Passive Crypto Income - Masternode

  • How to generate passive crypto income with masternodes
  • Example: DeFi Technologies launches Core chain validator, stakes 1,498 Bitcoin


How to generate passive crypto income with masternodes

When considering passive income strategies in the cryptocurrency space, masternodes are often compared to other popular methods such as staking, yield farming and liquidity mining. Each strategy has its unique advantages and risks:


https://cointelegraph.com/news/how-to-generate-passive-crypto-income-with-masternodes


DeFi Technologies launches Core chain validator, stakes 1,498 Bitcoin

yield-bearing BTC ETP

DeFi Technologies will launch a validator node on Core Chain and stake almost $100 million in Bitcoin 
(BTC) on it. 

Toronto-based DeFi Technologies will receive rewards for validating transactions and staking rewards through its subsidiary Valour. 

Staking is enabled by Core’s Ethereum Virtual Machine-compatible consensus mechanism on its layer-1, BTC-powered blockchain. 

Security is maintained by distributing 50% of BTC mining hash power to the blockchain itself. 

Not counting the new DeFi Technologies stake, Core has more than 2,800 BTC staked.

“We are advancing our mission to bridge traditional finance with innovative blockchain technology […] This approach offers our investors unique exposure to yield and growth within the digital asset space." ~ DeFi Technologies CEO Olivier Roussy Newton

On May 10, they launched the Valour Bitcoin Staking exchange-traded product on the Nordic Growth Market exchange using the Swedish krona as the base currency.

Claiming to be the first yield-bearing BTC ETP, the Valour ETP offers BTC exposure with a 5.65% yield and 1.9% management fee. 

The partners also intend to launch a Core ETP that will offer yield through BTC staking.

Valour offers ETPs backed by 12 other coins. Some of their offering have no management fee.

As of May 31, DeFi Technologies had a cash balance of $51 million, and Valour had $607 million in assets under management (AUM). (In mid-March 2022, Valour’s AUM stood at $274 million.)

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