Recently, I delved into the world of IOST and discovered an interesting way to grow my assets a bit. The core idea is that the network’s developers aim to incentivize user activity and maintain the blockchain’s vitality. The more transactions that occur on the network, the stronger its ecosystem becomes. This is where we, the regular users, come in, as we’re offered nice bonuses for our activity.
I start by purchasing some IOST with USDT. After that, I go to my account and find the “Wallet” section. There, in “Deposit” – “IOST,” I receive a unique tag linked to my account.
Now for the interesting part: I make a withdrawal. Here, by entering the address “blocktest,” I insert my unique tag and choose the amount. Each time I make such a transaction, the system adds a bonus of around 0.5%.
But why is this beneficial for IOST? The thing is, each transaction is an additional entry on the blockchain, which strengthens and supports the network. The more activity there is, the more reliable and stable the entire system becomes. For IOST, this helps to develop and scale their blockchain, and for us, it’s a way to increase our assets slightly. In the end, we get small but consistent bonuses, and the network becomes more active and secure.
The only thing to keep in mind is not to make more than 20 transactions a day, as bonuses won’t be credited beyond that limit. But even within this limit, you can consistently earn a small percentage daily, helping the network while growing your assets a bit.
submitted by /u/707snakes707
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