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.
I staked my eGLD on the legit staking providers, I think its better to invest on some legit staking like elrond network. This is not a financial advice also do your own research about staking and earn passive income. 16% APR is the best percentage that can give you by the staking providers.