Post
Topic
Board Altcoin Discussion
Re: This use case even make any sense?
by
noormcs5
on 25/01/2022, 16:04:41 UTC
Do you know that there are many tokens that offers nothing but rewards when holding them? They most times ends with ---nomics you hold the tokens you get some altcoins in your wallet every 4hrs or so, what is your view on such projects?

Can you name some of those projects?

As i understand, you are referring to staking whereby by holding (or staking) the coins, you either get the same token/coin or you get some more established token as a reward. Such staking options are mostly available on the binance smart chain. I don't like such tokens because they have no use case and most of these projects come to an end without giving us the ROI for holding.