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Discovering Crypto Passive Income in DeFi

Decentralized Finance (DeFi) allows users to earn passive income on their crypto holdings without traditional banking. Here are the main methods:
1. Staking: Lock tokens in a blockchain to earn rewards, similar to earning interest.
2. Liquidity Provision (Yield Farming): Supply crypto pairs to decentralized exchanges to earn trading fees and additional rewards, though it carries risks of impermanent loss.
3. Lending and Borrowing: Lend crypto on platforms like Aave to earn interest or use it as collateral for stablecoin loans.
4. Automated Vaults: Platforms like Yearn Finance optimize investment strategies automatically for better yields.
5. Rebase Tokens Reflections: Some tokens distribute rewards automatically from transaction fees, although they can be risky.

Getting Started:
1. Create a crypto wallet (e.g., MetaMask).
2. Purchase crypto (ETH, BNB, USDT).
3. Transfer to DeFi-compatible chains (Ethereum, BSC).
4. Select a passive income strategy (staking, farming, etc.).
5. Monitor rewards using tools like Zapper.
6. Reinvest earnings for growth.

This approach allows your crypto assets to work for you 24/7.

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