Earn Money With Stablecoin Farming On Chainge Finance
Warren Buffet, who doesn’t know him? One of if his quotes that really resonates with me is: “if you don’t find a way to make money while you sleep, you will work until you die.” And I think there is some truth in it. The good news is that crypto offers us the possibility to earn passive income. Earning money while you are sleeping can become your reality. Who doesn’t want that?
Chainge Finance gives you the possibility to become your own bank. And by adding liquidity you can earn money. In this article you’ll learn how you can start earning money today. And all it takes is some money, because you need money to make money. And a few minutes.
In this short video of less than 5 minutes I explained how I added liquidity to the the TF-USDT and USDT pool.
Step 1
Download the app and register your account. You can find the app on Android or Apple or App Stores. With this app you can store your coins, add liquidity, write options, and become your own digital bank. But for now we will focus on earning yield by adding liquidity.
Step 2
If you visit www.chainge.finance/info/pool you can see different pools, and each pool has its own APY.
I will be adding money to the TF-USDT and USDT pool. TF stands for time-framed, which is a unique feature from Fusion which allows you to unlock the time value of your assets in a safe and secure way.
The best thing is that this pool has no impermanent loss. At the time of writing, this pool has a APY of 112%, which is not bad at all if you ask me.
Step 3
I have deposited USDT to my Chainge Finance app, along with some FSN (Fusion), because the app operates on the FSN chain and needs it for transaction fees. A few cents worth of FSN is more than enough to cover the costs.
Step 4
Now you have FSN and USDT on your app. The next step is to click on the earn button and then click on the dropdown and select USDT. And there you want to convert 50% of your USDT into TF-USDT. For doing this you will receive immediately an APY of 12.28% and you will get CHNG tokens as reward. Select earn and confirm your order. It takes a few seconds before your order is completed
Step 5
Click on the exchange button and then click on the futures and then click on add liquidity. Here you can choose how much you add as liquidity and then click on the button add liquidity at bottom of the app. And now you have successfully added liquidity.
Step 6
The final step is the best step, and that is: claiming your CHNG rewards. For this you need to click on exchange, then pools and then click on the gift emoji. You can now claim your rewards every minute or every second, whenever you want. Now you are effortlessly earning money by doing nothing. And the best thing is, the transaction fees on the FSN network are super cheap. It depends on how busy it’s on the FSN network. But the fees varies from 0.001 to 0.004 FSN.
To learn more about the Chainge app and how it allows you to become your own bank in a secure and safe environment, visit TheBirbNest.com/Chainge
