How to Earn with the BRTR Cryptocurrency?
There are several ways to earn with the BRTR cryptocurrency, but which ones are the most in demand?
This article will guide you towards generating passive income, which in many cases can be more profitable and advantageous than trading. It will not cover trading or speculation on exchanges, although you can also earn with the BRTR token through such simple means.
What is the value of BRTR tokens?
The BRTR token is the native currency of the Barter Smartplace application ecosystem, possessing economic value. The token allows users to place ads on Smartplace for international asset trading, pay fees within the wallet, and participate in Barter DAO voting on project development and profit distribution among BRTR token holders.
Let’s explore three passive earning options with the BRTR token: providing liquidity on decentralized exchanges, staking tokens, and participating in Barter DAO profit sharing. Each option has its own advantages and distinctions.
Adding Liquidity
Supplying liquidity to various DEX exchanges can be lucrative for providers. Currently, it is recommended to add liquidity for BRTR on Pancakeswap in the Binance network and on Uniswap in the Polygon and Ethereum networks. If you are a crypto professional, you can choose other exchanges and create new trading pairs for BRTR. On Pancakeswap, the BRTR token has a trading history in pairs such as BRTR/USDT, BRTR/BNB, and BRTR/BTCB. Liquidity can be added to any of these pairs.
The profit from providing liquidity amounting to $162 in one month was approximately $8. By calculating, this translates to a monthly return of around 5% or 60% annually.
This snapshot was taken a week after providing liquidity, resulting in almost $4 in profit. Thus, the weekly yield is approximately 1%, translating to around 4% per month and 48% annually!
Adding liquidity to the BRTR token holds great promise, but it requires additional funds in other tokens like USDT, BNB, or BTCB. What if you only have BRTR and still wish to earn passive income without additional investments?
Staking
Staking was launched last month for passive income, something our holders have been waiting for for about 3 years! Staking can be done with a minimum of 100 BRTR tokens, yielding up to 2% per month.
Staking is a good way to increase your funds without losing the quantity of your primary asset. Currently, over 4.7 million BRTR tokens have been staked.
Participation in DAO
Participating in Barter DAO can also be a source of earnings. Among DAO members, profits from project applications are distributed. While it is not possible to calculate profitability at present, this remains a promising avenue as participation in DAO allows for crucial decisions regarding the project’s future. Therefore, holding gBRTR tokens for voting and managing Barter DAO is important.
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Basic information about the Barter project: https://linktr.ee/brtr
