The bull market is coming, how to make money? Staking mining and airdrops
The bull market is here, and many investors are eager to seize the opportunity to make a fortune. But for investors with low risk tolerance or who don’t know how to operate, how can they make steady profits in the bull market?
Today we will introduce two simple and effective bull market strategies: staking mining and airdrops.
1. Staking mining
Staking mining refers to a way to pledge your tokens to a certain platform or project to obtain rewards.
The income from staking mining mainly comes from two aspects:
Staking rewards: The staking platform or project will regularly issue rewards to stakers based on the number of pledged tokens.
Token Appreciation: If the price of the staked token increases, the staker's income will increase accordingly.
Advantages of staking mining:
Simple operation: Just stake the tokens to the platform or project to get benefits.
Lower risk: Pledged tokens are usually locked for a period of time, but during this period the tokens still belong to the staker and can be unsecured at any time.
Stable income: Staking rewards and token appreciation are two stable sources of income.
Currencies suitable for staking mining in the bull market:
Top currencies with staking mining functions: such as BNB, ETH, ATOM, etc.
Currencies with high liquidity potential: such as SOL, DOT, etc.
2. Airdrop
Airdrop refers to a way for project parties to issue free tokens to community users in order to promote the project. The way to participate in airdrops is usually very simple. You only need to complete some simple tasks, such as following the project's official account, forwarding promotional information, etc., to receive airdrop rewards.
Airdrop projects suitable for participation in the bull market:
Popular projects: You can pay attention to IEO, IFO and other projects of major exchanges, as well as projects invested by well-known investment institutions.
Innovative projects: You can pay attention to projects in some emerging fields, such as DeFi, NFT, GameFi, etc.
Staking mining:
TIA: Supports staking mining, with an annualized rate of return of approximately 10%.
ATOM: Supports staking mining, with an annualized rate of return of approximately 15%.
airdrop:
Osmosis: The DEX of the Cosmos ecosystem, recently airdropped 100 million OSMO tokens.
Stargaze: The NFT market of the Cosmos ecosystem recently airdropped 150 million STARS tokens.
