The crypto-verse has opened up several opportunities for individuals to earn money. While acquiring money by watching ads or referring people has been in practice for a while now, a new way of making some money seems to be causing quite a stir in the crypto industry. Coinbase’s latest initiative sheds light on the same.
Learn To Earn!
Prominent cryptocurrency exchange, Coinbase had rolled out a program back in 2019 that allowed users to earn crypto by learning about different crypto assets. The Coinbase Earn Program revealed that users across 100 countries could avail this offer. Initially, the program started off with a pilot where users were mandated to educate themselves about the ERC-20 token. Following this, several quizzes pertaining to Stellar [XLM], Basic Attention Token [BAT] as well as Zcash [ZEC] were also put in place. The latest asset to join the list is Compound’s COMP token.
An array of lessons regarding Compound’s governance token were listed in on the Coinbase Earn Program. A total of four lessons were a part of this course. While the first lesson focused on earning interest with Compound, the second highlighted the procedure of borrowing crypto with Compound. The final lesson part of the “Beginner Lessons” was the introduction to the COMP token. All of these lessons were in the form of videos and users who completed these lessons would earn $3 worth of COMP per lesson.
The “Advanced Lessons” section had only one lesson that taught the users how to access Compound via Coinbase Wallet. This lesson further presented a total of $10 worth of COMP to its users. Additionally, users could earn up to $10 worth of COMP by inviting people to sign up for the “Learn Compound. Earn COMP” program.
The Coinbase Earn program offers a series of assets that users can learn to earn. The list includes Maker, Celo, EOS, Stellar, Kyber Network, Orchid, Tezos, DAI, 0x, Basic Attention Token as well as Zcash.
The DeFi space has been gaining immense traction over the last few months. Compound’s COMP token was first listed on Coinbase and this further brought significant gains to the coin. After a few weeks of rendering an exceptional performance, the coin failed to continue its hot streak. At the time of writing, the COMP token was trading for $107.49 with a 7.05% plummet in its price over the last 24-hours.
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