How to Earn Passive Income with Algorand DeFi
Earning passive income in ALGO is different from dollars. Here's why.
Yo, gov!
The Club has moved to our own custom website: www.governorsclub.xyz.
Even though we've moved, our content and dedication to being the definitive source to upgrade your Algorand DeFi and NFT game remain unchanged!
We'll keep this substack accessible for a short period of time, but we encourage you to update your bookmarks and links to our new domain as soon as possible to continue your Algorand journey.
Thank you for your continued support, and we look forward to seeing you at the new and improved Club!
Gov Tip: If you’re new to Algorand, make sure to check out our Algorand Beginners Guide to begin your Algorand journey!
Setting up passive income streams is a thrill to me. Knowing that I’m earning money while I’m hanging with friends, watching TV, or writing this newsletter to each of you gives me a sense of freedom unlike anything else.
Algorand’s DeFi ecosystem offers another option to earn passive income – with a unique spin. Earning passive income in ALGO is different from dollars. Unlike the dollar, ALGO will appreciate in value – in theory – so saving a majority of the A you earn today could be an immensely profitable strategy for the future.
Let’s run through two scenarios and see which you’d prefer. In both scenarios you’re successful at creating passive income streams that produce an additional $15,000 per year.