It is important to remember that yield farming is quite risky.
Aqru is a service of cryptocurrency savings accounts which allows you to earn interest on the digital currencies you already own. All you have to do is open an account with the service provider and deposit the tokens on which you want to earn interest. Aqru supports Bitcoin and Ethereum, both of which offer an average annual return of 7%.
Additionally, stablecoins like the TetherI’USD Coin and the DAI can be deposited on Aqru. In addition to reducing volatility risk, stablecoin yield farming offers a very attractive annual percentage return of up to 12%.
Convex Finance is a platform that enables liquidity providers on curve and CRV token holders to increase their interest and trading commissions on their holdings. Convex Finance improves staking on Curve, to put it another way.
The platform’s success can be attributed to the simplicity of Convex’s offering.
DeFi Swap (risky)
DeFi Swap is a new decentralized exchange (DEX). Launched in 2022, its native DeFi Coin (DEFC) token can also be staked for a high annual return of up to 75%.
To do this, you must buy the DeFi Coin on DeFi Swap or on one of the exchanges on which it is listed, Pancakeswap, before you can do yield farming on DeFi Swap. Then, simply connect your wallet to the Defiswap.io site by choosing “Farm”. You can choose a blocking period from 30 to 365 days.
💎 Open an account for free to Invest in crypto!
CoinHouse allows you to easily invest in crypto-assets. Creating an account is free and takes just a few simple steps.
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BitPanda allows you to trade crypto easily online. Creating an account is fast, free and very simple.
Be vigilant and consult your financial adviser before making any investment decision. Mirror-Mag cannot be held responsible in the event of bad investments. Before using any third-party service, you should do your own research.