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Ep022 - How to earn passive income & retire on ADA
Published 4 years, 6 months ago
Description
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
DISCLAIMER: This content is for informational and educational purposes only and is not financial, investment, or legal advice. I am not affiliated with, nor compensated by, the project discussed—no tokens, payments, or incentives received. I do not hold a stake in the project, including private or future allocations. All views are my own, based on public information. Always do your own research and consult a licensed advisor before investing. Crypto investments carry high risk, and past performance is no guarantee of future results. I am not responsible for any decisions you make based on this content.
🔗 https://www.youtube.com/watch?v=Fq8FhvxET2k
Subscribe to the audio podcast:
🔗 https://bit.ly/learncardano-spotify
🔗 https://apple.co/3jEPM8C
🔗 https://learncardano.io/
Follow on Social:
🔗 https://x.com/learncardano
🔗 https://facebook.com/learncardano
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
DISCLAIMER: This content is for informational and educational purposes only and is not financial, investment, or legal advice. I am not affiliated with, nor compensated by, the project discussed—no tokens, payments, or incentives received. I do not hold a stake in the project, including private or future allocations. All views are my own, based on public information. Always do your own research and consult a licensed advisor before investing. Crypto investments carry high risk, and past performance is no guarantee of future results. I am not responsible for any decisions you make based on this content.
🔗 https://www.youtube.com/watch?v=Fq8FhvxET2k
Subscribe to the audio podcast:
🔗 https://bit.ly/learncardano-spotify
🔗 https://apple.co/3jEPM8C
🔗 https://learncardano.io/
Follow on Social:
🔗 https://x.com/learncardano
🔗 https://facebook.com/learncardano