![]() ![]() The widespread adoption of Automated Market Markers (AMMs) has made decentralized exchanges very popular. Here are five of the best opportunities for crypto-based passive income: Liquidity providing In DappRadar´s Blockchain Industry July report, we highlighted how despite the total number of unique active wallets (UAWs) being low, the total value locked (TVL) improved by 22 % from June. However, recently there have been some positive signs of recovery, even when still far below the all-time high of $253.91 billion on December 2, 2021. DeFi has had a rocky year struggling with the bear market, surviving the Terra debacle and the Tornado Cash OFAC sanction. With DeFi, you can deposit your assets onto a platform or protocol that will pay you an APY (annual percentage yield) for it. 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. 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. It can help you solve your financial woes and save you from living paycheck to paycheck. ![]() ![]() Discover how your money can work for you in cryptoĭo you want more stability in your finances? If the answer is yes, you should think about generating some passive income. ![]()
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