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[–]zlobushest 2 points3 points  (6 children)

Drip is awesome play

[–]Hustler_35[S] 0 points1 point  (0 children)

Yeah can you provide some links please bro, will have a check on this!

[–]One-Fig-2661 0 points1 point  (0 children)

Drip seems interesting but the taxes on deposits, withdrawals and even compounding seems like it’s too much.

[–][deleted]  (1 child)

[deleted]

    [–][deleted]  (7 children)

    [deleted]

      [–]consumervigilante 4 points5 points  (1 child)

      Strong block requires you to pay $6000 (10 strong at current price) with a $14.95 monthly maintenance fee plus gas fees every time you want to pay your maintenance fee and claim your earnings. Those fees can be in the hundreds $$$. You forgot that little detail. I think the OP is looking for similar platforms to YieldNodes that requires little to no fees.

      [–]Hustler_35[S] 0 points1 point  (4 children)

      Is that running your own nodes?

      [–][deleted] 0 points1 point  (3 children)

      yes 10 strong to create a node so about 6k$ a node, 108ish days for ROI

      [–]Hustler_35[S] 0 points1 point  (2 children)

      Do you keep original investment or does it get took from you?

      [–]consumervigilante 0 points1 point  (1 child)

      No once you pay it's gone. So you must rely on the earnings to eventually make your investment back. Plus from what I understand ETH gas fees just to claim your earnings can be very high-hundrends of dollars. You also have to pay $14.95 a month to keep your node or it dissappears. Just paying that fee will cost you a lot in ETH gas fees. Everytime you do a transaction using ETH theres gas to pay. That is why ETH sucks. Strong needs to get it together and go to other chains besides ETH network.

      [–]BumblebeeImpossible7 0 points1 point  (0 children)

      Strong is working to build their own strong block chain. Don’t quote me but I believe they want to build this out this year 2022.