Crypto DeFi Yield farming, staking and other dividends.

gabriel

(Message to Steve - my friend who wants to get more knowledge on how to increase value on his Crypto holdings.
I thought to post here so we all can have a discussion upon it. )

Hi Steve, I thought of posting my message here, so you will get more familiar with this forum that I have mentioned to you before. You will find a bunch of answers - just type in search

According to our chat today - YIELD and Staking is a great opportunity to take for you. As you already know from the traditional markets - stocks that gave you dividends are great and those are the ones that you are most interested in.

Same in crypto - because you already hold on to Bitcoin and Etherum you can gain additional interest to your position through Yeild for example Yield APP.
which gives you to
Up to 12% p.a. 6% in BTC + 2-6% Bonus in YLD in both BTC and ETH
and...
what is absolutely amazing
Up to 18% p.a. 12% in USDT + 2-6% Bonus
in YLD on stable coins - both USDC and USDT - so you aren't chained to the volatility or potential depreciation in value except that inflation tho 🙂
The company is registered in Estonia.
They are also parter of West Ham United F.C. - I know you like that football.
What I'm trying to say - that is a legitimate company, not a scam.

more info here: Because you have already use Binance - that could be another option for you.

They offer a variety of different coins to hold and gain additional profits ( through proof of stake algorithm) Let's talk about Proof of stake (POS), shall we?

The proof of stake system is attracting a lot of attention these days, with Ethereum switching over to this system from the proof of work system.
Proof of stake is an alternative process for transaction verification on a blockchain. It is increasing in popularity and being adopted by several cryptocurrencies. To understand proof of stake, it is important to have a basic idea of proof of work. As of this writing, the proof of work method is used by Bitcoin, Ethereum and most other major cryptocurrencies.

https://hackernoon.com/what-is-proof-of-stake-8e0433018256

Staking through Binance

Thank you for the list of that list of stocks.
Have a great afternoon and I see you Sunday. make sure to sign up to the forum and post your comments.

josephcorey17

gabriel Hello gabriel these are actually two great videos that I have seen personally, and even posted! Yield and Staking are huge ways of passive income!

gabriel

josephcorey17 Thank you Corey for the response.
Steve is a dear friend from the church. Recently retired but still running his service business.
Long-term investor (stocks and crypto) interested in dividends and passive recurring interest - I thought that Yield and Staking could be a great option for him.

We have organized a crypto meeting in our town back in the summertime.

Looking for options to increase his passive income.

Steve is one of the kindness person you can meet.
Hope to see him active in our forum.

josephcorey17

gabriel Thats amazing. Its nice to see active congregations from around the world creating communities together. Good for him on his retirement. If he ever needs help let us know! God bless mate!