Ways you can make Passive income form CUDOS
The entire crypto community is going through a tough time, market is down & projects are collapsing but all these days will soon be over at this time you might be wondering about creating some wealth without doing anything at all. So that’s what we are going to talk about in this article, where I will discuss how you can make passive income in crypto focusing on CUDOS.
Why Cudos ??
The first question which will come to your mind that why CUDOS, when there are so many projects to choose from. This article will help you to find ways you can make passive income from crypto with any project which has these options which I will explore with Cudos. Now coming on Cudos, Cudos is one of the projects which I like the most & deeply involved in the project by adding Cudos in my portfolio, so I always looking for a way to increase my Cudos holdings. that’s the reason I Choose Cudos for this.
If you are a long term hodler of Cudos or any other crypto & at the same time the have staking feature then you can stake your crypto like in my case CUDOS has staking option where I can increase my Cudos holdings which is totally a passive option for me to increase my Cudos holdings.
Staking can be a great option in this market where you can just relax and your staked crypto is increasing which will also bring your average buying cost down as the number of tokens will increase in your portfolio. At the current rate if you stake your CUDOS you can make approx 20% on your CUDOS staking. You can stake CUDOS at Cudos staking portal.
Becoming a Validator
If you have 2 million Cudos tokens then you can apply to become a Cudos Validator. To become a Validator you have to stake your token which will by default generate staking rewards; on the other hand, you will also get Validators rewards as a fee for Maintaining the blockchain. This is also a sort of passive income but here your input is needed, if you want to become a Validator you have to fulfill the requirements according to the network.
Cudo miner is one unique way of making passive income which other ecosystems don’t offer, at Cudo miner you can use your idle computing power to mine crypto. This doesn’t impact the performance of your device & it creates passive income for you which is really awesome when you think about creating some passive income this should be in your list. To know more visit Cudo Miner official website.
Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network, designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders.