#yield farming

Crypto is slowly becoming mainstream. And everyone wants to make money. So that is why the topic of “generating passive income with crypto” is very popular in the crypto world today.

       You have cryptocurrency in hand. And you want to earn extra income from your virtual currency. You don't know where to start or are looking for new channels to invest in, then this article is (perfect) for you.

       The special thing is that you don't have to put in too much effort. Instead, you need to make smart choices when starting out.

Let's explore and save these 5 quick ways to have a passive income of thousands of dollars per month!

Community Liquidity Staking

Staking is holding a certain amount of cryptocurrency in the electronic wallet of a Blockchain project for a certain period of time to receive rewards. The reward that the investor receives depends on the number of coins and the time of the bet. It is an alternative to the role of a cryptocurrency miner, and this is the purest way to mine passive income from cryptocurrencies.

Community liquidity is a new way of operating in the crypto world, but being evaluated as a direction with high potential in the future in terms of profits with a high level of safety.

Community Liquidity Staking

How does this income work?

Its Coin staking mechanism is quite similar to you getting interest when you keep money in a bank account or deposit it in a bank for investment.

The reward you receive depends on several factors:

Minimum amount of virtual currency required to make a deposit in order to gain passive profit from the bonus.

Minimum (initial) holding period before receiving the first deposit bonus.

Time to wait for the coin to "grow".

The period during which you cannot withdraw your bet is called the account lockout period.

The expected annual rate of return earned from the bet currency, known as the staking bonus. It is important to understand whether this is a fixed, variable or guaranteed return.

Staking Adene Nft Slot Machine - The wisest choice for your pocket.

A.P.Y per year of the Adene slot machine.

Each NFT slot machine is unique in terms of graphics and functionality. Slot machines require liquidity to operate. The size of the bet and the probability of winning the jackpot also depends on the size of the liquidity. These slots can be operated to earn 60%-200% APY per year according to online casino data by Ben's (Co-founder Adene). The ODDS of the slot machine is encoded into a smart contract using Chainlink VRF to maximize the transparency of the RNG.

How to invest?

The community can contribute their liquidity to different slot machines to earn a profit sharing source of income (usually 80% for stakeholders and 20% for operators).

This is exactly the mechanism that the Adene slot machine conventions for in their white paper.

Profit math practice

Let's say I am the one who minted a slot machine, and you are the investor that makes this slot machine work. According to the 80-20 mechanism. Then 1 year profit I will get 20%, and 80% profit will be yours.

The 1-year profit of a slot machine according to research is $60,000. This number can increase as more players become available.

After 1 year, with 80% interest, the amount you will receive is:

        80% * 60,000 = $48,000/year

If you start from 5 slot machines, the amount will be 5 times.

48,000 * 5 = 240,000 USD/year.

A number that seemed to be just a dream but has now been realized by the Adene slot machine.

Cloud Mining 

Cloud mining is the use of 3rd party cloud computing power (cloud mining service provider) to mine cryptocurrencies. This is a reasonable choice for newbies who do not have much knowledge and in-depth understanding of the virtual currency field. However, you also need to invest some time. And this technology will bring you more benefits and cost savings.

Cloud mining

What is the interest rate?

Interest rates will depend on a number of factors. First of all, you will need to consider your daily expenses and expected rewards. The most optimistic investors claim that with a $2000 investment, they can earn around $100 daily mining at 14.33 Th/s for Bitcoin. However, this strategy can be more profitable based on the amount of cryptocurrencies mined and the costs involved.

Shamining - The most potential cloud mining platform today

17.000 users is the number that the platform has accumulated. It is an attractive platform, as evidenced by Shamining offering an additional 37% of the crypto mining rewards to new participants.

Currently, Shausing's rate of return is between 143% and 156%. For $5,000 per year, expect to earn $890/month (including additional bonuses). This is the best offer in the cloud mining industry that you can refer to. In theory, you could have a passive income of $10,860 per year using it.

Yield farming

Increasing profits is a way of making passive money with your own cryptocurrency. By lending your money to others through computer programs known as smart contracts. Your job is to move your crypto between different lending markets to maximize your profits.

