Passive Income From These Defi Projects Could Replace Your Day Job: Uniglo (GLO), Helium (HNT), Avalanche (AVAX)

Passive Income From These Defi Projects Could Replace Your Day Job: Uniglo (GLO), Helium (HNT), Avalanche (AVAX)

While lots of people get into crypto for the short-term price gains—that's not where the real solid money is being made. Yes, crypto can be highly volatile, but picking a coin in the hope it moons within a few days is extremely risky. And while millionaires have been made from such short-term volatility—lots of money has been lost, too. That's why you need to think more about the long-term, especially the passive income benefits crypto can bring you. It might not double or triple your money overnight, but it could make you a sustainable income you can rely on—and hopefully quit your day job.

There are various ways to make passive income with crypto. These include staking for regular yield returns, crypto-based ETF funds and more. Some platforms like BNB Vault have started offering simple ways to earn a yield on your investments, at just the click of one button. There are also plenty of new crypto projects that aim to bring passive income benefits to the masses with unique solutions for yield earning possibilities. Let's have a look at a few options:

Uniglo (GLO)

The team of expert developers has helped create a unique proposition for the crypto world: truly deflationary, asset-backed, and community-driven crypto that has one of the strongest value bases we've seen for some time. That's because GLO's vault (built from a sales tax) tax on a range of real-world and digital assets to provide a truly solid store of value and their unique dual-burn mechanism help create ongoing scarcity and a currency that can withstand inflationary pressures.

GLO is a good passive income option because it allows users to own a slice of an asset they may previously have been unable to reach. GLO's vault includes investments into other cryptos as well as digitized versions of real-world gold, fine art, and more. While GLO's value is not prone to over-speculation like BTC or other assets, it is still built for growth. And getting in early by buying it now during pre-sale could allow you to sit back and continue to earn for decades.

Helium (HNT)

Helium has helped create a unique mining system that doesn't rely on expensive infrastructures like GPUs but on radio technology and networks instead. This opens the opportunities for far more people to mine Helium at a more affordable price point, and it's also a great passive income option for those who want to set up mining rigs and simply enjoy their yields growing over time.

Avalanche (AVAX)

As a fast and usable smart contracts platform, Avalanche is slowly becoming more important in the blockchain space. There are also plenty of passive earning opportunities with AVAX, its native token. These include rewards from staking and more.

Conclusion

Passive income is the real key to success in crypto right now, so these three projects are all great options. Check them out today.

Find Out More Here:

Website:  https://uniglo.io 

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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