How to spent your profits.
Making money off speculation is wonderful. It is what we do after we sell that is important.
EDS is a nice option.
https://leofinance.io/@spinvest/moving-from-speculation-to-income
Posted Using LeoFinance Beta
You are viewing a single comment's thread from:
I love EDS , I am thinking of investing more in EDSM which mines EDS but I really think they should have reduced the lottery frequency to atleast once in 3 hours or 4 hours .
Posted Using LeoFinance Beta
It is really a good project which is taking advantage of the inflation of Hive.
I believe it is paying around 15% right now. That is a helluva return on an income token.
Posted Using LeoFinance Beta
Yea my EDSM were a killer since I got lucky in the first round. I think my ROI on it has already given me over 30%.
Posted Using LeoFinance Beta
Yeah I know ..those who got in early definitely got good returns .
Since EDS returns hive too , I am sure it is a great investment.
Posted Using LeoFinance Beta
Yea its a decent token. The prices have jumped up a bit now and it was sold for a bit cheaper earlier in the year. I was trying to flip some EDS to profit off a slight price hike during that time. But I think it ran after I made slight profit in HIVE. Should of known the flipping business was unrealiable.
Posted Using LeoFinance Beta
I'm an ignorant pleb and have no idea what EDS is :P ( is it like lbi for hive ? )
Posted Using LeoFinance Beta
It is an income token on Hive-Engine.
Anyone who buys it gets a weekly payout. Now the rate is about 15% APR.
Posted Using LeoFinance Beta
cool, thanks for the explanation :) I think from curating and inflation you get around 10% on hive
Posted Using LeoFinance Beta
It fluctuates but probably a good rule of thumb. I get below that with my hive in my le account but that is because I vote a lot of comments and that ends up getting burned.
The APR for EDS should go up as more miners are sold. It is using the inflation aspect of hive to deliver a return.
Posted Using LeoFinance Beta
maybe you should delegate the hive from the le account to the hive account, it would be more efficient
Posted Using LeoFinance Beta
Actually I think the latest payout was like 20% but I could be wrong. They actually have some LEO delegated out to them to buy tokens off the market and burn them too.
Posted Using LeoFinance Beta