The wealthy understand the power of passive income. It frees up their time, gives them control over their work-life balance, and leaves them in a position of improved financial security. Passive income is defined in layman’s terms as using existing assets to generate more assets. The famous quote from value investor Warren Buffet speaks about passive income: ‘If you don’t find a way to make money while you sleep, you will work until you die.’
Investors must generate passive income to improve their financial condition, and the decentralized revolution makes this easier than ever. Oryen (ORY), PancakeSwap (CAKE), and SpiritSwap (SPIRIT) are some of the best passive earners within DeFi.
Oryen delivers an astounding fixed 90% APY, and this rebase protocol employs its OAT or Oryen Autostaking Technic to provide value to investors. This automatic staking means that investors do not need to stake ORY, and receive their rewards directly in their wallets. Oryen funds these positive rebases through trading fees, with every buyer paying an 8% tax and every seller paying a 12% tax. The Oryen protocol is community driven and delivers the profits directly to investors instead of building a treasury fund. This community-focused strategy allows the members of this collective to build and grow together.
PancakeSwap is the premier decentralized exchange of the Binance ecosystem. This food-themed DEX was released by anonymous developers in 2020 and provided thousands of earning strategies for investors. PancakeSwap distributes CAKE to investors who provide liquidity to the liquidity pools, and CAKE can be single-staked for further yield. DeFi enthusiasts love to engage in layered earnings on this platform.
SpiritSwap is one of Fantoms ecosystem’s best decentralized exchanges and a perfect place to generate passive income. SpiritSwap provides trading, staking, and farming opportunities. Investors generate SPIRIT for contributing to liquidity pools, and this SPIRIT can be staked in exchange for inSPIRIT, the governance token. inSPIRIT grants users the ability to vote on yield bonuses for certain liquidity pools, allowing them to boost their earnings. SpiritSwap also provides permissionless lending and borrowing and has a bridge making it a mainstay of the Fantom ecosystem.
Ordinary people work to pay rent. Investors have their money work for them. The protocols mentioned above are all excellent passive income opportunities, and all three can change the lives of investors buying today.
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