How to Earn Passive Income with Algorand DeFi
Earning passive income in ALGO is different from dollars. Here's why.
Welcome back to the Club, gov!
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.