Earning Passive Income with DeFi Staking: An Overviewby@Sergeenkov
30,346 reads

Earning Passive Income with DeFi Staking: An Overview

August 8th 2021
6 min
by @Sergeenkov 30,346 reads
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DeFi staking is a powerful way of incentivizing users to hold on to their crypto holdings. In return for doing so, these users will receive staking rewards, often close to 13% of their holdings per annum. Users can achieve solid yield returns by holding their crypto. No trades or transactions are required. With fewer intermediaries, the profit potential increases exponentially. DeFi platforms manage billions of dollars in staked assets, it is evident this industry is firing on all cylinders.

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