(How to achieve weekly income from the currencies you have?)
If you have cryptocurrencies and are 'parking' them in the wallet without using… you are missing out on huge profit opportunities!
Yield farming simply means providing liquidity to DeFi protocols and earning interest or rewards for it.
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✅ How does yield farming work?
You go to a DeFi platform like:
🔹 PancakeSwap (BSC)
🔹 Uniswap (Ethereum)
🔹 Velodrome (Optimism)
🔹 Raydium (Solana)
🔹 Or even Binance Earn within the app itself
Then:
1. Choose a currency pair (like USDT + BNB)
2. Add liquidity in a specific Pool
3. You receive an LP (Liquidity Provider) token
4. Use this token in the 'farm' and start earning profits daily or weekly!
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💸 How much can you earn?
✅ From 5% to 150% annually (depending on the platform and type of currencies)
⚠️ Possible higher profits… but the risk increases
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🧠 A practical example for beginners:
1. You have 100 USDT + 100 BNB
2. Go to PancakeSwap and add them as liquidity
3. You receive an LP token
4. Put the token in the BNB-USDT farm
5. Every day you see your profits accumulate (CAKE or BNB for free!)
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⚠️ Important warnings:
🚨 Risk of impermanent loss
If one of the currencies drops or rises very quickly, you might lose part of your capital
🚨 Unsafe platforms can be stolen from or hacked
💡 Use only trusted platforms + Monitor the currency project
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💡 Quick profit idea for this week:
🔎 Try Binance Earn – it has options like:
• Flexibility: You can withdraw at any time
• Lock: Higher profits, but you have to wait the duration
✅ Look for the currency you own, and if you find it supported in Earn… start earning while you sleep 😴💰
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