How to loan your EOS on REX for profit
The birth of the resource exchange on the EOS blockchain is now live! It went live yesterday on the 1st May 2019.
This allows us to lease out/lend out our EOS and make an income, in the form of Interest.
It’s a better pay out than any other air drop I've seen so far. This is money earned with minimal activity guys and girls!
Literally in less than a minute you can loan your EOS to the resource exchange and can be making profit in real time on your EOS.
This is like a major injection of EOS and I don't know who is not going to want to make some income on this and I bet there is going to be a lot of people moving to EOS just to get some Interest.
Nothing else in my portfolio is making me as much income right now, I mean yeah I earn some GAS and ONT here and there but it doesn’t compare to what I can make with EOS.
EOS Authority has made a very informative page on the REX and you can see here that there are already 42 million tokens being lent out on the resource exchange since it went live yesterday!!!
Currently, paying 1 EOS will allow someone to borrow 2077 EOS tokens. If you are a dApp developer or someone who wants to borrow, loan or rent that EOS. And then those funds/profits go to all of us who are loaning to the resource exchange.
It’s an amazing system and I'm proper excited by it.
DISCLAIMER: This post is not financial advice. This is just my opinions. I am not responsible for any investment decisions you make.
I have also not plagiarised any content, it is all my own unless I use quotes.
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