Certain digital assets like VeChain (VET), Lido DAO (LDO), and the new entrant Everlodge (ELDG) offer promising income potential without the need for active trading. It’s worth noting that Everlodge is currently in its presale phase, adding an extra layer of excitement and opportunity for early investors. Let’s find out which project has the most earning potential.
Everlodge (ELDG): Earning from Fractional Real Estate Investments
Everlodge is reshaping the landscape of luxury real estate by introducing fractional ownership. With Everlodge, you can invest in high-end properties and earn passive income through rental yields and capital appreciation. $100 is all it takes to get started with Everlodge, making it an accessible option for all types of investors.
Everlodge’s mission is made possible with NFTs representing fractional ownership of the properties. These NFTs are tied to the physical assets and can be traded on decentralized marketplaces, providing liquidity for investors. Everlodge also offers staking rewards for its native token ELDG, encouraging long-term holding and earning opportunities.
ELDG is the native token that facilitates all transfer of value within the Everlodge ecosystem. Holding it comes with maintenance and trading fee discounts, free stays in Everlodge properties, and access to prize giveaways. The more ELDG you hold, the more benefits and rewards you receive.
We’re thrilled to announce that our website just got a makeover! 💻
Check out the fresh look and discover the NEW features we’ve added. It’s all about making your experience even better!
Plus, remember that our Presale is still ON.
Explore now: https://t.co/SIYWBylwQD#RWA pic.twitter.com/aTuT8x7z36
— Everlodge (@EverlodgeHQ) October 23, 2023
Considering the high utility of the Everlodge token, it is easy to see why it has risen by 170% to today’s price of $0.027 in recent weeks. But the price increase isn’t over yet, with the ongoing presale and upcoming listing on major exchanges, there is still room for growth.
Analysts note that Everlodge marks a new chapter in the world of luxury property investment. These properties have traditionally been out of reach for average investors, but with Everlodge’s fractional ownership, everyone can have a piece of the pie. Predictions of a 30-fold increase on the day of launch are circulating widely.
Lido DAO (LDO) Projected Growth with Ethereum 2.0
Lido DAO is a staking protocol on the Ethereum blockchain. Users can sign up, stake their ETH, and receive daily rewards. As Lido DAO provides liquid staking, not just regular staking, users receive stTokens that can be used across DeFi protocols.
Lido DAO currently offers 3.8% APR for ETH stakers and 4.3% for MATIC stakers. Notably, Lido DAO has a TVL of $20.74 billion, making it the largest liquid staking protocol in terms of TVL.
The demand for Lido DAO’s services is expected only to increase as more users look for easy ways to stake their assets and earn passive income. As Ethereum 2.0 rolls out and the network TVL increases, Lido DAO stands out as the project with the most potential to benefit from this growth.
This adoption is reflected in the Lido DAO price, which has grown from $0.92 at the start of the year to a current price of $2.28. Chart technicians note that Lido DAO is moving within a massive symmetrical triangle on the daily chart, so any breakout may lead to significant price action.
VeChain (VET) Staking Rewards and Node Variations
VeChain is a layer-1 blockchain that aims to disrupt traditional business in a sustainable and transparent way. It became popular during the 2017/18 bull run when it published a number of partnerships with large companies like DNV GL, PriceWaterhouseCoopers (PwC), and Shanghai Gas.
VeChain uses a proof-of-authority (PoA) consensus algorithm to achieve higher scalability and faster transaction speeds. It’s this algorithm where the staking comes in. VeChain users can stake VET to gain daily rewards through VTHO tokens, which are used to pay for transaction fees on the VeChain network.
The exact reward you may receive depends on how much you stake and whether you have a node. For example, holding 1m VET in a Strength node rewards roughly $38 per month, whereas holding 15m VET in a Mjolnir node rewards roughly $557 per month.
Regarding VeChain’s market performance, the token has risen from $0.016 at the end of October to a current price of $29.69. Notably, this uptick has seen VeChain break through a descending trendline that has been in place since May 2022. It will be interesting to see if this trend continues and how much staking rewards can contribute to VeChain’s overall growth.
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