Make Passive income from Tribe Tokens

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I doubt there are people (newbies) in hive who don't know what tribe tokens are and they're earning it using tags in their posts or posting in specific community and some don't know what to do with them.

Tribe tokens remain in their cold wallet and in this topic I'll share an easy way how you can make passive income staking tribe tokens.

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Let your tribe tokens work for you instead of letting them sit in the wallet doing nothing.

There are so many tribe tokens also known as layer 2 token built on hive Blockchain and we earn them daily posting in specific community such as Leo token posting quality content about finance in LeoFinance community using their frontend.


and also using different tags is another way of earning some extra tribe tokens in hive.

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Passive income from tribe tokens

Passive income sounds very Good and there's many way to do so such as Renting your Game NFT to someone else, through farms on Dex (if exist) by providing liquidity and also by staking simply. thing's work for you and earn you some money.

We are talking about tribe tokens so the safest option i know to make passive income is "Stake" them and leave.

You might know how to stake but lot's of newbies don't know so I'll make things lot easier for them telling different ways to stake tribe tokens.

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Stake token in Hive Engine
This is for people on hive who use PeakD Frontend.


by following these simple process shown in screenshot you can stake tribe tokens.

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Go to > Wallet and Click on the arrow it will show Hive engine and exchanges or other options but you need to click on "Hive engine".

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Hive engine will show your all tokens whether Staked, liquid, value of token etc.

If you want to stake a specific token you can clearly see in screenshot.

Staking Tribe tokens "One by One" Will consume too much time and each action we are taking on Blockchain also drain resource credit even clicking on "mark as read" Notification counts.
Stake All tribe tokens in one click

A tool known as Hive multi staker exist in hive to claim, stake or unstake all hive engine tokens in one click.

Hive multi staker: https://stake.hivelive.me/

All you need to do is "Enter your Name" or to use this tool you'll need hive signer or hive keychain.

Choose what you want from following options:

  • Claim rewards
  • Stake tokens
  • Unstake tokens

i want to stake all tokens in 1 click and it took just a second.

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Only Choose "Select all" and "Stake them now"

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will redirect to hivesigner or keychain to confirm tranaction and that's it - Your all tokens has been staked in one click. Being a newbie (not so) The terminal is the place where i got to know about this and I'm learning new things everyday.


Stake hive engine Tokens on Ecency

Ecency is best choice and front end for a newbie and it's kind of my favorite place because it make things easier for newbies on hive and also Support or encourage them.


web version of Ecency supports hive engine token but it's not available on App yet.

Follow this process to stake tokens using ecency:

It's almost same process as PeakD > Engine tokens is avail in wallet.

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Click on this lock and put balance to "Stake" its simple - no big deal and other two options beside are for delegating token to other or transferring them.

Claim your rewards - passive income
Reason why i prefer to use ecency is it is so user friendly and make thing lot of easier.

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It's a kind of human nature to be curious or keep checking progress and in ecency whenever there's a reward it will show "unclaimed rewards" so it's easy to end curiosity or claim and stake them again.
Fin.
I hope it helped you learn something new today. I'm staking to grow my tokens and build better portfolio so far rewards are nice and at least they're working pretty Good that's why thought to share this with hivers.

If you liked reading it hit that upvote and feedback in comments would be really appreciated and will help me to get better or improve on hive.


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screenshot taken from hive engine, peakD, ecency or hive multi staker interfaces under hive ecosystem. Lead image from pixabay.generator.All the content or images are mine except indicated. No copyright infringement intended.
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11 comments
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Well, explained! New people on Hive should be able to stake and use there token with this info.

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Thank you mate for encouraging me, hopefully they'll now stake and grow their tokens!.

Have a Good day ahead!

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Very useful info. I didn't realize you can stake all in one go!

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Thanks mate, truly appreciate. Hehe that tool is pretty amazing! I'm amazed using it.

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When I joined hive newly I didn't understand what the tribe tokens means until some weeks back. Being aware of these tokens gives me more joy in the platform. Thanks for sharing this timely information as it will be of help to many newbies

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It takes time to learn tho for me i spent one month just to understand or learn the whole thing before joining hive.

Still learning a lot from great people. My pleasure and hopefully this will help many!

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I know about it from the earlier but I have never made any post about it. In fact the idea of making post never came to my mind. Good to see that you made this and hope that many newbies will get the benefit from your post.

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