In other words, interest rates will be different in different DeFi platforms. Therefore, you should try with many different platforms to get the best option for you. Besides, it also depends on the amount and time you deposit (it's a strategy you have through practice or self-study).

Yield farming with crypto 

How much profit?

Profits are quite difficult to estimate accurately. Because Yield Farming is a highly competitive and fast-paced market. So rewards can fluctuate quickly. If a profitable mining strategy works over time. This will cause more people to follow this strategy. From there, profits can be reduced.

Crypto.com - Best Yield Profit Farming Platform to Earn High APY on Stablecoins.

This is considered the most stable platform as you won't have to worry about price spikes. The platform will likely let you earn up to 14% APY for depositing stable coins like Tether and USDC to your account.

For example: To earn 14% APY on Tether. The condition is that you need to lock your tokens for three months. You will also be required to stake no less than 40,000 CRO tokens.

On the other hand, APY will drop to 6% when you deposit Tether without depositing any tokens and on a flexible withdrawal basis. Therefore, Crypto.com is the platform that gives you many options.

Crypto lending

Crypto lending is a form of lending. This means you use your property or money to lend to others. And you will get back the principal and interest as agreed between the two parties as agreed in a period of time. You are the lender and other users, or other exchanges act as the borrower.

How is profit calculated?

The interest rate will vary based on the project you are working on and the currency being lent. Currently, however, the typical yield of many cryptocurrencies varies from 3% to 8%. It is also expected that for stablecoins, the rewards could be higher. Users can expect 10% to 18% interest on those.

Crypto lending 

BlockFi - Leading Cryptocurrency Platform.

This is a crypto lending platform for people with a lot of cryptocurrencies. For example, an investor has 10 Bitcoins and wants to use his BTC as collateral for a car loan.

BlockFi requires loans to be decentralized. For example, a $50,000 loan on BlockFi would require at least $100,000 worth of ETH or BTC. And the minimum loan amount on BlockFi is 5000 USD. Of course, the platform is also paying interest on electronic deposits to depositors at a fixed rate depending on the coin.

Dividend-earning tokens

Dividend earning tokens are said to resemble the stock ownership system in a company. The system will reward project backers with dividends based on company profits. These rewards will of course also depend on the contribution that the user has made to the company.

How much profit?

Like all other strategies, some participating companies pay more than others. This is why it is important to make wise choices based on research. Some of the backers of these projects can receive a dividend of up to 30% per year based on the amount invested (normally the return will be 20% if you do your research and make wise choices). 

Dividend-earning tokens 

Lucky Block - Cryptocurrencies bring big profits.

With Lucky Block (LBLOCK), just three weeks after its launch in January 2022, early investors have made quite a profit.

Lucky Block acts as an NFT Competitions platform and it provides users with the opportunity to receive rewards simply for owning Lucky Block NFT.

Lucky Block is currently eligible for large centralized exchange listings. This will eventually lead to huge price increases. In fact, Lucky Block is now listed on the LBANK exchange and you can claim your $255 USD bonus by registering on their platform.

Conclusion

Idle Cryptocurrencies provide a lot of opportunities for you. So don't let it go to waste while it generates a sizable profit for yourself. The important thing now is that you just "act".

In this article, we have listed 5 strategies to earn passive income with your own cryptocurrency. These 5 ways are useful for both new and experienced users.

Each way to earn passive income has its own interesting points. You understand it and you invest, you will surely have a stable monthly income.

The most profitable choice.

Currently, according to analysis, the Adene Staking slot machine is the way that you can make the most and easiest profit with a profit rate of up to 200%/year. Adene may be a fairly new platform when it's been out for just over a year. With a novel business model, Adene is considered a platform with growth potential when it continuously receives support from investors. A good example is an investment of 1.1 million euros from a German investment fund.

Content creators like us often think "Is there a way to make my money increase while I'm engrossed in the text somewhere?" What I mean here is that you can only do one job during office hours but your income is the same as if you worked 2, 3 or even 10 jobs at the same time. That's the magic of passive income. I hope this article can give you some ideas to increase your income, increase your assets without spending too much effort.

