Getting into crypto can be confusing, expensive, and time-consuming.
In addition to slowing down adoption, these barriers for entry hurt everyday users.
This is one of the key problems with the current crypto landscape, and it’s exactly what Liquid Loans was designed to address.
LL is a true DeFi protocol that lets anyone earn yield and be their own bank.
No matter how experienced (or unexperienced) you are with crypto and technology, you can easily use Liquid Loans to reap massive rewards.
Here’s how.
The Stability Pool is one of Liquid Loans’ most accessible features, and it offers an easy way to earn yield.
Despite the misconception that you need a Vault to unlock the power of LL, the Stability Pool is one of several ways that you can earn without taking out a decentralized loan.
All you need to do is buy USDL or mint your own coins to get started.
There is no minimum amount of USDL needed to start staking in the Stability Pool. This means that, unlike many other DeFi protocols, there’s no barrier for entry.
In addition, the Liquid Loans dApp is extremely easy to use.
Finally, and best of all, returns on USDL are currently above 170% APR!
While this may sound too good to be true, LL is a transparent and audited project that anyone can do their own research into.
Check out our guide to the Stability Pool to learn more about how it works and why these amazing gains are possible.
The LOAN Staking Pool offers a risk-on way to earn yield within the protocol.
Users can stake their LOAN tokens to earn both PLS and USDL from the LL protocol’s redemption and issuance fees.
Much like the Stability Pool, the Staking Pool has no minimums, credit checks, or background checks.
Anybody with a wallet address and some LOAN can start earning.
Here’s how you can easily buy LOAN token.
The APR on the Staking Pool, at the time of writing, is over 112%!
That might sound too good to be true as well, but there’s a very good reason for it to be this high.
To learn more about where the yield comes from, read our article on the LOAN Staking Pool.
While you can make the most out of Liquid Loans by opening a Vault, not everyone is going to want to use the protocol in the same way.
The great thing is that you don’t have to; there are many ways to use Liquid Loans.
That’s because LL was designed to benefit everyone, not just Vault owners.
Through the Stability Pool and the Staking Pool, virtually anyone in the world can start earning passive yield.
With no minimums, no lock-up periods, and no requirements, you’re free to use Liquid Loans as the tool you want it to be.
But don’t just take my word for it.
Launch the Liquid Loans dApp today to build passive income on your own in just a few minutes.
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JOINDisclaimer:Please note that nothing on this website constitutes financial advice. Whilst every effort has been made to ensure that the information provided on this website is accurate, individuals must not rely on this information to make a financial or investment decision. Before making any decision, we strongly recommend you consult a qualified professional who should take into account your specific investment objectives, financial situation and individual needs.
Connor is a US-based digital marketer and writer. He has a diverse military and academic background, but developed a passion over the years for blockchain and DeFi because of their potential to provide censorship resistance and financial freedom. Connor is dedicated to educating and inspiring others in the space, and is an active member and investor in the Ethereum, Hex, and PulseChain communities.
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