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cover of episode Ep022 - How to earn passive income & retire on ADA

Ep022 - How to earn passive income & retire on ADA

2021/8/24
logo of podcast Learn Cardano Podcast

Learn Cardano Podcast

Shownotes Transcript

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)