DO YOU KNOW ANY WAY TO EARN $10,000/MONTH PASSIVE INCOME? TOP 5 WAYS TO EARN PASSIVE INCOME WITH CRYPTO TO HELP YOU EARN $10,000/MONTH. DO NOT MISS!!!

HOW TO MAKE PASSIVE INCOME

As mentioned above, the most important step when investing in the cryptocurrency industry without spending too much capital is choosing the RIGHT WAY AND OBJECT TO INVEST.

How to choose the right object and method? The fastest way is to listen to experts, invest with them. This is a fairly common form today because it takes less time and effort of investors. But anyway, it's your money, you take the risk, so before investing in any field, each of us should learn carefully, consider carefully and, importantly, believe in yourself.

Staking

Staking is the act of holding and locking a certain number of coins in order to receive rewards from them. These coins can be locked in the wallet or nodes of a Blockchain project for a period of time. The reward will be based on the user's effort, including staked coin amount & stake duration.

Staking to receive Reward:

Staking to receive Reward: Users will use their tokens to stake back into the project's ecosystem. This staking does not directly participate in the validation of transactions or any tasks related to network operations. 

You can think of staking as the crypto equivalent of putting money in a high-yield savings account. When you deposit funds in a savings account, the bank takes that money and typically lends it out to others. In return for locking up that money with the bank, you receive a portion of the interest earned from lending – albeit a very very low portion.

Similarly, when you stake your digital assets, you lock up the coins in order to participate in running the blockchain and maintaining its security. In exchange for that, you earn rewards calculated in percentage yields. These returns are typically much higher than any interest rate offered by banks.

For example, Stake Aden token on the exchange (hold) for a profit. That part of the profit comes from the exchange's profits, not from the creation of new blocks or transaction fees.

Aden is one of the tokens that are considered to be very potent shortly, it is expected that by 2024, the value will rise to about $1 / Aden. Please research carefully before deciding to invest, if you own Aden from now on, you will earn x500 times the amount you spend.

As the first fully decentralized gambling system of the 4th generation, ADENE gives its community access to possibilities previously exclusively owned by the game monopoly. Thanks to the use of NFTs, users are now becoming operators. ADENE innovations begin where ordinary gaming platforms end. For the first time in the millennia-old history of gambling, users and operators are becoming one.ADENE users can practically construct their own casino business with low barriers to entry. Starting one’s own business creatively has never been easier.

Staking by investing in NFT Slot Machine:

Recently I found a very special platform that allows players to become operators, allowing them to own their own NFT slot machine by assembling a minimum of 10 NFT items and minting it becomes an NFT slot machine. That NFT slot machine is operated independently of the platform, its creator is 100% owned, and the platform issuer cannot interfere.

I highly encourage you to create your own NFT slot machine and operate it on the Adene Platform. But the topic of the article is passive income and I need to focus on it. You can invest in NFT Slot Machines to earn more passive income.

I will say it in an easy to understand way:

Let's say I own an NFT slot machine, I have spent most of my money on minting so now I need to find an investor to help me operate the machine. The operating cost is $10,000 and I raised $5,000 for 50% of the operating costs. All you need to do is invest and operate is my job.

In the first month, our slot machine made $6,000 in profit. You will receive 80% profit based on the amount you invest.

The amount you invest is currently 50% of operating costs. Then your profit is $2,400/month. The number is quite ideal for passive income.

2. Mining

Coin mining is not new to players in the crypto market. For a time, this job blossomed to the point where people mined coins and miners housed coins. And it has helped many people become millionaires.

An example that I give you is: "Two kids make more than $30,000 from mining cryptocurrency". If you follow the crypto market, you've probably heard this story before.

During the three-month summer break, a 14-year-old boy and a 9-year-old sister can earn around $36,000 from mining Bitcoin, Ether, and Ravencoin themselves at home.

Ishaan Thakur (14 years old) and her sister Aanya (9 years old) have spent the summer building a lucrative cryptocurrency mining company. Both chose to mine three cryptocurrencies: bitcoin (the largest cryptocurrency by market value) and ether (the second largest digital currency), and raven coin (an altcoin, a digital currency that replaces Bitcoin) in the top 100.

