7 / The 40% Interest Savings Account
7 / The 40% Interest Savings Account

7 / The 40% Interest Savings Account

Theophilus Mensah

45 min
Kids
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Description

What can you do with your cryptocurrency once you have it? One option is to put it in a liquidity pool and make money by lending it to an automated decentralized exchange (DEX). It's kind of like a long term savings account but outside of a traditional bank and comes with much higher returns… often 40% and higher.

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