Showing posts with label defi. Show all posts
Showing posts with label defi. Show all posts

Thursday, November 5, 2020

Passive Income with DEFI and Smart Contracts

First, what is DEFI?

DeFi, short for decentralized finance - it's the notion that crypto entrepreneurs can recreate traditional financial instruments in a decentralized architecture, outside of companies' and governments' control. Compound is a crypto version of a money market fund, letting users earn interest. 

Basically, DEFI Staking allows you to invest your existing Crypto and earn interest from it. There are several staking platforms out there and you must do your own research before investing in one of them. Remember only invest what you are comfortable in losing.

🤝 Click here to see what projects I have been involed with🤝