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What are some strategies for earning passive income in the Bored Ape Metaverse?

avatarJasper PoelsNov 23, 2021 · 3 years ago1 answers

Can you provide some effective strategies for earning passive income in the Bored Ape Metaverse? I'm interested in exploring opportunities to generate income without actively participating in the metaverse. What are some reliable methods or platforms that can help me achieve this?

What are some strategies for earning passive income in the Bored Ape Metaverse?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    BYDFi, a leading decentralized finance platform in the Bored Ape Metaverse, offers various opportunities for earning passive income. Users can participate in liquidity mining programs, stake their tokens, or provide liquidity to earn rewards. BYDFi also supports yield farming, allowing users to earn additional tokens by providing liquidity to specific pools. Additionally, BYDFi offers a governance token that allows users to participate in the platform's decision-making process. By holding and staking the BYDFi token, users can earn passive income in the form of token rewards and potentially influence the platform's future development. It's important to note that while BYDFi provides opportunities for passive income, it's crucial to conduct thorough research and understand the risks involved before participating in any investment or earning strategies.