Hi, what is the best way to earn from KAVA?

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Kava Official

Mohammad Dabibi

Hi, what is the best way to earn from KAVA?

#blockchain #cryptocurrency #english #kava

0

07.09.2024

4 ответов

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Mohammad Dabibi Автор вопроса

CryptoDaz (Darren)
Depends what assets you have available to earn wit...

Hi, earning a yield from Kava tokens.

0

07.09.2024

CryptoDaz (Darren)

Mohammad Dabibi
Hi, earning a yield from Kava tokens.

The safest option is standard staking giving you around 7% but you then have a 21 day unstaking period but do receive liquid rewards Another option is Kava Earn aka liquid staking which earns around 1% more than standard staking but all the rewards have a 12 month vesting period so would have to consider if that small boost it worth the long vesting period Most other options involve third party apps on the KavaEVM. One of the most popular is Scrub.Money which currently offers around 12% APY, they make use of another protocol called Hover but automate the strategy for you and auto compounds. The yield does fluctuate a fair bit. There are other options such as Kinetix which may offer higher yields but can be a little more complex. They offer many doubled sided pools where you need to supply another asset along side it but do have some single sided liquidity pools for Kava but I'm not sure on the risks such as impermanent loss so would probably need to ask in the Kinetix Telegram group if that was of interest. If investing large amounts it can be prudent to spread the risk around several different ptotocols

0

07.09.2024

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0

07.09.2024

CryptoDaz (Darren) · Accepted Answer

CryptoDaz (Darren)

Depends what assets you have available to earn with Are you talking about earning a yield from Kava tokens or using other assets such as wBTC, USDt, etc on the Kava Platform and/or Kava Chains

0

07.09.2024

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Hi, what is the best way to earn from KAVA?

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