Stake and enjoy passive income for the rest of your time

>Stake/lend your crypto while HODLing.

There are many people who buy and only HODL your coins and tokens. So this thread is for those of you that do.

Let's say I have 32 ETH, and I am staking them for a 5.7% APY (Compared it with bank 0.40% APY.)
So 32 ETH x 5.7% = 1.824 ETH
That gives you **1.824** ETH for free by staking every year.

Many coins let you stake. BTC doesn't let you stake, but you can lend it out to generate some passive income. Generally, the APY for staking is around 6%, give or take. Some provide more. And some provide less. If you are HODLing anyway, why not let your crypto make you more crypto. (BlockFi - HodInat - Nexo - Celsius - CDC and many more platforms)

That's a win-win.

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If you're not rich

Step 1: Invest what you can afford

Step 2: Be happy with your little gains

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Problem #1
ETH is not PoS. You will be rewarded "Eth" but some shitty token.

In some shitty platforms yes. But in most of the lending platforms you will earn eth by lending eth.
I'm earning ETH by lending ETH using HodInat.

WTF, Anyone really put their money in these banks cuz of their ridiculous rates?

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Jesus Christ your thumb looks like an index finger. ngmi

Step 3: Fuck poor...

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Risk of cefi for 6% not worth it

You idiot. 6% on ETH, not shitcoins or stablecoins. It's totally worth it.
Go fuck yourself

5.7% APY in ETH-terms. The 0.40% APY is in fiat terms, which is really -29.6% APY in terms of purchasing power.

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