What are some of the best ways to earn passive income right now? I was thinking about staking $CAKE, just staking it and not using liquidity farms. But not sure how profitable that would be, compared to some other methods. I have a 5000$ capital.
Did you know that you can earn great passive income via Stakenet staking? The dev team worked hard to ensure that staking is accessible for everyone who owns XSN - the native crypto of Stakenet.
There are currently three recommended ways to stake your XSN coins: Cloud pooled staking, Core wallet staking, and Cold staking (TPoS).
For as little as 1 XSN in your wallet, you can start staking right away.