There are few things in this world that if you buy them you keep getting more and more of them for free. Reflective investment tokens are one of them. The way it works is you lock your crypto in a contract and you earn more of the token you staked.
If you’re a long-term crypto investor, it makes perfect sense to stake your holdings and earn passive income. Otherwise, you’re turning down free money. Here are three DeFi tokens that you can invest in that also offer passive income.
Gnox token is just what the money doctor ordered for those who want to safely invest in crypto long-term and collect passive income on their asset. All you have to do to get your share of the Gnox treasury — a diverse portfolio of cryptos — is to buy and hold the token. It’s called “yield farming as a service.”
Gnox offers several great benefits for long-term investors and early adopters. For starters, the token is eternally deflationary. Every month, GNOX tokens are bought back off exchanges and burned, thus reducing the circulating supply and raising the price of GNOX. Because the treasury is constantly growing and thus the passive income is constantly growing, the rate at which GNOX tokens are burned is constantly accelerating.
On top of that, a 1% royalty on all aftermarket sales of GNOX is redistributed back to holders. This happens once every hour. You can check your wallet and watch your balance grow throughout the days, months, and years to come.
The Gnox platform doesn’t actually launch until August 18th, but that is a good thing. You can get in a private presale and get GNOX at a great discount before it hits exchanges (if it hasn’t sold out already).
Binance Coin (BNB)
With a nice head start, very few projects have the potential to unseat Binance as the #3 cryptocurrency (by market cap after Bitcoin and Ethereum). With its lower fees, faster transactions, more powerful trading tools, and abundant passive income opportunities, BNB has become a mainstay of crypto investors. For one nice example, you can stake BNB using TrustWallet and earn a 30% APY.
SpookySwap is a fast-growing decentralized exchange (DEX) built on top of the Fantom blockchain. In addition to letting users swap tokens, the BOO token lets users earn passive income. By staking your BOO, you get back xBOO which acts as a receipt of your BOOs. Then you can stake xBOO in the partner pools. When holders of xBOO back to BOO a fee is collected. 15% of that fee is airdropped back to stakers.
In addition to earning passive income on your BOO, there’s a chance that the BOO token could pull a 20X run-up before the decade is over.
If you’d rather not take the time to deal with building a piecemeal portfolio and make the effort to find staking opportunities, then you can simply buy GNOX. BOO and BNB will both likely be in the Gnox portfolio at some point.
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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