Ep022 - How to earn passive income & retire on ADA

Can you earn a living or retire from staking rewards on Cardano? This week I look at different strategies in how to earn more from ADA.In the 80s, interest rates were high and it was easy to save money and earn interest from a savings account or long term deposit. Those days are now gone with negative interest rates in some countries.Holding and staking ADA on the other hand will give you a solid 5.5% return on ADA as it is writing into the protocol.I also talk about other methods of earning rewards from other projects and protocols on the Cardano blockchain from DeFi and DEXes.Read all the show notes at https://cardanode.com.au/ep022

Om Podcasten

The Learn Cardano Podcast is about the Cardano blockchain and all its aspects, from staking, stake pool operations, smart contracts, and coding in Plutus to voting in Project Catalyst. If you have heard about Bitcoin and Ethereum but haven’t heard of Cardano, this podcast is for you. We’ll have news updates from the project, interviews with key Cardano leadership, community members, stake pool operators and step-by-step how-to guides to understand aspects of Cardano better.Subscribe and leave us a 5-star review. Join us on Twitter and our Facebook Group.Find all of the show notes at https://learncardano.io.