First, staking is a tried-and-true method where you lock up your coins in a wallet to support the network and bag some rewards. It’s like planting a money tree and waiting for it to grow, as long as you’re onboard with proof-of-stake networks like Ethereum 2.0 or Cardano. 

Another option is lending your crypto through platforms like Aave. It’s like being a bank but way more relaxed without the suit. They handle the loans. You just sit back and watch the interest roll in. With Aave, the interest paid will be in the token you lend. Lend 1 ETH will usually pay you around 2% in ETH.

Then there’s liquidity mining or providing, where you chuck your tokens into a pool on decentralized exchanges like Uniswap. 

In return, you get a slice of the transaction fees. It’s risky but can pay off if you know what you’re doing. 

They say to diversify your portfolio, right? So why not diversify your passive income strategy while you’re at it? Remember to keep your eyes peeled, as the crypto world is as volatile as a cat in a room full of rocking chairs!