Passive income - just a buzzword?
Who doesn't have the dream of earning money in their sleep. Thousands of YouTubers are trying to sell you their guides, and in the end they all come up with the same things. Real estate, dropshipping, blogging. It doesn't speak for their short term memory that their income suggestions are far from passive most of the time.
This is one of the few types of true passive income. Companies pay out parts of their profits to stakeholders on a regular basis. There are a lot of investors who prefer this type of stocks over non-dividend ones for providing them with a constant cash flow.
Income on STEEM
STEEM offers a lot of ways to generate an income. From posting and curating to automated voting and leasing out your SP. All of them require a bigger or smaller amount of maintenance work though, so they're at most semi-passive.
Best passive income in crypto?
@curangel is set up in a way which eliminates any overhead work for investors who decide to delegate to it. The income is generated by manual curation, using the investment to provide a better experience to the userbase of STEEM and retaining a diverse mixture of content creators. In this way we make sure to put the investments to a good use for the long term, and delegators do not have to worry about supporting value extracting behaviour.
Although the main focus is put on supporting authors, and a small share goes to the curators, delegators to @curangel still can expect a yearly dividend of 8-10% of their investment! Couple this with the future potential of the STEEM token itself, and the possibilities are mind blowing!
How to get involved?
If you are not on STEEM yet, you need to create an account. Get some STEEM, power them up, and delegate them to @curangel. That's it :) Your will receive about 7% in daily liquid payments for your delegation, and about 2% on your STEEM POWER. These values can change over (longer) time, so it doesn't hurt to check on it once a year or so. You can also maximize your returns by regularly delegating what you earned. If you haven't heard about the powers of compounded interest, you should read up on it now!
Are there risks or traps?
Crypto investments are generally high risk. If STEEM fails completely, all your investment is gone. If @curangel stops, your delegation won't create an income any more. Your STEEM won't be liquid, it takes a few days to recall the delegation, and about 13 weeks to fully liquidate your position if you decide to do so.
As always, don't rely on a single post on the internet. We're not investment advisors, this post is written by the guy who developed this service (and uses it himself). Do your own research.
Thank you for your interest in the Curangel project! If you want to help us supporting a wide range of valuable community members and at the same time receive a share of the generated curation rewards, consider sending us a delegation. By doing so, you will also receive the possibility to help us move rewards from overrated posts back to the pool.
For more info, check out our introduction post
Come and join our Discord!
https://i.imgur.com/1TgMmfZ.pngThe Curangel project is brought to you by witness @pharesim
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