Here, we take a look at seven ways you can put your cryptocurrencies to work, helping you generate a potentially attractive passive income with little to no input or management required.

1. Automate Your Savings

Much like regular currencies can earn interest while being held in a savings account, cryptocurrencies can also be deposited to various platforms to earn a yield.

2. Become a Liquidity Provider

Decentralized exchanges revolutionized the way that traders access and capitalize on opportunities in the market by providing a permissionless source of liquidity for a wide variety of cryptocurrencies.


3. Participate in a Yield Farm

If you’re already providing liquidity, then yield farms provide a way to earn an additional yield on your assets.

4. Stake Your Cryptocurrencies

Proof-of-Stake (POS) not only introduced a more efficient way to maintain consensus in a decentralized system but also brings with it a new way for coin holders to earn a yield — through staking.

5. Join a Guild

If you’ve jumped on the recent hype surrounding play-to-earn games, then you may have found that playing these games and making use of your in-game assets and NFTs can be a time-consuming process.

6. Join a Crypto Fund?

As you’ve probably noticed by now, most passive income streams will require some initial labor and periodic maintenance, whether that be depositing your assets to a liquidity pool, operating a validator node, or participating in a guild.

7. Hold Yield-bearing Tokens

Last, but by no means least, are dividend-yielding or yield-bearing tokens. As their name suggests, these are tokens that entitle holders to a share of the profits generated by the underlying issuer — similar to the way that stocks often entitle holders to dividends.


https://www.youtube.com/watch?v=ptouZRgsNUA

Awesome

My Benz go surely land this year