Ep022 - How to earn passive income & retire on ADA
Learn Cardano Podcast
English - August 24, 2021 12:38 - 38 minutes - 88.7 MB - ★★★★★ - 30 ratingsTechnology Education How To Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: EP021 - Best Security Practises for Your Crypto Assets
Next Episode: EP023 - How to Earn Cardano (ADA)
Can you earn a living or retire from staking rewards on Cardano? This week I look at different strategies in how to earn more from ADA.
In the 80s, interest rates were high and it was easy to save money and earn interest from a savings account or long term deposit. Those days are now gone with negative interest rates in some countries.
Holding and staking ADA on the other hand will give you a solid 5.5% return on ADA as it is writing into the protocol.
I also talk about other methods of earning rewards from other projects and protocols on the Cardano blockchain from DeFi and DEXes.
Read all the show notes at https://cardanode.com.au/ep022