Profit Taking Strategy
There are many passive income options in Xenia (see: Xenia) and whilst MDB can be traded, in times of a more stable price, or if you do not wish to trade there is the option of the below strategy:
As MDB is hyper-deflationary, the % you own of circulation is always increasing. Therefore, if you wish to take profit regularly as a passive income, you can sell over and above your initial % owned.
Example:
You own 1% of supply. The Phoenix has bought and burnt tokens, which means your holding is now 1.1% of supply. If you were to sell the 0.1% supply gained, your initial holding of 1% of total supply would remain.
Disclaimer: Not financial advice, please do your own research.
Last updated