DeFi Series: Passive Income w/ Luis Alvarado (2 of 6)

In this week’s episode, we’re continuing on with part 3 of the Defi series with Luis Alvarado. Today we’re finally getting into the specific strategies to make passive income with Defi.

What we discuss in this episode:

My favorite method for generating passive income with Defi liquidity pools.

Liquidity pools allow you to earn interest and transaction fees when people use the crypto you’ve locked into the pool.

But first, Luis explains the concept of liquidity, it’s so important to understand because this is the core foundation of any ecosystem. To exchange money, receive money, trade, borrow, and lend, you need liquidity.

Some top questions we’ll answer:

How do you get started?

How do you find these pools?

Are you doing something actively?

How much money can you make per transaction?

Luis also finishes with a more complex concept of ‘permanent loss’ when withdrawing your crypto from these pools. Find out what it is, why it’s not as bad as it sounds, and what it means for your strategy.

Tune into the full episode as we cover all the bases for this simple passive income strategy.

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Connect with Jaylissa:

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Connect with Luis:

• Website: https://unlimitedleverage.com/

• Insta: https://instagram.com/luisxalvarado

• Book a call to get started: https://calendly.com/unlimitedleverage-byron/dc?back=1&month=2022-09&utm_medium=instagram&utm_source=dm&utm_campaign=cx_bookedE