Earning passive income in crypto is achievable through methods like staking, yield farming, and crypto lending. Here's a concise overview:
**1. Staking**
- **Rewards**: Earn additional tokens by locking up your crypto to support network operations.
- **Risks**: Potential token price volatility and penalties for not adhering to network rules.
**2. Yield Farming**
- **Rewards**: Provide liquidity to DeFi protocols and earn a share of transaction fees or new tokens.
- **Risks**: Smart contract vulnerabilities, impermanent loss, and market fluctuations.
**3. Crypto Lending**
- **Rewards**: Lend your assets to earn interest, often higher than traditional savings.
- **Risks**: Borrower defaults, platform security issues, and regulatory uncertainties.
Before engaging in these strategies, assess your risk tolerance and conduct thorough research.
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