TOP Blockchain passive income interests 2019 DEFI DEX - NO SCAM / NO Network Marketing

in #defi5 years ago (edited)

If you have 1 Bitcoin after a year, if you don't spend it, you have 1 Bitcoin. There are some exchanges that allow to lend cryptocurrencies and give interests. It is good but you need to trust the exchange, there are alternatives more decentralized that allow to gain some interests and minimize the custodial risk.

Decentralized Finance DEFI will be the next big thing after cryptocurrencies and ICO(s)!

This strategy is mainly for people who plan to hodl a particular cryptocurrency and aren't interested in trading.

THIS ISN'T A FINANCIAL ADVICE, DO YOUR OWN RESEARCH AND INVEST AT YOUR OWN RISK

Compound (Ethereum)

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You can gain interests by lending tokens via Compound smart contract dapp. It isn't fixed but variable and it also depends by the token you lock.

SmartSTEEM (STEEM)

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The votes on STEEM/Steemit aren't all the same, if you hold STEEM as Steem Power your vote is more powerful and its value is higher.
If you delegate part of your power to SmartSTEEM or allow SmartSTEEM to sell your vote you earn STEEM and STEEM DOLLARS (SBD)

Chintai / REX (EOS)

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EOS is a cryptocurrency that has an utility, you can lock it to have the right to consume CPU and NET on EOS blockchain. If you hold more EOS than the ones you consume you can rent them and get an EOS interest for your kindness. REX is the native way to do it but Chintai is the more flexible one. You can lock EOS for 7-14-21-28 days

Uniswap (Ethereum)

It's a decentralized exchange DEX, basically in Uniswap you can swap many ETH tokens to ETH or other ETH tokens.
If you provide the liquidity you can gain a percentage of every transactions. It also means that you need to lock in the the smart contract X amount of tokens and the same value of ETH.
It doesn't mean that it will be profitable, you have the arbitrage risk, but if the price of the pairs is stable and there are many transactions it's possible that the fee collected is higher than the price fluctuation

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source ETH-DAI zumzoom

Synthetix (Ethereum)

It is a new DEX with many derivative assets backed by SNX token. Basically with Synthetix you earn transaction fees by holding SNX and you can print an amount of sUSD (synthetic USD stablecoin) that you can sell for ETH or other derivates. Currently you can buy sythetic Gold and Silver, in future you could also buy token that mimic the Apple or Tesla STOCKS directly on the blockchain.

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Do you know other DEFI project leave a comment!


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