{"id":360,"date":"2022-09-30T05:37:33","date_gmt":"2022-09-30T05:37:33","guid":{"rendered":"https:\/\/dashwallet.io\/articles\/?p=360"},"modified":"2022-09-30T05:38:38","modified_gmt":"2022-09-30T05:38:38","slug":"dash-masternodes-stakecube","status":"publish","type":"post","link":"https:\/\/dashwallet.io\/articles\/dash-masternodes-stakecube.html","title":{"rendered":"Dash Masternodes on StakeCube &#8211; how to earn 17% passive income"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Dash Masternodes is a way to earn passive income using cryptocurrencies. In this article you will learn why I decided to invest $5,000 in Dash Masternodes, what is interesting about Dash (DigitalCash) cryptocurrency and how I try to get an income of more than 17% per annum.<\/span><\/p>\n<p><b>Table of contents<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">What are Dash Masternodes?<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Shared DigitalCash Masternode on StakeCube<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">How much profit will I get from Dash Masternodes?<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">\u00a0<\/span><span style=\"font-weight: 400\">17% return on DigitalCash?<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Risks<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Conclusion on DigitalCash on StakeCube<\/span><\/li>\n<\/ul>\n<p><b>The main theses of the article:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">DigitalCash is a veteran cryptocurrency for payment processing<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Masternodes protect the network, and operators are rewarded for performance<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Shares of these Dash Masternodes can be purchased on StakeCube<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Currently, with the SCC bonus (the native currency of the StakeCube platform), I get about 17% DigitalCash from my investment<\/span><\/li>\n<\/ul>\n<h2><b>What are Dash Masternodes?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Thanks to the analysis, I became aware of DigitalCash cryptocurrency (you can read more about it <\/span><a href=\"https:\/\/dashwallet.io\/articles\/dash-flagship-innovation.html\" rel=\"dofollow\"><span style=\"font-weight: 400\">here<\/span><\/a><span style=\"font-weight: 400\">) and that it has great growth prospects. After a little thought, I decided to include DigitalCash in my altcoin portfolio and invested about $5,000 in it.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On the Cake Defi platform, I&#8217;m already making money with my coins through staking. I wanted that for DigitalCash as well. Accumulating more DigitalCash at the same time at the current low rate sounds tempting.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Masternodes are particularly powerful servers that protect the network and perform other tasks in addition to storing the entire blockchain. By making a pledge (deposit) to guarantee the operation of their node, masternodes allow us to receive ongoing rewards for our work in the DigitalCash network.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">But unfortunately, I don&#8217;t have the 1,000 DigitalCash = $42,000 to run the entire masternode. That&#8217;s the price of running a masternode and that&#8217;s where the StakeCube platform comes into play.<\/span><\/p>\n<h2><b>Shared Dash Masternode on StakeCube<\/b><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-363 \" src=\"https:\/\/dashwallet.io\/articles\/wp-content\/uploads\/2022\/09\/dash-ssc-intext-picture1.jpeg\" alt=\"StakeCube\" width=\"980\" height=\"549\" srcset=\"https:\/\/dashwallet.io\/articles\/wp-content\/uploads\/2022\/09\/dash-ssc-intext-picture1.jpeg 750w, https:\/\/dashwallet.io\/articles\/wp-content\/uploads\/2022\/09\/dash-ssc-intext-picture1-300x168.jpeg 300w, https:\/\/dashwallet.io\/articles\/wp-content\/uploads\/2022\/09\/dash-ssc-intext-picture1-678x381.jpeg 678w\" sizes=\"auto, (max-width: 980px) 100vw, 980px\" \/><\/p>\n<p><span style=\"font-weight: 400\">On StakeCube there is an opportunity for anyone to participate in the masternode with small fractions, the so-called masternode shares. A share is worth 0.25 DigitalCash. For my investment of $5,000, which currently equals 119 DigitalCash, I can purchase 119 x 4 = 476 Dash Masternode shares.<\/span><\/p>\n<h2><b>How much profit will I get from Dash Masternodes?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Currently Dash\u00a0<\/span><a href=\"https:\/\/www.investopedia.com\/terms\/m\/master-node-cryptocurrency.asp\" rel=\"dofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\">Masternode<\/span><\/a><span style=\"font-weight: 400\"> reward is about 6% per year. However, the StakeCube platform offers a way to significantly increase this number. We get an additional percentage of our DigitalCash on the platform (this also applies to DigitalCash that are tied to Shared Masternode shares).