According to the publication, the 14-year-old boy and his 9-year-old sister earned a total of about $36,000 at the end of September.

Currently, the Crypto market is in hibernation. Revenue has dropped to a record but Bitcoin miners are still trying to plug in.

According to data from Blockchain.com, the daily mining revenue of miners fell about 27% in May. On May 1, the daily revenue of all Bitcoin miners reached $40.57 million. By the end of May, that number dropped to $29.37 million.

Bitcoin mining revenue bottomed out at $22.43 million on May 24. Compared to the all-time high, this is down about 62%.

Despite the decline in revenue and profits, the Bitcoin network's hash rate remains high. The high hash rate but  low profitability shows that the level of competition among miners is much greater than in the past. During market declines, Bitcoin miners often shut down their miners and stop receiving profits.

Please consider carefully before deciding to become a "farmer in 4.0".

Yield Farming 

Yield farming (yield mining) is a way to earn more cryptocurrency from the cryptocurrency itself. Specifically, it's you lending your money to others through computer programs called smart contracts. In return, you can earn interest in the form of cryptocurrency.

The most popular forms of yield farming today are:

Short-term borrowing and lending on dApps: Compound and Aave.

Lending money in the money market is the easiest way to profit in decentralized finance. Compound and Aave are DeFi's two main lending and borrowing protocols. The two protocols combined currently account for $1.1 billion in the lending market and $390 million in the borrowing market (pictured below).

Create liquidity on: Uniswap and Balancer:

Uniswap and Balancer are the two largest liquidity-generating protocols in decentralized finance (DeFi), providing liquidity providers with fees as a reward when they deposit their accounts product into the group. Liquidity pools are constituted between the two assets in a 50-50 ratio in the Uniswap protocol. Whereas Balancer allows up to eight assets in a liquidity pool with custom allocation on each asset.

Whenever a trade is made through a liquidity pool on Uniswap or Balancer, the liquidity providers (LPs) that have contributed to that pool are entitled to a fee.

It can be said that Yield Farming is a very new and attractive form of passive investment in the decentralized financial market. However, investors need to learn carefully about the form, type of coin and the associated risks before deciding to invest.

4. Lending

Lending is a way you lend idle assets. When the loan expires, you will receive both the principal and the interest. Cryptocurrency lending is attractive because it passively secures income by avoiding market fluctuations and is correlated with interest rates.

In the past, when the cryptocurrency market was not too developed, investors often loaned some key coins such as BTC, ETH, etc. Today, thanks to the strong development of DeFi, lending has expanded. more. Accordingly, you can lend any coin/token you own to earn interest.

Even so, lending itself is still risky if the price of the coin you're lending to falls during the loan term.

Example: You open a BTC extend. The interest rate is 1.6%/year for 14 days.

July 16, 2021 (starting lending): BTC price is $55.

July 30, 2021 (principal + interest payment): BTC price is $50.

If you lend 5 BTC, your estimated principal and interest will be: 5 + 5 x 1.6% x 14/365 = 5,003 BTC, equivalent to $275,165 (calculated at the time of lending).

But if calculated according to the BTC price at the time of interest payment, the total income will be 5,003 x 50 = $250,150, a decrease of more than 10%.

5. Hold Dividend Token

Dividend Token allows holders to receive passive income without having to have ownership in the organization.

Example of dividend token:

KuCoin Token (KCS).

50% of all exchange transaction fees are shared with token holders.

Holders receive a daily dividend payment.

Dividends will be paid in the form of KCS tokens. You can sell or add to your existing portfolio.

There is no minimum holding period, you can sell your tokens at any time.

You need a minimum of 6 KCS tokens to be rewarded.

Bibox Tokens (BIX), which pays owners 45% of Bibox's net transaction fee profits.

Bibox Dividend Bonus was introduced in April 2018. To qualify for a dividend payment, you just need to buy Bibox tokens, hold and lock at least 500 of them on the exchange. And then every week on Friday you will get 30-45% net trading profit share for that week.

