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Top 5 ways to earn passive income on your crypto holdings

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Top 5 ways to earn passive income on your crypto holdings in General Cryptocurrency Discussion_xx
if you have invested into crypto and hold crypto funds in your wallet, don't just hold them, you can earn a passive income on your holdings without loosing your crypto.

here are some popular ways to earn the income on your cryptocurrencies holdings.

1- Lending
you can supply your cryptos on lending platforms such as aave and compound, these lending protocols allow anyone to borrow loan in the form of stablecoin or ETH and in other crypto form with the help of smart contracts, through this you can earn up to 20% APR on your cryptos.

2- Staking
Staking is like opening a savings account in bank, you can stake your crypto holdings in stake pools and earn APR on it. you can stake your crypto with non-custodial wallets like frontier wallet, trust wallet etc.

3- Liquidity Provision
with liquidity provision, there is always the need to the tokens of equal pairs let's say ETH/USDC in the DEXs and AMMs, where you can provide your tokens as liquidity and earn good APR, These DEXs and AMMs shares the fee percentage with you for your liquidity tokens.

4- Yield Farming
With yield farming liquidity pools maximize your profits, by farming your crypto assets and farming new LP tokens you get for providing liquidity to pools.

5- Airdrops
You are all aware with airdrops, to get the airdrops of new tokens, keep updated yourself, and be the early adopters.


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#1 - December 15, 2022, 04:36:45 AM

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