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Bear markets are not the time to speculate on risky assets such as cryptocurrencies. However, because cryptocurrencies make decentralized finance possible, there are opportunities for earning perpetual returns on your certain crypto assets.
Here are three ways crypto investors can earn passive income during this bear market.
How to earn passive income with BOO
SpookySwap (BOO) supports liquidity pools. Holders can deposit tokens into these pools in return for a 0.2% cut of trading fees from qualifying transactions. Users can withdraw from the pool anytime. Spookyswap also offers a yield farm pool where you can deposit Liquidity Pool tokens to earn even more income. Holders can also stake BOO tokens and earn xBOO in return. The xBOO can then be staked to earn other tokens.
We found this gem of advice on Cryptostars: “Staking LP on Fantom networks. FTM-DAI, FTM-MIM to earn $BOO. I...
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