Earn Passive Income With Crypto
CeFi Lending Let's start with the safest one, which is Centralised Lending (CeFi). You can lend your funds to borrowers using different platforms, but the main idea is that you get your account funded, start lending, and then watch your initial amount grow without a lot of monitoring required. Usually, these platforms have an insurance fund fueled by some taxes that are charged on top of the loans themselves or in transactions fees.
DeFi Lending It's still a way to lend out your funds and get rewarded with interest rates, but the intervenients involved in the transactions are completely different. With DeFi the loans are done through smart contracts using different protocols on top of some blockchains. Most loans are enabled by the ethereum mainet but others include binance smart chain, polygon, avax, fantom... Interest rates are very good but there are some risks such as smart contract hacks and exit scams.
Yield & Liquidity Mining By providing liquidity you are actively helping decentralized exchanges (DEXEs) to enable transactions between different coin pairs while also getting rewarded in the meantime.