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.
It's not safe but reliable if you can find good farming I have provided liquidity and staking on Biswap, the APY is good and the price of their token is also doing good in the market, BIswap is on the way to be one of the top farming sites in the DeFi industry, but always invest what you can afford to lose, and don't put all your eggs in one basket.