The current bear market is no joke for investors. Market-leading cryptos like BTC and ETH are struggling to maintain a stable price and maintain downtrends. However, the crypto spring has not yet arrived and the market will eventually recover. Meanwhile, if you are looking for a way to earn profit even in a bear market, knowing more about these three tokens will help you: Gnox (GNOX), STEPN (GMT) and Aeve (AAVE) – popular coins as kings of the market. bear market passive income. .
GNOX is a newly emerged digital asset that allows users to earn interest on their holdings. It is one of the few assets that has maintained its value throughout the bear market and continues to provide its holders with a good return.
Gnox (GNOX) is a custodial token in nature and offers the easiest and lowest risk way to earn passive income through staking and deposits. Gnox’s yield farming aggregator that collects data and automatically generates returns for holders makes the whole DeFi experience with the GNOX project easier and faster for investors.
Gnox’s yield farming system works like this: all investors have to do is buy and hold GNOX tokens. Investors hold the tokens while the gnox team deploys the cash into the investments. The profit from these is then dropped to the holders in proportion to their holdings. So, you are simply rewarded for holding $GNOX tokens, and no matter if the market is bullish or bearish, investors always generate profits. According to the GNOX team, holders get their rewards in stablecoins.
This groundbreaking approach by GNOX is attracting many investors as the current drop looks devastating to their portfolios.
The STEPN move-to-earn project is a crypto-powered fitness app that encourages users to get active by allowing them to earn in-game currency by walking, running, or jogging.
The app combines aspects of a play-to-earn game with a fitness app and creates a new category called “move-to-earn”. Users can purchase NFT sneakers in the app, which they can use to earn in-game currency.
However, the current bear also had no mercy on the GMT price. As the token fell in value, it became very difficult to generate realistic passive income with the project, leaving many keen investors worried. Still, the crypto spring is ahead, so let’s wait for the positive changes.
Aave is a decentralized financial protocol for people to borrow cryptocurrency. Lenders earn interest on deposited digital assets by providing liquidity in specially created pools. In turn, borrowers can take out flash loans using their crypto as collateral. The project supports lending and borrowing of around 20 cryptocurrencies, which means users have plenty of options.
Borrowers can choose between fixed rates and variable rates. While fixed rates can provide some cost certainty during crypto market volatility, variable rates can be beneficial when borrowers believe prices will drop in the near future.
As you can see, Aave (AAVE) can provide investors with attractive passive income options during a bear market.
To conclude, these three, GNOX, GMT, and AAVE, are named kings of bear market passive income because of their excellent programs for investors. Gnox is a new protocol that brings new standards to the DeFi industry. With its KYC and Smart audited contract, its strong community, the dedication and experience of its team and the growing interest of investors, Gnox should stay longer.
To learn more about Gnox:
Join the presale: https://presale.gnox.io/register
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