What are the most popular web3 applications for earning passive income with cryptocurrencies?
Gaurav GuptaJan 05, 2023 · 3 years ago1 answers
Can you recommend some popular web3 applications that allow users to earn passive income with cryptocurrencies?
1 answers
- Emery SomervilleMar 26, 2024 · a year agoWell, when it comes to earning passive income with cryptocurrencies, one of the most popular web3 applications in the market is Compound Finance. It allows users to lend their cryptocurrencies and earn interest on them. Another popular option is Yearn Finance, which is known for its yield farming strategies that help users maximize their returns. If you're interested in borrowing and lending, Aave and MakerDAO are also worth considering. These platforms offer different lending and borrowing options, allowing users to earn passive income through interest payments. Remember, always do your own research and understand the risks before diving into any investment opportunity. Good luck!
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