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The APY for staking was huge, but not that huge and it took over a month to recover. I first found out about the Olympus project and it’s mammoth APY in July. Despite some concerns around how I felt it was actually designed to work and how crypto Twitter was pimping it, I FOMO purchased a small sum almost immediately.

  • I first found out about the Olympus project and it’s mammoth APY in July.
  • The APY for staking was huge, but not that huge and it took over a month to recover.
  • However as we head into October, three months have now passed and that has not happened.
  • Having started in 2019 and evolved over time, YieldNodes is one of my top 3 opportunities.

The general idea being that the huge APY would offset ‘loss’ until stability point was reached. It’s also very high risk, which is why I haven’t yet added it to the ‘passive income’ category. I took out my initial at $650 in September to use towards paying back some crypto loans. And I have approximately the same quantity still staked due to the huge APY. Ordinarily, I tend to avoid anon projects/developers as these days there are too many scammers and rug-pullers, however with OHM, the concept and it’s “3,3” game theory was too interesting to miss out on.

Top 10 crypto passive income ideas – methods to earn online with little time!

A new project could inflate its fully diluted value simply by allowing for a huge number of future coins or tokens. However it is also very novel and experimental and so it only makes up a very small percentage of my ‘passive income’ streams (team is also anonymous https://cryptolisting.org/ which I tend to stay away from, but I liked the sound of this so much I had to have a dabble!). And I admit that, on reading the documentation, my expectation when I purchased was that the token price should drop over time, rather than appreciate .

wsohm price

It has done very well for me over the past couple of months (the first month wasn’t so good!) which is why I’m sharing. However as we head into October, three months have now passed and that has not happened. Not my best entry point at all as it crashed by more than 50% over the course of the following few weeks 😬.

Cryptocurrency Wrapped-staked-olympus ( WSOHM )

If you’re looking for something that might be a source of passive income that is ‘pure crypto’ and has a lower entry point than some other opportunities such as Strong nodes, then Olympus DAO ($OHM) might be it. A fully diluted market capitalisation is the total value of the crypto at the Price Hyperion latest price if the entire future supply of coins were in circulation. Having started in 2019 and evolved over time, YieldNodes is one of my top 3 opportunities. As far as ‘passive’ goes, it’s about as close to 100% as you can get and the overall experience has always been amazing.

  • Ordinarily, I tend to avoid anon projects/developers as these days there are too many scammers and rug-pullers, however with OHM, the concept and it’s “3,3” game theory was too interesting to miss out on.
  • It has done very well for me over the past couple of months (the first month wasn’t so good!) which is why I’m sharing.
  • Not my best entry point at all as it crashed by more than 50% over the course of the following few weeks 😬.
  • And I admit that, on reading the documentation, my expectation when I purchased was that the token price should drop over time, rather than appreciate .
  • A new project could inflate its fully diluted value simply by allowing for a huge number of future coins or tokens.

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