Coinbase gave a nice Defi gift

Our friends at Coinbase really have something going the last couple of months with their earning lessons. Recently already they had Compound for lessons which you could learn and earn, and this week they have added more lessons which also including staking the funds the give to you

Cool right? They give you funds from the lessons, and teach you how to stake them! A fool if you are not trying if you ask me!

So what you need first is a Coinbase.com account. If you don't have one, use my referral above so we both get some funds going there. In the Coinbase Earn programm there you have Compound lessons which will give you $3 per lesson in Compound.

The after this you have an advanced lesson which teaches you how to stake you compound. What you need is you cell phone and your already existing Coinbase account.

Install the Coinbase wallet app by getting it in the Playstore or Applestore and choose a username and use the email adress you also use for your normale Coinbase account

Because of this email in your desktop this will connect to each other. From this connecting and linking with each other Coinbase will send you $3 in USDC and $3 in ETH.

When you follow the steps from the walkthrough in your Coinbase Desktop version, you will be told how to stake all of this and where to click. And remember..It is wil cash you have just gotten for free

In the end your Wallet will look like this where you can see I have a 1.1 % interest in the stuff that I staked. So you do need to stake 2 things. USDC in this case and Compound. When unstaking, you will get both of these back.

Until now for me this is new and I still feel hesitant for big ass staking sessions and therefore experimenting a big with this and how it works is a good thing to get more familiar with it.

I would say, give it a try and get your free Compound and see if you want to do it or not. With free money it alays feels just a little bit better ;)

Posted Using LeoFinance ^Beta