The cryptocurrency landscape is ever-changing, opening up more opportunities for people to create passive income. You may get airdropped tokens and immerse yourself in decentralized lending protocols. On top of all that, you can tap into cutting-edge crypto apps to unlock even greater potential. Read on for a complete guide on how to make passive income with crypto. Learn about sonic svm airdrop, decentralized lending platforms like aave, justlend and morpho, pintu crypto app, masternodes, nft royalties and more.
The Sonic SVM Airdrop
In late December 2024, the users received airdropped Sonic SVM (SONIC) tokens. This event represented the largest milestone ever for the Solana ecosystem. Airdrops are a method of distributing cryptocurrency tokens to numerous wallet addresses. This strategy ensures that blockchain projects get the necessary initial traction and provides significant rewards to early adopters. This specific airdrop was focused on users who had used Sonic SVM, a gaming-centric Layer 2 network constructed on Solana.
The Sonic SVM network is designed to be a scalable, low-latency infrastructure for next generation blockchain-based gaming. By leveraging Layer 2 technology, Sonic SVM can process transactions off the main Solana chain, reducing congestion and improving speed. This is especially important for gaming use cases, where lightning-fast, guaranteed transactions make all the difference.
Eligibility for the SONIC token airdrop was based on user activity within the Sonic SVM ecosystem. In particular, players who first experienced SonicX games via TikTok were some of the users to score the tokens. This trend is an example of the connection between social media and crypto strengthening. Moreover, platforms like TikTok now actively promote, market, and distribute crypto assets. The Sonic SVM airdrop demonstrates how users can earn passive income simply by engaging with and utilizing new blockchain platforms and applications.
Decentralized Lending Platforms
Decentralized lending platforms, such as Aave and Compound, quickly became a bedrock of the nascent DeFi ecosystem. Among other services, these platforms provide users with an opportunity to earn interest on their crypto assets. These platforms are built on blockchain technology, allowing lending and borrowing of assets directly between users without going through traditional financial institutions. Aave, JustLend, and Morpho are some of the largest DeFi lending platforms in the rapidly expanding crypto market.
Among these, Aave differs as one of the largest and most established decentralized lending/borrowing platforms. This enables users of the platform to deposit their crypto assets into public lending pools and earn interest paid by borrowers. Aave offers support for a large number of cryptocurrencies, giving users plenty of options to earn passive income on a variety of assets. She told us that the platform offers a suite of complex tools, like flash loans. These loans are uncollateralized and need to be repaid in the same transaction block.
JustLend is another major decentralized lending platform, providing similar functionality to Aave. Users can lend and borrow crypto assets through it, automatically earning interest on their deposits. User interface JustLend is focused on delivering the easiest possible interface and smoothest lending experience. By participating in these platforms, users can receive passive income from their crypto assets. This engagement helps the DeFi ecosystem grow and develop in a more stable manner.
Morpho is a peer-to-peer, decentralized lending platform. It profits arbitrage on lending / borrowing rate by cutting out the middlemen and putting lenders directly in touch with borrowers. It acts as a meta-layer that adds automatic liquidity aggregation to other lending protocols such as Aave and Compound. Its aim is to improve capital efficiency while reducing expenses. Morpho’s ambitious vision of a more decentralized lending landscape has captured the imagination of the crypto community.
Pintu Crypto App
With the Pintu crypto app, users get a full-stack platform to experience crypto assets in their entirety. Beyond financial specs, it makes interacting with DeFi applications seamless and intuitive. It serves as an onramp to the entire world of crypto. Through it, users can seamlessly purchase, exchange, and manage their growing ecosystem of digital assets. Pintu offers an unprecedented experience that allows users to engage with DeFi platforms and dApps directly. This makes all new kinds of passive income generating opportunities excitingly possible.
One of the main benefits of the Pintu app is that it allows users complete control of their assets. Pintu enables users freedom by ensuring they can stay in custody of their private keys. Unlike centralized exchanges, you don’t have to trust a third party with your funds. Users have total custodianship over their funds. They can directly interact with DeFi platforms and dApps, with no third-party middleman involved.
Friendly and accessible, the Pintu app is designed for everybody. You are going to use it no matter if you’re a large trader, a retail trader, experienced in crypto or not. Powerful yet easy to use, it provides users with a clean interface that facilitates easy access to all its advanced features and functions. The app provides educational resources and support to help users understand the complexities of the crypto market and DeFi ecosystem.
You can conveniently download the Pintu crypto app directly from the Google Play Store and App Store. This expanded accessibility provides a rich and new creative playground for users, from game developers to exhibition designers. On the Pintu app, users can jump into wonderful opportunities to get passive income from the crypto economy. They can get hands-on experience with staking, yield farming, and other DeFi protocols.
Masternodes
Masternodes are essential components of certain blockchain networks. Their services are indispensable to keep the network secure and provide additional features. Today, masternodes perform a myriad of tasks beyond simply relaying transactions. Beyond validating transactions and governing the network, their work opens the door to advanced new features. In exchange for providing these services, masternode operators earn a portion of the block rewards. This structure gives them a stable asset class that acts as an attractive source of passive income.
Another major purpose of masternodes is to ensure security within the network. By ensuring the validity of transactions and blocking bad actors, masternodes play a key role in maintaining the integrity of the blockchain. This is particularly important for networks that employ Proof-of-Stake (PoS). These networks require ongoing, robust engagement from their nodes to be at their best.
Masternodes are instrumental in accelerating and streamlining the processing of transactions. By enabling quicker confirmation of transactions, masternodes improve the user experience. This is critical for applications that demand fast and consistent transaction times, like payment systems and decentralized exchanges.
In addition to security and speed, masternodes increase privacy. Some masternode networks provide features like PrivateSend that allow users to send transactions anonymously. This provides a compelling use case for users who are privacy-minded and do not want anyone to know what they have purchased.
Masternodes usually take part in the voting or decision-making system in the blockchain ecosystem. This gives masternode operators the ability to directly affect the network’s long-term direction. They play a major role in the most consequential decisions about its development and governance. Masternode operators are key participants in the network’s governance. By taking an active role, they help make sure that this network continues to serve the best interests of its users.
NFT Royalties
NFT royalties provide a new stream of passive income for creators and artists from their digital creations. Each time an NFT is resold on a secondary marketplace, the original creator receives a percentage of the sale price. This payment acts as a usage royalty for their contributions. This guarantees a steady flow of revenue for artists, encouraging them to keep creating exceptional digital artwork.
NFT royalties are often automatically encoded into the smart contract of the NFT itself. This configuration means that creators automatically get their cut of the full sale price every time the NFT is sold on again. In fact, the royalty percentage is not a static number. Instead, it’s variable depending on one’s marketplace and the preferences of a given creator. Usually, this is somewhere between 5% and 10%. The resale royalty means that each time an NFT is sold on the secondary market, the creator receives a percentage of the sale price. This arrangement provides them with a guaranteed revenue stream of passive income.
NFT royalties are an opportunity to change how digital artists get paid for their work forever. Up until now, artists have had a difficult time profiting from their virtual compositions. Tracking down and enforcing copyright became a major obstacle for them. NFTs provide a unique key to unlock that door. They unlock value for artists, enabling them to produce one-of-a-kind digital assets, verifiable to own and exchange easily on the blockchain.
NFT royalties benefit collectors and investors. By directly supporting artists with royalties, collectors can help to ensure that creators have the means to keep producing more amazing digital art. This can appreciate the value of the NFT over time, offering collectors a future return on their investment.
