Many cryptocurrencies offer the chance to make passive income. Caged Beasts will launch a referral program and Avalanche and Polygon offer staking.
Passive income has always been an attractive concept, allowing individuals to earn money with minimal work. In the crypto world, the pursuit of passive income has gained significant attention. Avalanche (AVAX), Polygon (MATIC) and Caged Beasts ($BEASTS) offer exciting opportunities to earn passive income, from staking rewards to referral programs. Read on to discover how to earn passive income while participating in the crypto ecosystem.
Avalanche: Embracing High-Staking Rewards
For investors looking for an opportunity to earn passive income with staking, Avalanche may be the way to go. This layer-1 blockchain platform is committed to decentralisation and ensures integrity and security within its network. By pledging AVAX tokens users become an integral part of Avalanche’s economic security, helping to protect the overall value of the network. This approach builds trust and a solid, reliable foundation. Avalanche also stands out for its high staking reward rate, averaging around 8.06% annually. by staking AVAX tokens, investors can maximise their holdings while passively growing their assets over time.
Polygon: Scaling Ethereum with Staking Rewards
Polygon acts as a layer-2 scaling solution for Ethereum, facilitating faster, cheaper and more secure transactions. Combining proof-of-stake and Plasma technologies, Polygon employs various scaling techniques. Polygon is also interoperable with Ethereum, which allows users to move their assets between the networks easily, providing a user-friendly and seamless experience. Staking MATIC varies by exchange, but averages at around 4.5-5% per year. One of the most attractive features of Polygon staking is that there are currently no minimum staking requirements, so users can participate without any limitations.
Caged Beasts: a Unique Presale with Passive Income Potential
Caged Beasts is at the start of its crypto journey, with presale starting very soon. This unique, community-driven project aims to establish a significant presence in the world of decentralised finance (DeFi) while offering an exciting presale experience and the chance to make passive income.
With Caged Beasts, users can earn passive income through the unique referral program. When presale starts, users will be able to generate their own referral code and invite others to join the Caged Beasts community. Whenever someone uses that code, making an ETH, BNB or USDT deposit, the owner of the referral code will instantly receive 20% of their deposit to their wallet. Plus, it’s a win-win as the investor who used the code will also receive an additional 20% of $BEASTS tokens.
Passive income has always been an attractive concept, allowing investors to earn money without the constant active involvement. Avalanche, Polygon and Caged Beasts all offer exciting opportunities to earn passive income in the crypto world, with high returns. Caged Beasts is due to start its presale soon, and it is showing limitless potential. Investors can register their email on the Caged Beasts website to join the presale and keep up to date as this project develops.