By the end of this post, you will have an easy to action guide on how to earn Quant passively and make your Quant tokens (QNT) work while you sleep.
What is Quant?
The core of the Quant project is the Quant Network as a technology which automates the trust functions between multiple blockchains. This trust function is delivered with the help of the Overledger operating system (OS).
The system is said to be the first OS to be built for blockchains. The goal of the OS is to connect blockchains and networks (such as those for the provision of financial services) on a global scale while simultaneously promoting interoperability.
What is passive income?
Passive income is money that is earned and it does not require a lot of ‘active’ work to acquire it.
Often, there will be some work up front but after that money will be made with little to no ongoing work.
You’ve probably heard the expression, “make money while you sleep.” That’s the biggest draw that entices people to earn passive income.
Why earn Quant passively?
Quant is a highly respected project in the crypto-space. It has all the ingredients to be a sector defining force: great tech, a solid team and compliance with the changing regulatory landscape.
In the Quant community, there is a strong belief that the value of QNT is on a steep upward trajectory in the medium to long term.
We put the question to the Crypto Twitter (CT) community to predict the price of QNT at the end of 2021.
As of December 2020, the price is circa $11.5 dollars. The range of predictions from CT ranged from $88 USD to upwards of S5000 + per QNT.
The positive sentiment for QNT’s future price is strong.
Like us, CT is super bullish on QNT.
Earning QNT passively therefore not only allows us to increase our investment but also speculate on future gains with little risk.
Earning QNT passively requires no work which makes it a great opportunity.
How to earn Quant passively?
If you want to start earning QNT passively, here’s how –
First, open a CoinMetro account.
Transfer QNT to CoinMetro.
There’s no need to lock anything or opt-in. Simply deposit QNT into your main wallet.
Don’t have any QNT? Don’t worry, buy it on CoinMetro.
For an easy to follow guide on buying Quant on CoinMetro, check out this link.
When QNT is received in your wallet, this will start the accrual of staking rewards.
The rewards accrue daily and are paid out every month into your account. This monthly payment is 100% passive income. You only need to hold QNT on the exchange.
The Quant staking rewards are paid in XCM (the native token of the exchange).
The rewards are visible in the “Transaction History” on your CoinMetro dashboard, showing as a pending bonus.
Currently, QNT holders will be paid at a fixed rate of 2.5% per year.
Want to level up to 5% per year? Then lock into a rebate tier by buying and locking up XCM (10k of XCM minimum is required to access the 5%). A tier can be left at any time without impacting the accrued rewards.
QNT can be deposited and withdrawn at any time.
When you stake QNT at CoinMetro you have successfully started to earn Quant passively. No more work is required. Sit back and watch payments being delivered into your account every day. You can sell the XCM to fiat or crypto, exchange it to more QNT or hold to speculate on the value of XCM increasing in the future. The choice is yours.
If you sign up to CoinMetro here, with our referral code, you’ll get 5 euros in crypto when you make a deposit of 5 euros of any asset and have a trading volume of 250 euros.
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