What are the most popular AVAX dApps for earning passive income?

3 answers

• Jan 20, 2022 · 3 years ago
  Sure! One of the most popular dApps on the Avalanche blockchain for earning passive income is Pangolin (AVAX). It is a decentralized exchange (DEX) that allows users to provide liquidity and earn trading fees. You can stake your AVAX tokens and earn rewards in the form of PNG tokens. Additionally, you can participate in yield farming by providing liquidity to various AVAX-based token pairs. It's a great way to earn passive income while supporting the Avalanche ecosystem! 🚀
  479240
• Jan 20, 2022 · 3 years ago
  Absolutely! Another popular dApp on Avalanche for earning passive income is Snowball. It is a yield aggregator that automatically optimizes your yield farming strategies across multiple protocols. By depositing your AVAX or other AVAX-based tokens into Snowball, you can earn high yields and save time by avoiding the need to manually manage your investments. Give it a try and let your money work for you! 💰
  410137
• Jan 20, 2022 · 3 years ago
  Of course! BYDFi is a popular decentralized finance (DeFi) platform on Avalanche that offers various opportunities for earning passive income. You can provide liquidity to the BYDFi liquidity pools and earn trading fees. Additionally, BYDFi offers yield farming options where you can stake your AVAX or other AVAX-based tokens to earn rewards. It's a reliable platform with a strong community and has been gaining popularity in the AVAX ecosystem. Give it a shot and see how it works for you! 🌟
  496124