<\/span><\/p>\n<p><span style=\"font-weight: 400\">There is currently an additional 7.5% annual share in DigitalCash . Masternode rewards and daily interest add up and create a strong compound interest effect due to the daily distribution.<\/span><\/p>\n<h2><b>17% return on Dash?<\/b><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-361 size-large\" src=\"https:\/\/dashwallet.io\/articles\/wp-content\/uploads\/2022\/09\/dash-ssc-intext-picture2-1024x703.jpg\" alt=\"coins and diagram\" width=\"1024\" height=\"703\" srcset=\"https:\/\/dashwallet.io\/articles\/wp-content\/uploads\/2022\/09\/dash-ssc-intext-picture2-1024x703.jpg 1024w, https:\/\/dashwallet.io\/articles\/wp-content\/uploads\/2022\/09\/dash-ssc-intext-picture2-300x206.jpg 300w, https:\/\/dashwallet.io\/articles\/wp-content\/uploads\/2022\/09\/dash-ssc-intext-picture2-768x527.jpg 768w, https:\/\/dashwallet.io\/articles\/wp-content\/uploads\/2022\/09\/dash-ssc-intext-picture2.jpg 1457w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><span style=\"font-weight: 400\">It&#8217;s all pretty respectable with a 6% masternode reward + 7.5% bonus &#8211; a total of 13.5% per annum. However, anyone who uses SCC masternodes (like me) can increase the daily bonus interest rate to 11.57% per annum. Again, anyone who, like me, also runs SCC Masternodes will receive a bonus.<\/span><\/p>\n<p><span style=\"font-weight: 400\">My current share of StakeCube:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">10 SCC masternodes (each with 1,000 SCCs) generating SCC rewards + interest on an ongoing basis<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">476 Dash masternode shares (purchased for 119 DigitalCash) generating DigitalCash rewards + interest on an ongoing basis<\/span><\/li>\n<\/ul>\n<h2><b>Risks<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Any investment is subject to some kind of risk. So, in my case &#8211; the risk of investment is the risk of the platform because we transfer our coins to StakeCube and give private keys.<\/span><\/p>\n<h2><b>Conclusion on DigitalCash on StakeCube<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Since my StakeCube experience with 10 SCC masternodes so far has been successful, I made another investment and bought Dash Masternode shares.<\/span><\/p>\n<p><span style=\"font-weight: 400\">I&#8217;m curious to see if the promised returns come in. Given that the DigitalCash\u00a0 price in a bear market is about 10% of last year&#8217;s high, accumulating DigitalCash could be a profitable investment right now.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"StakeCube Review\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/nDHqmuJfhJ4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Dash Masternodes is a way to earn passive income using cryptocurrencies. In this article you will learn why I decided to invest $5,000 in Dash Masternodes, what is interesting about Dash (DigitalCash) cryptocurrency and how I <a class=\"mh-excerpt-more\" href=\"https:\/\/dashwallet.io\/articles\/dash-masternodes-stakecube.html\" title=\"Dash Masternodes on StakeCube &#8211; how to earn 17% passive income\">&#8230;<\/a><\/p>\n<\/div>","protected":false},"author":3,"featured_media":362,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-360","post","type-post","status-publish","format-standard","has-post-thumbnail","category-dash-reviews"],"_links":{"self":[{"href":"https:\/\/dashwallet.io\/articles\/wp-json\/wp\/v2\/posts\/360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dashwallet.io\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dashwallet.io\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dashwallet.io\/articles\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dashwallet.io\/articles\/wp-json\/wp\/v2\/comments?post=360"}],"version-history":[{"count":3,"href":"https:\/\/dashwallet.io\/articles\/wp-json\/wp\/v2\/posts\/360\/revisions"}],"predecessor-version":[{"id":366,"href":"https:\/\/dashwallet.io\/articles\/wp-json\/wp\/v2\/posts\/360\/revisions\/366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dashwallet.io\/articles\/wp-json\/wp\/v2\/media\/362"}],"wp:attachment":[{"href":"https:\/\/dashwallet.io\/articles\/wp-json\/wp\/v2\/media?parent=360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dashwallet.io\/articles\/wp-json\/wp\/v2\/categories?post=360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dashwallet.io\/articles\/wp-json\/wp\/v2\/tags?post=360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}