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In this era of inflation, where everyone is struggling to earn more and more Ethereum-based DeFi platform development successfully caters to the earlier starving users with profitable money-making options. However, the obvious first step to initiate is to purchase some cryptocurrency. 

APY (Annual Percentage Yield) is one of the earning sources through DeFi where you deposit your cryptocurrency onto a platform or protocol that will pay you an APY.

Another way to DeFi income is liquidity mining, also known as yield farming, in which rewards received for crypto deposits can be staked or traded for returns. 

Borrowing any token or coin from the platform can bring you more rewards when put back into the same or any different platform and hence more money.

All in all, there are many routes to earn on Ethereum-based DeFi platforms but this process includes risks too, so to take on full leverage you need to be knowledgeable and experienced along with being open to any risks if they occur.

 

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Don't miss this AMA, you will learn a lot 

🔉AMA! AMA!! AMA!!!


DucatusX presents another insightful Ask Me Anything (AMA) with
🗣Ronny Tome: CEO, and Founder of Ducatus Global

🗣Artem Lopatin: Project Manager Ducatus

🔬AMA Focus: DucatusX and Queen Margherita Napoli QMN

Prize pool: $500 in #QMN 💰💰

📅 Date: Friday, 21st of October 2022

⏰Time: 12 noon UTC

Rules to participate

🎉Participants must be following all Ducatus socials

🎉 Participants must like and retweet AMA tweet.
https://twitter.com/DucatusX/status/1581984714852012033?t=rHib3zChz7iU5AO6goXsbA&s=19
 

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