Diving into the crypto space, one of the many things you learn quickly is the presence of very shiny income opportunities that offers you good earnings in return for ‘nothing’. One of them is single-side staking programs, another good one is yield farming. These two are currently associated more with Decentralized Finance (DeFi). But staking has been a thing before these DeFi protocols made their way into the hearts of every investor.
Like single-side staking programs, MOSDEX offers you rewards for locking up your funds in a pool. However, unlike most of these other programs, MOSDEX staking program doesn’t operate a collective pool guided by smart contracts. And in terms of yield generation, they differ in the fact that rewards earned on MOSDEX are generated from the arbitrage trading bot. the arbitrage trading bot screen trading prices of assets across different exchanges for an arbitrage opportunity. While staking rewards are generated from the supply swell.
The arbitrage trading bot detects the difference between the prices of the asset on different trading platforms and swiftly trades the arbitrage by buying on the cheaper exchange and selling on the costlier exchange. On the other hand, decentralized applications that offer passive income through single-side staking programs often set aside a percentage of the total token supply for incentivizing stakers. The staking program will run as long as the allocated funds permit.
Staking programs are cool and fun. Yield farming programs are another interesting passive income opportunity, of course, this space offers a whole lot of them. Centralized exchanges also run flexible staking programs on funds held by traders on their platforms, these also take a place in the list of passive income opportunities one can find in the crypto space.
Back to the title question, where does MOSDEX rank in all of these, the ones listed and the ones we omitted? A couple of earning reports on MOSDEX has revealed how fast the earnings accrue on the platform and how well an enthusiast can get hold of the funds as they are emitted by the arbitrage trading bot. A 30 USDT bonus is offered to get you started.
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In no true order, I’ll give the props to yield farming as one the best passive income opportunities for cryptocurrency investors. Reasons are the technology, the role played by the participants in sustaining DeFi protocols, and the consistency of this system in dishing out rewards. Following closely, it MOSDEX and systems similar to it.
The overall yield distributed to stakers on MOSDEX is a factor of how much the bot has been able to make in that period. This is calculated and presented as the bot’s profitability. Bot profitability is the average trade success of the arbitrage trading bot over a period of 24 hours. This, in turn, is calculated by taking the percentage of the total trades that returned a profit against the total trade.
The average daily reward for stakers will fluctuate relative to how profitable the bot has been for this duration. Passive income earned on MOSDEX is generated from trade profits made by the arbitrage bot. As long as the bot runs and generates profits, stakers will receive passive rewards as long as they have their funds staked on the platform. Payouts are made in USDT and BTC and not an allocated portion of a project’s smart contract token.
These proclamations are, as a matter of fact, according to information published by the MOSDEX team. None of these features is 100% verified. But if they stay true to their mode of operation, MOSDEX ranks high amongst passive income opportunities.
That being said, do apply caution while investing in cryptocurrency projects, and note that this content is not financial advice.
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