There are several ways to earn crypto and dollar in 2022. Some of the most common ways to earn crypto are blogging and Play2Earn gaming. Hive ecosystem has several dApps that enable people make money by blogging and playing games daily.
When it comes to earning crypto, the cryptocurrencies / tokens may not have any story, value or market to have a source of income in exchange of your efforts. Until now, we have witnessed the fall of several projects because of sell pressure and lack of sustainable long term operations.
In Hive ecosystem, you can easily earn dollars by blogging and send dollars to Ethereum (L2) called Polygon Network. Let's see what are the 3 steps that you can earn money and make more money easily:
Step 1: Engage, Learn & Earn in Hive
It sounds pretty cool but is it possible to learn and earn without investing?
Actually, it has been happening in Hive ecosystem for several years. First, you will have your Hive account then you can use many Hive interfaces such as LeoFinance, PeakD and Hive blog.
Each time you receive upvotes from other users, you start earning Hive & Hive-backed Dollar that is a cross-chain stablecoin. Also, you can earn tokens for free in Layer 2 according to the topics of your blog post.
Here is an example:
As you can see above, My Post on LeoFinance L2 and Hive Blog Post gets Hive, Leo token and Hive Dollar as rewards. Moreover, my friend @rtonline earns these crypto assets as a reward for engagement. You receive your rewards after exactly 7 days.
Okay, now that we receive our post and/or comment payouts after 7 days, how can I send my money (HBD) to Polygon Network?
Step 2: Bridge Your Money via Leo Bridge
Wleo.io is a website that is designed to initiate cross-chain transactions between Polygon, Hive and Binance Smart Chain blockchains. Initially, the website was launched to bridge your LEO (Hive), WLEO (Ethereum), BLEO (BSC) and PLEO (Polygon) tokens from one blockchain to another.
Now, you can transfer your Hive Dollars from Hive blockchain to Polygon Network by using pHBD option.
There is only %0.25 transaction fee reduced from your transfer to distribute it to stablecoin pool on PolyCUB platform. Basically, the money is distributed back to you 😎
Let's see how it works in an example transaction:
I sent $5.5 HBD to @p-hbd (owned by @leofinance developers team) account and I received a confirmation transaction with Tx Hash on Polygon Network.
Do you want to learn how to do it step by step?
Well, both Leo team's post and @readthisplease in his post explained the whole process perfectly. To learn the details, check out these amazing posts!
Step 3: Provide Liquidity in pHBD/USDC Stablecoin Pool with Highest APR
At this point, you should be familiar with how liquidity pools work and what to do if you want to provide liquidity. Yet, do not be sad if you are new in De-Fi ecosystem. Hive has talented writers that explain every single thing clearly for newcomers.
Here you can check @ph1102's tutorial post to learn how to provide liquidity step by step. After you follow the steps and provide liquidity, you start earning PolyCUB tokens + LP Fees from the stable coin pool.
Guess what, PolyCUB platform has the best APR for stablecoin pools compared to other popular De-Fi projects.
Generating Revenue Without Investment in 3 Steps ✔
You found the best way to make crypto income for yourself with no initial investment.
In Hive ecosystem, you started earning Hive, L2 tokens (such as Leo) & Hive Dollar (HBD) in the first step.
Next, you used Leo Bridge to move your stablecoin HBD from Hive blockchain to Polygon Network.
Finally, you provided liquidity on next generation De-Fi platform PolyCUB to get highest APR rate for your stablecoin pair pHBD / USDC.
As we always say, Hivefixesthis💎🐾
Posted Using LeoFinance Beta
