#1 - Unlocking Wealth on DeFi: Mastering Secure Passive Income.


Welcome back my dear readers, 

I'm glad to have you on board of this saga.

 

Everybody all around the world wants to EARN MONEY while DOING NOTHING, and WITHOUT LOSING MONEY. Me too guys (of course). Since the beginning, when I purchased my first amount of crypto (300$ on ETH, at the time the price was 450/500 $), I immediatly started to study about blockchain, web3 and other stuffs that at the time, in the mid-end 2020, everything was in constant progress... but CEX's, Centralized Exchanges, were pretty established due to the necessity and the will of users to buy and hold crypto's. The problem was that I always looked at them as the same as I looked to banks. Many of you could say "Banks doesn't allow you to buy Crypto", Yes, it's true. But having your money, your crypto's and everything else inside a CEX after the purchase, is like having bought NOTHING. Do you know why ? BECAUSE IS NOT YOURS UNTIL YOU MOVE IT DIRECTLY IN "YOUR HANDS", with a cold or hot wallet. And apart of that, using your funds inside a CEX, with Trading, Earn programs and other stuffs, has high fees. EVERYTHING LIKE A BANK. But keeping them in here (CEX) would be a good way for be in comfort zone, without doing any research about how crypto works and HOW TO MAKE CRYPTO WORKS. 

 

Thief

 

THEN, THE LIFE CHANGING DISCOVER.

 

DEX. One word, multiple meanings. A DEX (Decentralized Exchange) is run through smart contracts on a blockchain, and as long users put money in there, it can run itself. For sign a smart contract and then provide liquidity in DEX's, you HAVE TO CONTROL your funds with your wallet. Having control on funds means transfer money from address to address, swap a currency to another currency, lending them or provide liquidity in a traid pair pool. Bunch of things that can really gives you POWER. Most of DEX's, also called with the name of DeFI, Decentralized Finance, give you the opportunity, apart of buy, sell and swap currencies, to MAKE PASSIVE INCOME WITH YOUR FUNDS. Yes, you read it well. YOU CAN EARN MONEY FROM YOUR MONEY ONLY WITH A SMALL TRANSACTION, just adding liquidity in pools, where adding your part gives you the power to earn money from the fees paid by users that are trading on this specific pair of currencies, like ETH-USDT, for example.

The only things you need to do is prepare your funds into your personal wallet, choose the DeFi you like most (you can make your decision upon the token you own, or upon the blockchain you prefer, but we will cover this topic later), looking for liquidity pools and add your currencies. 

 

THIS IS WHAT I WAS SEARCHING FOR. 

 

Rich

 

The power of earn money without doing anything.

 

Today I only told you a small part. In the future, day by day, I'll dive deep in things, giving you all explanation and multiple ways of using DeFi.

Stay tuned my friends, follow me for embrace wealth.

 

It's your GreenPanda here, have a nice day.

 

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GreenPanda
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Hi there ! It's your GreenPanda here, an aggressive yield farmer. With mistakes, you can forge your own and strong knowledge about this interesting world. Experience is what makes difference. Be CURIOUS.


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