About Stake to Earn Interest
Have some cryptocurrencies in your pocket? Why not earn interest through staking?
If you deposit in these DeFi dapps, you will become lenders on the blockchain, then you will make money with whatever cryptocurrency you stake: Aave Protocol, a decentralized, open-source, and non-custodial money market protocol on Ethereum; dYdX, a decentralized trading platform for Ethereum-based assets; Compound, a money market protocol on Ethereum; Nuo Network, non-custodial way to lend, borrow, trade margin and swap cryptocurrency on blockchain; Fulcrum, a DeFi margin trading and lending dapp on Ethereum; Nexo, an instant cryptocurrency lending Ethereum dapp.
Blockchain technology reduces the centralized agencies in between, and every service in DeFi dapps is decentralized. So you can simply stake to earn interest!