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Make Your Money Work for You: A Beginner’s Guide to Passive Income in DeFi
There are several reasons why you should start earning a passive income in DeFi (Decentralized Finance):
- Higher Returns: DeFi protocols typically offer higher returns on investment than traditional financial instruments, such as savings accounts or bonds. By earning a passive income in DeFi, you have the potential to earn significantly more money on your investments.
- No Central Authority: DeFi is decentralized, meaning there is no central authority controlling the network. This makes the system more resilient and less susceptible to manipulation or fraud by any single entity. Additionally, the decentralized nature of DeFi means that there are no intermediaries involved in transactions, which can reduce transaction fees and increase efficiency.
- Transparency: DeFi protocols are built on open-source technology, which means that anyone can audit the code and verify that the system is operating as intended. This provides a higher level of transparency and accountability than traditional financial systems.
- Accessibility: DeFi is accessible to anyone with an internet connection, regardless of their location or financial status. This opens up investment opportunities to people who…
