I seldom talk about HE tokens, so I believe this is the first time I’ll be sharing, or rather promoting... the ones I've been HODLing 🙂
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Although I'm not fully familiar with all the HE tokens that exist, their use cases, or their profitability, there are two tokens that I believe have been providing me with a good return and steady income. I can say this because I’ve been holding them for a long time, so I feel confident enough to share them with everyone.
That said, I want to include a disclaimer: this is not financial advice. If you decide to invest in these tokens, please do so with a clear understanding of the risks involved.
I’ve added this disclaimer because, while investing in HE tokens can feel similar to investing in $Hive, each token is its own separate asset. The market for these tokens is much smaller than that of $Hive, and prices can crash suddenly if a major investor sells off a large amount. Additionally, the tokens I’m about to discuss have a small market cap and low trading volume, so their prices can fluctuate very easily.
Despite these risks, I still believe that these tokens have shown strong performance in terms of price stability. They've been rewarding me decently as well, and I’ll explain more about that in this post.
I’ll be talking about the EDSI and CCD tokens!
EDSI Token
The EDSI token is pretty straightforward. You hold it, and it sends you $Hive rewards on a weekly basis. It's a highly profitable token to hold because it pays 80% APR. It's a good investment for those who want to earn passive income and get paid in liquid $Hive. So far, based on my experience, it has never failed to pay the weekly dividends, and it has consistently paid me well.
There are two ways to get your hands on this token. One way is to buy EDSI tokens on the Hive-Engine market, but you're likely to pay a higher price because not many people are selling. And honestly, why would they sell if it's paying a decent dividend?
The other way is to delegate to the EDS-VOTE account and receive EDSI tokens on a weekly basis. Personally, I think this is the better option because I get to earn a token that’s quite stable, and it also pays 80% APR dividends.
CCD Token
Next is the CCD token. It's the main token of the CryptoCompany, a dApp that has been developing several apps and products in the form of games and staking options.
This token is quite similar to EDSI because both can be acquired either by purchasing from the market or by delegating to their respective community accounts. In the case of CCD, you can delegate to CRYPTOCOMPANY or to CCCEO.INVEST to earn CCD tokens.
By staking CCD tokens, you’ll be able to earn HSBI tokens, which provide lifetime support through upvotes on your posts.
In summary, both EDSI and CCD tokens have proven to be reliable sources of passive income with strong use cases in the Hive ecosystem. While no investment is without risk, my experience with these tokens has been consistently positive. I hope this post helps you explore new opportunities, and as always, do your own research before investing.
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