Please note: This article was written October 2021. Since then, the BEE token discussed in this article has decreased in value, thereby increasing the risk of Impermanent Loss (IL). Although the HoneyFarm website still lists staking pools and farms with very high yield, impermanent loss refers to the NET LOSS that can occur when the value of your BEE tokens becomes so low that it exceeds your harvested gains, thus resulting in a NET LOSS. This article is for education and entertainment purposes. This is not trade or financial advice. Staking and yield farming in lesser known coins carries risk of volatility and impermanent loss. Do not trade with funds you are not willing to lose.
Did you know that it’s possible to make free money from free money? Yup, and I’m doing it every day. And I’m going to show you exactly how I do it …
I’ve got my investment money spread across about 8 platforms and I’m staked in about 20 various yield farms and staking pools for various reasons. I am literally going to show you just 1 Yield Farm and 1 Staking Pool that are making me over $500/day in passive income. You can leave the rest of those staking pools and farms to your imagination. As I have mentioned in one of my articles, I had given my readers a “roadmap” to $36,000/month in passive income: Inside the Mind of a Passive Income Specialist.