Previously bonuses were paid out only if you made at least one trade during that week. But this has since been changed, which is a welcome update for investors looking for passive income.

In some cases dividend payout depends on whether the issuer has met performance milestones or targets and this is beyond your control.

In addition, dividends are distributed when the project is profitable. If the project starts to lose money, you may not receive regular dividends and the value of the tokens you are holding may plummet. Therefore, you should consider investing carefully before entering the market.

Conclusion:

Korea Selatan - Seoul, 11 Agustus 2042

Setelah hari kebahagiaan kakak dan Hyunjae yang menikah beberapa minggu yang lalu. Kini saatnya aku yang bahagia karena ini adalah hari pertamaku menjadi seorang penghuni baru di kampus yang sama dengan Boo.

Baru saja aku melangkahkan kakiku di kampus, sudah banyak sekali pria-pria yang mencari perhatian untuk menyapaku.

Etherconnect Staking Platform is Live and Growing Returns Every Day!

We are thrilled to announce that the first iteration of the Etherconnect platform is now live at https://etherconnect.co! Today’s we set the milestone for us and the next step in our journey to hand financial control back to the people. The platform will provide the Etherconnect worldwide community with an avenue to participate and earn daily passive rewards in the broader DeFi and PoS cross-chain space!

What you need to know about Etherconnect’s platform.

Etherconnect focus on enhancing the utility of the ECC coin in a decentralized, non-custodial manner. Our very first staking pool caters to the ECC Coin as it currently stands as an Ethereum-based, ERC-20 token. Specifically, through our first staking pool in the Etherconnect platform, ECC coin holders can now stake and earn staking rewards in a non-custodial manner, by interacting directly with an on-chain smart-contract. Besides never giving up control of your ECC, we have also structured the platform in an incredibly user-friendly and easy to navigate structure. - Asset: ECC (ERC-20);

- Estimated Annualized Reward: Pool will launch with an estimated annualized reward of 88.88% (daily equivalent of ~0.24%). The daily rate (and respective annualized reward) will be adjusted on a monthly basis by the Etherconnect Council;

- Reward Accrual Terms: Rewards accrue every 24-hours at the daily equivalent reward rate, starting from the moment a staking transaction is successful. This means initial rewards will not be shown until after the first day of staking;

- Reward Distribution: Users can choose to either stake or claim rewards at any point once they have been accrued: (1) Staking outstanding reward balance immediately transfers reward tokens to the user’s staked balance, and starts accruing rewards; or (2) Claiming outstanding reward balance kicks off an 8-day unstaking timer, after which the staking reward tokens become available for withdrawal;

- Unstaking Staked Balance: Users can not unstake at any time the minimum staking duration for ECC is 365 days. But staking income can withdrawl anytime from the Etherconnect platform.

Next Step: Etherconnect delegator rewards program.

In addition to the above ERC-20 staking pools, we will be officially launching our delegator rewards program over the coming weeks, also to be accessible via the Etherconnect platform. Through this program, our fellow Etherconnect will be able to delegate a growing list of Proof-of-Stake (PoS) assets to the various Etherconnect validator nodes and earn ECC rewards in addition to the relevant chain’s native asset. If you have been paying attention to our project’s development, you will notice that we have been continuously working on expanding our list of Proof-of-Stake network partners. We will look to roll out the delegator rewards program with several of these, so if you hold any of those chains’ assets, keep your eyes peeled for when these programs roll out!

Where we are heading.

The above is just but the first piece of the puzzle in the broader Etherconnect suite of its DeFi product offerings. We will continue to develop our broader range of Substrate-based smart contracts to the binance blockchain ecosystem through BNB Smart chain. In addition to our multi-asset staking services, our robust roadmap still sees many of the Etherconnect features ahead of us that will truly set us ahead through our proprietary lending, borrowing, Etherconnect Ecosystem, and other services. We truly believe that the future of blockchain will be based and built around cross-chain ecosystems, and we look forward to migrating and deploying our broader suite of product offerings, with our growing partners, as we and the Binance smart chain ecosystem continue to blossom.

