Ep022 - How to earn passive income & retire on ADA Learn Cardano Podcast
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- Technology
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
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
38 min