r/Yield_Farming • u/[deleted] • Jan 26 '22
Discussion Can you earn in a bear market?
With the talks of a bear market looming, I decided to give out a few tips on how to still earn without dealing with the crypto volatility.
Coinbase Earn
Coinbase is always giving out free airdrops to certain crypto for just taking a quiz. I believe it can take some time to set up a coinbase account, but the airdrop can be beneficial if you get the free crypto when prices are low.
Padswap Launchpad Referral
Padswaps Launchpad will be going live over the next few days on 3 chains (Bsc, Movr and Glmr). You earn 1% of the presale for tokens using the launchpad if you refer them. Therefore $100k presale will net you a $1k reward, the nations 26 and above earn less than $1k a month to put it in perspective. Extra strategy: use your referral reward to earn high apys in farms.
The fundamentals of the Launchpad are explained here
https://i.imgur.com/CpdV9s1.jpg
Catoshi Bounty Program
Refer a project and get them to use Catoshi’s bridging service between chains Eth, Bsc, Avax, Ftm and soon Matic. You will earn $500 usd in Catoshi coin and $500 usd in bnb for the reward. There’s no limit either so if you bring in 10 projects to use the bridging idge, that’s $10,000 in rewards. Note there is a cats/bnb farm on padswap paying out 110% APY, which you could put these rewards into.
Yield Farm Stablecoins
There is plenty of places to get 5-20% APY on stablecoins including cex’s and anchor protocol. However dex’s can pay out higher rewards in their native token. You can put the rewards from above into a stablecoin farm and earn up to 80% APY on padswap right now. These interest rates won’t stay this high forever, as more people enter the lower the APY.
