3 Crypto Passive Income Strategies

Improving market conditions means a change of mindset. Instead of a long protracted bear market where you’re just trying to hold on, things are better now. Bitcoin is up 152% in the last year and is leading the market.

And now that means our holdings are starting to make $$. So now, we can look to the next step in the process. Crypto passive income opportunities. With the tokens, we are already HODLING or willing to HODL. So today, we have 3 passive income opportunities on quality tokens. Let’s check them out!

1) Tectum

Starting January 1st, Tectum allows mainnet staking. We mentioned this a couple of weeks ago but it’s worth repeating. Tectum wants a strong staking program. So in return for your stake of its $TET token, you get a 25% staking reward for your first 6 months.

And that’s not all. Unlike many projects that are all hype and have little actual product to go on, Tectum is, if anything, UNDER-hyping its value. Its current market value is only $127.8 million. Yet it has a working chain and the Bitcoin Layer 2 Softnotes service that allows more confidentiality and privacy in using your Bitcoin. Kind of like when you use paper money. So what you get with Tectum is a great combo:

  1. The hype around it is not only justified, it’s understating its value.
  2. It has working products that people want.
  3. You earn a nice return on the native token, which seems undervalued at the moment.
  4. You are helping Bitcoin to grow and expand into Layer 2 as it has to do to sustain itself into the future.

All that and at 20% over the next 3 months. It’s a great deal. Have you seen our other coverage of Tectum yet? Make sure when you finish this article you search our archives on the channel so you can be up-to-date on what’s happening with this high-potential small-cap project.

2) Quickswap: Ultra Low Risk for 25%

For quite a few of us here at Altcoin Buzz, the network we prefer is Polygon. There are a few reasons why, not the least of which is we like holding the token we need to use to pay for gas. We don’t see it as holding out of obligation to use the network as we know some of you feel about Ethereum.

So if you have Polygon and stablecoins in the Polygon Network, then you probably already know about Quickswap. It’s one of Polygon’s leading DEXes. And this deal is tough to beat. It’s 2 stablecoins so the risk of impermanent loss is incredibly low. One of them would have to de-peg from $1 for a long time. Not just a day or two like we see once in a while.

For example, there is a pool that pays 25.5% to invest in the DAI-USDT pool. The pool is small at only $116,000 TVL so far. But we expect that to grow. You receive your pool rewards in dQuick. dQuick is the reward token when you stake Quickswap’s native $QUICK token.

Now the lowest risk option will be to sell those rewards for more stables. Either to add to the pool or just to hold your return in stablecoins. However, you could use these rewards as an easy way to DCA into a leading small-cap DEX. Quickswap’s market value is only $35.5 million right now. Its TVL is $122.79 million and this ratio of Price/TVL is very low for a DEX of such good quality. So that’s something to consider for those of you who prefer to take on more risk.

3) BNB Chain Lovers Earn Up to 121% on PancakeSwap

BNB Chain lovers and risk-takers will love this pool. On PancakeSwap, you can earn up to 121% by holding 2 of the ecosystem’s most popular tokens. And they are BNB and CAKE. This pool has been growing enormously since November. It’s now one of the biggest pools on PancakeSwap. Yet, they still need more of both assets for trades. Thus, the bonus yield they are offering.

Both tokens have seen better days. But both are off their recent lows. BNB in particular, dropped to $205 in mid-October around all the legal news and CZ resigning his position as CEO of Binance. The token recovered nicely almost 50% higher since then to its current price of $300.

CAKE’s recent low was $1.06 and it’s now up to $3.16 for a 200% return if you hold on. The point is these are tokens that look like they could have limited downside from here while being the 2 most important tokens for the BNB ecosystem since they are the gas token and the biggest DEX token. Again, if you like BNB Chain, this is a great tool for you to take part in.

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Tectum. Copyright Altcoin Buzz Pte Ltd.


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