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How can I earn passive income as an Axie Scholar in the world of digital currencies?

avatarFlores LauDec 18, 2021 · 3 years ago3 answers

As an Axie Scholar in the world of digital currencies, what are some ways to earn passive income?

How can I earn passive income as an Axie Scholar in the world of digital currencies?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    One way to earn passive income as an Axie Scholar is by breeding and selling Axies. By strategically breeding Axies with desirable traits and selling them on the marketplace, you can earn a steady stream of income. Additionally, you can earn passive income by staking your Axie tokens in a liquidity pool and earning rewards. This allows you to earn a percentage of the transaction fees generated by the platform. Another option is to become an Axie Scholar manager, where you can earn a percentage of the earnings generated by the players you manage. This can be a great way to earn passive income while helping others succeed in the game.
  • avatarDec 18, 2021 · 3 years ago
    If you're looking to earn passive income as an Axie Scholar, one strategy is to focus on earning Small Love Potions (SLP). These tokens can be earned by winning battles in the game and can be exchanged for other cryptocurrencies or sold on exchanges. By consistently playing and winning battles, you can accumulate a significant amount of SLP over time. Another way to earn passive income is by participating in the Axie Infinity scholarship program. As a scholar, you can earn a portion of the earnings generated by the Axies you borrow from the scholarship program. This can be a great way to earn passive income without the need for significant upfront investment.
  • avatarDec 18, 2021 · 3 years ago
    As an Axie Scholar in the world of digital currencies, you have the opportunity to earn passive income through various means. One option is to participate in the Axie Infinity scholarship program. This program allows you to borrow Axies from a sponsor and earn a portion of the earnings generated by those Axies. By playing the game and earning in-game rewards, you can generate a steady stream of passive income. Another way to earn passive income is by investing in Axie Infinity governance tokens. These tokens give you voting rights and a share of the platform's revenue. By holding and staking these tokens, you can earn passive income through dividends and governance rewards. Additionally, you can earn passive income by providing liquidity to decentralized exchanges that support Axie Infinity tokens. By supplying tokens to liquidity pools, you can earn a share of the trading fees generated by the platform.