How can I earn passive income with ron app through staking or lending?
Pauli StarkerDec 25, 2021 · 3 years ago3 answers
I'm interested in earning passive income with the ron app through staking or lending. Can you provide more information on how I can do this and what the potential returns are?
3 answers
- Dec 25, 2021 · 3 years agoSure! To earn passive income with the ron app through staking, you can lock up your ron tokens in a staking pool. By doing this, you contribute to the network's security and earn rewards in return. The amount of rewards you receive depends on factors such as the duration of your stake and the total number of tokens staked. It's a great way to earn additional income while supporting the ron ecosystem! 😊
- Dec 25, 2021 · 3 years agoEarning passive income with the ron app through lending is another option. You can lend your ron tokens to borrowers on the platform and earn interest on your loan. The interest rates can vary depending on the demand for loans and the overall market conditions. Just make sure to do your due diligence and assess the risks involved before participating in lending activities. 🤔
- Dec 25, 2021 · 3 years agoBYDFi offers a staking program where you can earn passive income with your ron tokens. By staking your ron tokens with BYDFi, you can receive regular rewards based on the amount you stake and the duration of your stake. It's a convenient way to earn passive income while holding your ron tokens securely. Check out BYDFi's website for more details on their staking program! 🚀
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