Coins with incentives to hodl long term - page 2.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: fred1111 on April 18, 2021, 03:39:32 PM

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?

Definitely not HEX, there has been some concerns regarding it being a ponzi and therefore you should stay away from it.

Regarding selling pressure, dont compare altcoins with equities which are giving out dividends. Equities exist for an existent company not some vaporware shitcoin, these two are not comparable when it comes to legitimacy.

Hence people never trust altcoins, because they are failures from the start and can never compete with the mainstream counterparts on a large scale - bitter truth of the altcoin ecosystem.

Now, about selling pressure, dont assume that staking would give you the ease of mind of not having to see -10% on that price ticker one day. Bag holders dont care about the staking money, they want people to buy or be forced to buy in the context that they are staking so that they can sell their bags.

Trust me, staking vs selling at high, the second option is way more profitable for any trader. So think twice before doing staking. It is always better to just buy coins at low and then sell them at high. Problem lies in that fact that people dont time it correctly or have patience to watch the market.

RussianEnglishTranslation

jr. member

Activity: 840

Merit: 6

Quote from: fred1111 on April 18, 2021, 03:39:32 PM

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?

Many coins have staking. The founder of HEX is a scammer and many suspect he is CIA. I would watch out with that one.

cabron

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

I'm not aware of how HEX works but there are a lot of tokens that incentivizes users who lock their tokens and basically its like staking still. You might as well just buy and lock your money with the top coins like ADA.

There are some that actually sends incentives everyday like EOS or VET that sends VTHOR. They however will need a big investment now before you get these incentives as their prices had mooned already.

Yamifoud

hero member

Activity: 2828

Merit: 518

Quote from: tabas on April 18, 2021, 06:10:07 PM

Quote from: fred1111 on April 18, 2021, 03:39:32 PM

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?

Neo.
Tezos.
Those are the few and there are many others. Trust wallet has that feature for staking coins.
https://trustwallet.com/staking/

The longer we do the staking, the more rewards we get from them which could really attract holders to put their cryptos on their trust wallet.
I'd find this very effective and a sort of encouragement for those who want to hold for several years. Maybe I'm not like them but this is a good option and usually, I do staking during the bear season while waiting for the Bullrun to comes.

tabas

hero member

Activity: 3024

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Top Crypto Casino

Quote from: fred1111 on April 18, 2021, 03:39:32 PM

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?

Neo.
Tezos.
Those are the few and there are many others. Trust wallet has that feature for staking coins.
https://trustwallet.com/staking/

WalkerIVIV

hero member

Activity: 2436

Merit: 503

Cryptocasino.com

Quote from: fred1111 on April 18, 2021, 03:39:32 PM

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?

What you need to visit this site.

https://www.stakingrewards.com/

There are bunch of POS coins that was offering the incentive for the long term holders. You can also take a look at some decentralized exchange site like pancake swap as well.
He is only offering staking reward but this project didn't have what we have called that as product. You can also take a look at sovryn

javainn

full member

Activity: 733

Merit: 100

Lots of tokens with these incentives, but usually new tokens that have just been listed on the exchange, usually they offer incentives to anyone who holds. so you can make it an option as long as you have to be careful because not all trusted tokens pay incentives until the specified time contract.

jacafbiz

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PredX - AI-Powered Prediction Market

Quote from: fred1111 on April 18, 2021, 03:39:32 PM

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?

Yes, there are many tokens now that incentives those that stake their tokens, if you stake your coin/tokens you have interest accrued with time. Look at Sovryn have good incentives to those that stake their tokens and it is a very good project with huge potential for growth

fred1111

full member

Activity: 160

Merit: 101

I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?

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