EDS: 21.6% On An Income Token

Cryptocurrency is filled with ideas of Lambos and mooning. Speculation is the order of the day, every day. It really has turned into a casino.

However, amid the chaos of seeking 25x returns, it is often good to step back and remember some sound money management principles. Here is where we see those who keep growing their money from the ones who potentially lose it.

Income tokens are a great way to cool things down a little bit. Sure, we all want the mooning, and in bull markets that can happen. However, we know that at some point, the proverbial bear will return.

Even in something as boring as this, cryptocurrency can far outpace what is provided in the traditional system.

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For example, the EDS token is on Hive-Engine. It is an income token that was sold a while back to provide people with a steady, weekly return. Over time, the system is geared to increase the ROI.

What is fantastic about this is that it is a passive opportunity for the token holder.

The miners are doing even better. There are about 950 left and that ROI is presently 35% annually.

I bought 1,250 EDS tokens when they went on sale. They were 1 Hive apiece. Last week's payout was 5.195 Hive, an amount that equated to 21.6% on an annualized basis.

Will this make me rich?

Not at all. Nor is it designed to. I guess if I had a much bigger stack of income tokens, it could happen over time.

However, the idea is to get a steady flow of money coming in. Yes, there are still opportunities to chase the moon and Lambos. This is a more reserved play with part of the portfolio.

If we go speculation all the time, eventually the market will get us. Do not forget, its objective is to separate us from our money. There are pros out there in every asset class looking to feed upon others. They have more information, faster machines, and a knowledge that many of us do not. In some instances, they even have the game rigged in their favor.

Of course, this does not mean that massive profits are out. We all know there are winners to be found. Yet, when it comes to money management, sometimes we have to take some of those profits off the table.

The question is what do we do with the profits after we get them? Here, the decisions we make are key. If we roll all profits back into speculative opportunities, eventually there stands a chance to get bit.

On the other hand, if we take some of the profits and put them in income producing assets, whatever they might be, then we are providing ourselves with some cashflow.


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The search for yield is always on. Traditionally, this is what made the bond market so attractive. People could put their money in something like US Treasuries to earn 8% or even 10%. No more. The return on that asset class is dog meat.

It is the same throughout the world. Many of the traditional mechanisms are not longer viable. From an income perspective, there is still real estate and perhaps some blue chip dividend stocks although it is likely that the price run up has killed the return on them.

Here we see where the crypto world is still in need of catching up. DeFi is mostly about speculation. This is the present mindset. To truly take over a majority of the financial activity, we need to have a lot of fixed income offerings. Over time, these will come as the industry matures.

In the meantime, Hive has its own income token that provides a weekly payout. The return is over 21% right now. This is not something that truly excites the wacky world of cryptocurrency but it is a return that would make many investors in the traditional financial arena drool.

With the tendency to always have the pedal to the metal, it is good to have some of our money in a position where we can fall back upon if need be.

It is not glamorous; it is not going to get the blood flowing; nor will it likely make one rich.

What it does do is provide a steady return, year in and year out.

This is the goal of income assets.

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I will look into the EDS miners.

I currently am in the BRO / Dhedge / Archon / Mpath / SBI / LBI tokens for income/dividends.

I do some BroFi also but it is a different type of token.

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Yeah BROFI is completely different. Not a bad option. I started to send some stuff over to it.

Not getting a lot of BRO out of it but at least the tokens are going to curation and such. Help out those communities if nothing else.

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If I can average 20% return, I could stop saving - at least in my traditional accounts. I think that might be investment as I start to meet other account goals. There comes a point where curation from small accounts does not seem to provide opportunity as getting cash flow like these investments do. I might need to consider these vs powerups down the line.

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That might be true if you look at everything from an ROI perspective.

However, staking is also tied to influence and the more people keep staking, the more influence they have.

So those who tend to overlook this fact get overlooked in their posts. It is simply how it seems to work.

It really is a fine line that people have to walk.

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This is the first time I've heard of EDS tokens... I really don't do much in the way of miners and farming, but a good chunk of my HP is delegated and working hard for me. And my own content and curation are obviously a part of the passive income picture. Always more to learn! :)

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There are lots of ways to approach this. We are seeing more opportunities arising on a regular basis.

That said, it is important to stay focused upon our core activities. In my view, that is where it all stems from. Many want to take shortcuts and that is not the path to success. Sure, if one has a boatload of money that will work but outside of that, it is not going to be easy.

This is why I think Hive offers a great way for people to keep filling their bags while enhancing their positions. That puts them in a situation where they can take advantage of the opportunities as they arise.

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That is pretty good
I like passive income
I am currently on cub only but I have to take a look at these projects

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I didn't know about EDS token before I will do my research on it let see if it have future in crypto space

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Wow! This will not make anyone rich but it can off the bills at least. I have also bought CTP miner and token. I think it’ll jump like leo. Lets see!

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There is nothing better than the dripcoins on Hive. EDS, Archon, Dhedge, BRO, LBI...love 'em. Always growing. Slowly, but growing.

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I taught that LBI will do this but I get zero out of it.

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If I understood correctly LBI is not about dividends but appreciation, don't underestimate it though..

