# 8- DeFi - Decentralised Finance - Passive Income

Incredible financial tools are now accessible to everyone on decentralized platforms. Trading, lending, borrowing, investments, wealth management, payments, and insurance are all available on the blockchain. Harness these tools to generate passive income, showcasing the true potential of the crypto revolution.

I've personally lent crypto on various DeFi platforms (DApps) backed by smart contracts, earning interest. Rates differ by platform and market supply and demand. I've earned up to 51% APR on Ethereum, though around 10% is more typical.

You can see what is available here <https://loanscan.io/>  for the Ethereum DeFi and here <https://autofarm.network/> for the Binance Smart Chain DeFi.(BSC is riskier but the APR can be insane, even up to 400%)\
Learn about DeFi here: <https://youtu.be/k9HYC0EJU6E>\
At the moment the DeFi on Ethereum has prohibitive fees, lots of people are using DeFi platforms that run on Binance Smart Chain, Polygon, and Cosmos.\
Get in touch if you want to learn more about DeFi.   [manolorem@gmail.com\
](mailto:manolorem@gmail.com)
