Today I stake and my journey for passive income continues. Anchor Protocol promises 19% APY on any UST stable coin that you hold in essentially what is a vault stored through a smart contract online. This vault is supposed to be the “invincible” storage of your asset while you’re compounding for providing the network with liquidity and value from your investment.
Let’s get paid!
🔱 Anchor Documentation
https://docs.anchorprotocol.com/
– Stability in a money market
– Becoming a bank through lending
💻 Dashboard and Deposit History
– Deposit history
– Total profits → $84
– 84/21 = $4 / day
🤑 Why earning consistent $ is important to me in the crypto market
– To the crypto extremists, yes $ losing value but it translates to value faster right now
– Inconsistency in market
– Current market conditions outside of crypto are terrible
– Smart contracts with proper audits work
– Deposits + Collateral locked (TVL) in a money lending market
– Diversifying
🧠 Rates the Anchor Smart Contracts Follow
– https://docs.anchorprotocol.com/protocol/money-market
🌠 Other ways to join the lending market for passive income
– Staking Rewards
https://www.stakingrewards.com/
***
Outro Song by Tweeba – Karmic Throne
***
https://www.youtube.com/watch?v=Y8ucbaunA7I
***
Cool Videos
***
5 DeFi Protocols to Know in 2022 – https://youtu.be/dx21krsT5To
Harmony Validator Node (NEED to Knows and Financial Projection) – https://youtu.be/nuo0YvBTjYM
My 2022 Crypto Investments – https://youtu.be/rX8zE8151AU
Crypto New Yorker VLOG (IRL NFT Minting) – https://youtu.be/tJn_dmzUL7M
*********
best savings account,high interest savings account,savings account,best savings account 2021,high yield savings account,savings accounts,top savings account,high interest rate savings account,best savings account uk,best savings account 2020,uk savings accounts,best savings account uk 2021,best high yield savings accounts,best savings accounts,high yield savings account 2021,online savings account,top savings accounts 2021,best savings accounts uk,earn 20% on usd,earn 20% on ust,altcoins 2020,bep-20,top altcoins 2021,low cap crypto 2021,how can anchor protocol guarantee fixed 20% apy,low cap altcoins 2021,best defi projects 2021,crypto passive income 2021,blockchain,technology,decentralized,sharding,crypto,cryptocurrency,scalability,proofofstake,defi,decentralized finance,economy,bitcoin,ethereum,one,money,blockchain technology,blockchain explained,what is blockchain,anchor protocol,anchor protocol terra,anchor protocol tutorial,anchor protocol borrow,anchor protocol review,how to use anchor protocol,anchor protocol explained,anchor,anchor savings protocol,anchor protocol savings,anchor protocol deposit,anchor protocol ust,anchor protocol anc,anchor protocol token,anchor protocol staking,how to buy anchor protocol,anchor protocol price prediction,mirror protocol,anchor protocol apy,anchor protocol earn