Even if the return is not liquid and "feels" different because of it appreciation can still be pretty big.

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There are dividends, they are calculated each week.

The community decided to reinvest them for the first 3 months and now that was renewed for another 3 months (I believe).

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Thanks for clearing this up, just read the earnings report and seems about right:

We are still a young project and it's better to build slowly compared to looking back in 2 years and thinking, we should have laid better foundations. We will continue to aggressively power up LEO up until LBI dividends begin whenever that is. From a growth POV, the longer div's are held off the better it is long term for LBI. We might be able to have our cake and eat it too if we play our cards right.

So it's still unclear when dividends will start, don't mind the wait personally :-)

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I think the vote was in March so it will come up again in June.

But do not hold me to that. I might be off. Just going from memory here.

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This article made me think it didn't have dividends at all..

https://leofinance.io/@lbi-token/lbi-issuing-price-increase-1-lbi-1-20-leo

It's considered to be a growth token rather than an income/dividend token. Even though like you said, it will probably be paying some dividend in the future..

Is LBI a dividend/income token?
No, LBI is a growth token, you HODL it and the price goes up. I have seen in many comments that some people are concerned about dividends and also why CUB earnings are not included they claim that they are losing money from curation etc, airdrops, etc.

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i went to go look these up and i realized i already had one of the miners- it's hard to keep track of the lesser known tokens, i guess. you'd think id remember the bumblebees man... it has already paid out some EDS.

i personally get excited about the tokens with the passive daily and weekly tokens... hive compounding has already made me a hundredaire🤡

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That is good. Glad to see it.

I dont have any miners but I did buy some EDS. The miners are doing well from what I hear, not that I pay a great deal of attention to that.

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It beats anything you get in the normal financial world and the passive income is definitely great. I still think UTOPIS is probably the best token right now but EDS sure gives quite a bit back. I believe I heard that they have some LEO delegated to it right now and they are using it to buy back EDS and burn them.

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It beats it by a landslide and then some! Why do you think utopis is the best right now? Is the apr the highest, the way it's setup or the way it's going to grow? Just recently started buying some index, lbi, dhedge and bro.

Thing is, many of them have stakes in others or even pay out in other tokens.. So it's kind of hard to judge how much you're invested in the one from just looking at holding one. And therefor hard to make a decision which would be best I guess. Should we try to make an overview of them all? Or is there already..

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UTOPIS is an interesting situation since it is based upon the efforts of someone outside and he is using fiat to buy Hive which is paid out.

A novel idea and one that, if repeated 100 times, could end up really helping things.

I have no idea with the return will remain strong. There are other factors such as ETH mining which also come into play.

So, over the long term, there could be a lot of growth there. We shall see.

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Very interesting indeed, sounds like it's a pretty unique one compared to the rest of the bunch. Good option for diversification.

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I believe I heard that they have some LEO delegated to it right now and they are using it to buy back EDS and burn them.

I am not sure about that but it is possible.

There are things with a lot of these projects that are hard to follow. We are seeing a lot of expansion. UTOPIS is doing very well too, probably a higher return than EDS but it is a different make up from what I can see. If the one behind that takes a week off, the payouts will be down.

With EDS it is based upon a variety of factors so the payouts tend to be more consistent.

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Great advice mate, I think everyone is at times too busy chasing the lambo and not taking the small earnings. Gotta start somewhere

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Even if chasing the Lambos, not a bad idea to get some small earnings going. Steady passive income is a way to help yourself from going totally broke.

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When you think of the long term compounding 20% can do.. that's pretty impressive. Especially when comparing to the traditional system indeed!

Even 0.1% difference can be quite big (depending on amount put in) in the long term. Got some of the other tokens but will have another look at EDS!

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When you think of the long term compounding 20% can do..

It made Warren Buffett the richest man in the world at one point. Of course, he 20% his return over 50 years and started with $5 million.

Even without that start up, it shows how 20% can add up to a lot down the road.

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Yeah it's amazing, many a person got quite some riches from the traditional 7-8% market average.

Also, I could be wrong but I don't think everyone here is racing to become the richest person on earth. For me just some financial freedom will do just fine.

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Probably time to pick up a few more miners. Thanks for the reminder. :)

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Miners are not my think but they are doing well from the few who mentioned them. As one other commented, he already go some EDS with one miner.

I guess they are nice in what they generate especially since not all are sold right now so people are doing rather well with them.

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I've mined 4.14 EDS in about a month and half with 10 EDSM but you are right it has slowed down the last couple weeks as more EDSM have sold. Maybe adding 5 more will help pick it up again. :)

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Nice! I read the release when it came out but I was not in a position to buy any. I will look into it further. 20% is pretty good.


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I guess if you had a lot of EDS tokens and hive was worth more you could life of that income :)

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EDS is certainly nice. I have another problem on HE: overdiversifying, leading to spreading myself thin when I don't have enough funds to add to new promising projects. That's the reason why I skipped EDS when it was launched. But I do like both investment tokens and dividend tokens, and I like the predictability of slow and steady growth and am holding (and accumulating) several such tokens.

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