationary model and earn money from their tokens by doing nothing more than holding them in their wallets.
Dividends on EOS-based tokens
Many developers have created their own tokens on top of the EOS platform; even they go through business coaching to fix things. These tokens are often used as payment for services rendered by a particular project or startup.
They can also be traded on exchanges like any other cryptocurrency once they’re listed there. If you hold these tokens in an EOS wallet, then you’ll receive dividends when they’re used by others on the network.
Growth in price due to adoption and usage
As more users start using EOS business NZ Apps and buy these tokens from exchanges, then their prices will rise up with demand. This is how most cryptocurrencies work; when people find something useful to them, then its value increases over time as more people want to use it.
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