oh I'm sorry I'm not talking about a specific token, my question was about these types of rewards project in general
Okay, I thought that you're talking about a certain token. Well, going with that question, token rewards that don't have the feature to stake or mine it.
They're actually good. It's like that you're getting a cash back for using a certain service. It's one way to attract more users and investors because that's what we like but knowing how many are successful with this type of token, no idea.
It's actually like owning a share on a company and receiving a dividends just by holding
Yeah, like staking.
A lot of the same model has been there in the market but you'll see more unsuccessful projects than of those that are successful. It's a good passive income but you have to be picky when it comes to this because not all of them are going to be worth the buck you'll place on them.
As long as the token still has market value and can be exchanged for something else, it is always valuable even if it is not worth keeping for long.
So it doesn't matter if the rewards are paid in tokens as long as the tokens still have value as I said.
The liquidity is a prior thing for this. Because even if you're roughly getting rewards for these projects but if there's no liquidity, they're like a display to your wallet.