Check out how your money can work for you in crypto
Do you want more stability in your finances? If the answer is yes, you should think about generating some passive income. It can help you solve your financial woes and save you from living paycheck to paycheck. Even if you’re already well off and only looking for an additional stream of income not defined by time and effort, this is a neat option.
One of the best ways to earn money with little to no effort is in the crypto space, where there are a lot of simple methods you can use to generate passive earnings. Here are five of the best opportunities for crypto-based passive income:
Liquidity providing
The widespread adoption of Automated Market Markers (AMMs) has made decentralized exchanges very popular. With that, liquidity providing (or liquidity mining, as it’s also known) is one of the most popular ways to earn passive income.
DeFi protocols rely on generating liquidity pools composed of pairs of tokens…