How to earn money in a bear market - DeFi strategies

You understand how it's far difficult to earn cash whilst maximum of the cryptos are dumping. It is alternatively a lottery than some thing else. I am certain you understand that.

What are the techniques to earn cash in a endure market?

You can leverage in lengthy or short, however you understand it's far risky. A more secure choice is to lend your maximum precious cash on a lending protocol, borrow stablecoins and make those stablecoins paintings in a farming protocol.

Defillama is a great manner to peer a lot of these protocols. Choose nicely your blockchains, a few are riskier than the alternative ones. One key parameter is the range of nodes of every blockchain. I will recognition on some blockchains under which appear extra dependable to me than maximum of the alternative ones. Let's have a look.

Blockchains and DeFi protocols

Avalanche: one in all my favorites. Definitely dependable, with extra than one thousand nodes (simply have a examine the range of nodes at the Binance Smart Chain to compare). Gas charges are reasonable, transaction pace is precise. Furthermore, there are widely known protocols in this blockchain. I advise to apply Aave. One approach is to lend AVAX and ETH on Aave, borrow USDC, purchase AVAX and ETH once more, positioned them on lending.
Polygon: even though it isn't a layer-1 like Avalanche however simplest a layer-2 sidechain of Ethereum, it really works quite nicely, you could without difficulty switch your cash from the most important exchanges to Polygon, and fueloline charges are low. Furthermore, you advantage from Ethereum mainnet safety on pinnacle of which Polygon is built. A precise approach is to apply Aave once more to lend ETH (for instance) and borrow USDC or USDT, that you could then placed on Curve - tricrypto pool...
Solana: so quick, however possibly much less stable than the 2 different ones under. Already some outages... However, it's far really well worth gambling with smaller quantities on Solend for lending/borrowing and Francium for farming. My favourite tokens there are SOL, mSOL, RAY, ATLAS and POLIS. Please DYOR.
Tezos: this blockchain remains undervalued from my factor of view. At least as precise as Cardano, however with much less advertising and smaller community. Therefore, the fee of the XTZ will probably pump withinside the close to future. Regarding the lending protocols, please have a examine Youves. Really cool.
Other protocols: Harmony One (ViperSwap), Fantom (Geist ), Elrond (Maiar Exchange), Near Protocol, Aurora & Moonbeam are precise alternatives.
In summary, with a clever approach, you could earn remarkable rewards / APYs with simplest precious cash consisting of ETH, AVAX, SOL and XTZ...