How I Achieved A Better Version of Myself

It is my second week in bootcamp and it has been an amazing experience. The past week has been full of challenges and opportunities. I have learnt to use technologies that are used in software…

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How To Build a Passive Income with PancakeSwap

This is the easiest way to start earning a fully passive income, invest in crypto and let them grow into more crypto.

I have been using it for a week now with 500$ I had to spare, and I am very impressed. Note that I say Passive Income because you don’t have to do anything to earn money.

I have to say right now, it is not a get-rich-quick scheme. At the moment of writing this, the calculated APY (Annual Percentage Yield) is 67.55%.

PancakeSwap — The APY Calculator

67.55% is a pretty good gain. You can see in the image that the 51 USD (4.35 CAKE) that I staked in the image will return 34.96 USD (2.945) worth of CAKE over one year of staking.

And this does only calculate how much CAKE you will gain, it does not take price increase/decrease of CAKE into account.

I have 50 USD staked on something called AutoCake and 450 USD on a Farm. We will soon explain what that means and what pros and cons there are on the two methods.

You invest (Stake) a cryptocurrency called CAKE, then you start automatically making more CAKE, which you can sell for profit.

This article is not to be considered financial advice, invest at your own risk and do your research.

The idea is that you provide liquidity (stake) to a coin and you get rewarded for it.

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