How to earn interest on digital assets

Lately, more and more people are talking about how you can earn interest on digital assets, but I don’t fully understand how it works. I used to think that cryptocurrency was some kind of asset that just lays around and waits for its time to be sold. But here we are talking about how you can earn interest on it, like on a bank deposit. Can someone explain what methods actually exist and how reliable they are?

Yes, it is quite a popular topic now. Earning on digital assets is possible through several mechanisms. One of the main ones is staking. In some blockchains, you can "freeze" your assets to support the network and receive a reward for it. In essence, it is like renting out your coins to support the blockchain. The percentage can vary, but it is often quite high, especially compared to traditional bank deposits. Another way is to participate in decentralized finance, where you can provide liquidity to various platforms. You contribute your assets to liquidity pools, and in return you receive a percentage of transactions on these platforms. Again, the income can be very attractive, but you need to consider the risks associated with asset volatility and technical vulnerabilities . Another example is projects that offer a fixed percentage on digital assets. For example, https://troncard.io/ provides the opportunity to earn interest on TRX, which makes this solution interesting for long-term investors.