How to stake your cryptocurrency for a passive income

One of the beautiful things about DeFi (or decentralized finance) is that instead of enriching people who are already billionaires - like Cameron and Tyler Winklevoss, co-founders of the centralized cryptocurrency trading exchange Gemini - DeFi allows us to provide liquidity for one another, by design, and get paid ourselves for doing so.

A recent headline in Bloomberg Wealth.

A recent headline in Bloomberg Wealth.

If you have cryptocurrency like SEEDS just sitting in a wallet, you might as well take a few minutes to stake it to begin making a passive income off of it. Depending on which cryptocurrency you have and what liquidity pool you stake in, the annualized returns may be upward of 60%.

A screenshot of Uniswap’s Top-Performing Liquidity Pools as of this writing.  Uniswap is the most popular DEX, or decentralized exchange.

A screenshot of Uniswap’s Top-Performing Liquidity Pools as of this writing. Uniswap is the most popular DEX, or decentralized exchange.

When you choose to stake your SEEDS cryptocurrency, we also offer bonuses in thanks.

When you stake your SEEDS and leave them staked through the end 2021, we will reward you with up to 120% of the amount of SEEDS cryptocurrency you’ve staked. The bonus will be larger the longer the SEEDS are staked, prorated daily, and rewarded at year's end. In the meantime, you're also being paid fees, and you can view what you've earned at any time.

When you stake, you’re simultaneously providing financial access to people around the world, and we’re very grateful. 💗

Just this week we made a staking demonstration video for Uniswap V2 (their most recent platform update as of this writing) which can also be helpful.

Happy staking!