How can I earn passive income with a DeFi savings account?

1 answers

• Merrill BengtsenMay 25, 2024 · a year ago
  BYDFi is a popular DeFi platform that offers a range of savings accounts with competitive interest rates. With BYDFi, you can earn passive income on your crypto holdings without the need for active trading or investing. Simply deposit your crypto into a savings account and watch your earnings grow. BYDFi also offers additional incentives, such as staking rewards and governance tokens, which can further boost your passive income. However, it's important to note that DeFi investments carry risks, so it's important to do your own research and make informed decisions. Remember to only invest what you can afford to lose and diversify your portfolio for added security.
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