How to earn passive ETH income via this dApp ecosystem…
The ecosystem runs on a smart contract and could be a great way to earn some passive crypto income in ETH.
Every dApp created by SPielley shares a small percentage of revenue with PLincHub. Holding PLincHub Bonds is akin to holding a stake in all the dApps including , COSS Exchange Liquidity , etc..
This is not investment advice. Please do not invest any more than you can afford to lose.
Here’s how you can earn a passive income in ETH
- Go to and login to your MetaMask extension.
- Buy ‘Bonds’ by entering the ETH value you would like to play with. Confirm the transaction in MetaMask.
If you use my referral link, you get 10% extra worth of ETH Bonds.
Link: - Set the percentage of ETH dividends you would like to ‘Reinvest’ back into the ETH Bonds by adjusting the slider in the top corner. Confirm the action by paying a few Gwei to confirm the action in MetaMask and that’s it! You are all set to make a continuous passive income in ETH.
- You can additionally purchase ‘Management Positions’. Next person buying it pays 10% extra than what you paid for it. Reinvest percentage applies and rest of your ETH goes go to Piggy Bank balance. Every position has a bonus percentage of Dividends. Those appear in your Management Vault and are bought of by the user buying your position.
Amount that you decide not to reinvest is your actual winnings, which can be redeemed by clicking ‘Payout Piggy Bank’ under the ‘Freelance’ tab.
A few notes… please read before playing:
- Your winnings are generated in the form of dividends, which is raised from new ETH coming into the game. 98% of all ETH coming in is redistributed immediately.
- New users joining the game = old users keep getting dividends. They buy their ETH Bonds from you at a premium.
- Try with a little ETH first. Set ‘Reinvest’ to 10%, so 90% of your initial investment goes to Freelance Piggy Bank, and can be safely cashed out. Once you are sure about what you are doing, you can always get more ETH Bonds.
- Player Vault is where your ETH is temporarily held before it is split into earnings and the percentage that gets ‘Reinvested’ into ‘ETH Bonds’ and rest goes go Piggy Bank.
- Amounts appearing under Fills + Divs can be redeemed immediately into Player Vault for withdrawal by clicking ‘Fill’. It’s paid for using your ETH Bonds holding. In case you want to sell the ETH Bonds immediately, watch out for the option to ‘Fill’ those amounts with your Bonds and Dividends holding.
- This is a decentralised game. Bonds, Dividends, Re/invest, Piggy Bank are terms used in the game and do not denote regulated financial instruments.
- Every action in the game requires users to approve the action by paying a small amount of Gwei for fees. Make sure you have some loose change in your ETH .
- Do not forget to enjoy! It is a game after all!
If you found this guide useful, you can tip ETH to: 0xfF0b7515bd8C72022D118Bc0138997B757DdFd2d
Resources:
Published at Mon, 15 Apr 2019 15:12:16 +0000
