While most crypto investors have been tightening their belts in the current bear market, crypto millionaires have profited from innovative decentralized finance (DeFi) products, including Uniswap, Aave, PancakeSwap, DAO Maker, and self-custodial wallets like MetaMask.
The bear market is taking its toll on the average crypto investor. But why not learn how DeFi pros make millions using tools you may never have heard of.
Crypto Millionaire Tip #1: Uniswap Gems
Uniswap is a decentralized exchange (DEX) on the Ethereum blockchain that offers DeFi users the ability to earn transaction fees by contributing liquidity. Anyone can create markets by depositing both assets of a trading pair into a smart contract, removing the gatekeeper in the creation of liquidity.
The DEX charges a fee of 0.3% on all trades. Liquidity providers earn passive income from those fees, proportional to the amount of liquidity they contribute minus impermanent…