About Etherconnect Ecosystem:

Etherconnect is a worldwide community-governed DeFi protocol platform focusing on Staking, , Yield farming, Stablecoin, Lending, and Governance. Etherconnect leverages the crowd’s wisdom to create a worldwide community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the binance smart chain ecosystem, Etherconnect gives financial control back to the people to store and grow wealth together.

We are excited to announce that EcoCelium is in the Alpha TestNet Phases!

We will do rigorous testing in the TestNet process to make sure that this product is bug-free before we transition into the beta phase. Once in beta, EcoCelium will be released to the first 100 users. These users will be able to actively participate in the Ormeus Ecosystem DeFi experience.

EcoCelium is a game-changer in the DeFi marketplace. It isn’t just a safe and secure smart contract system-it actually utilizes over 19 smart contracts to interconnect multiple DeFi yield opportunities!

🔸 Here are some of the awesome features of EcoCelium:

▪️Wallet Connect—Safe and Secure

By using our Ecosystem and the technology behind this process, we can offer multiple features in the traditional DeFi marketplace, all built into the EcoCelium platform. With our Wallet Connect feature, your funds are always safe and secure inside your own wallet.

▪️Earn Tab—Your Money, Your Control

The Earn Tab allows you to pick your yield opportunity, choose your expected yield return, and then watch the trading system on a peer-to-peer platform.  This special feature gives you the ability to earn higher yields than in most other areas of the marketplace and continually use our stable crypto to crypto trading mechanism.

▪️Abacus—AI DeFi Discovery Tool

Our EcoCelium technology is powered by Abacus. Abacus is an artificially intelligent DeFi discovery tool, an up-and-coming technology. It not only discovers and pulls price feeds, but also interacts with other smart contracts, thus keeping you in a completely safe and secure situation throughout the entire process.

▪️Yield Farming Opportunity –Grow Your Money Tree

Now you have the opportunity to use your ORMEUS, ECO, OMC, USDT, ETH and BTC for yield farming. Our yield farming opportunity allows you to earn a solid income from your yield over a period of time and provides liquidity of cash flow. This ensures the longevity of your yield and continues to build the value of your entire asset.

▪️Swap Feature—Own Your Own Exchange

Our Swap Feature is just like a Uniswap or an exchange-it’s where you can trade your Ormeus coin for any of the other coins in the Ecosystem. It gives you the ability to trade other cryptos such as USDT, BTC, or WBTC (an Ethereum based BTC). It also gives you the ability to participate in any type of crypto-to-crypto swapping. We have built a seamless system to support this. It is like owning your own exchange!

▪️EcoLizer—More Liquidity, More Profit

We will be launching EcoLizer, which will be a balancer pool system. With EcoLizer you will be able to put one percentage of USDT and another percentage of Ormeus, OMC, or Eco into the pool. Some pools’ percentages may be 90:10 and some pools may be 50:50. This feature will allow you to create liquidity in the marketplace, help the value of the tokens, and at the same time, earn profits when tokens are swapped.

▪️Treasury—A Powerful Tool to Create Legacy Income

EcoCelium’s Treasury feature is amazing! It allows you to stake your token in a term-deposit and become a partner/referrer of EcoCelium. This means when you refer someone to EcoCelium, you will be able to earn a long-term override on all their gains for the lifetime of the project. EcoCelium’s Treasury feature will allow you to grow your income for the next 100+ years as we continue to build something that is going to change the marketplace as we know it! We trust that this quick update inspires you like it has inspired us. We want you to know that we are empowered with all the necessary technologies and master minds behind our project and that we are far ahead of the curve in DeFi.

You are invited to join us on this incredible journey and we look forward to sharing this wealth creation opportunity with you.

▪️Recap

Our EcoCelium technology and platform are built on 19+ smart contracts which are powered by an Artificial Intelligence System. The most crucial aspect of this system is that it is completely safe and secure for our users. The entire system will be audited by multiple third parties.

Our aim is to make EcoCelium the dominant piece in the entire crypto currency marketplace when it comes to decentralized finance.

EcoCelium is a place you can feel safe and secure to keep your funds and a place where you can earn a great return, and grow your assets for many years to come.