Virginia county Fairfax commits $35M to Van Eck crypto lending fund

Fairfax County continues its cryptocurrency investment endeavors through VanEck crypto lending fund, exploring the world of yield farming through the asset manager. Virginia county Fairfax has begun investing a portion of a $35 million allotment into a cryptocurrency lending fund managed by global asset managers VanEck.The firm announced that it had received an initial tranche of the investment commitment from Fairfax County, which is allocating funds from two retirement systems into a variety of cryptocurrency-focused investment avenues.Fairfax County had previously hinted at delving into the world of Decentralized Finance (DeFi) yield farming as part of its progressive attitude towards the cryptocurrency space.

How to earn crypto passive income with forks and airdrops?

Hard forks and airdrops are forms of passive income strategies, which are essentially free giveaways of particular tokens to users. When cryptocurrencies like Bitcoin (BTC) go through bear phases like the one we currently find ourselves in, the idea of earning passive income from one’s holdings becomes all the more attractive for long-term investors. Related: Decentralized finance: A beginner’s guide to earning passive income with DeFiDifferent methods such as staking, lending, cloud mining, and yield farming have become popular in the past few years and involve rewarding investors with money or tokens for the crypto tokens invested in the mechanism.