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Synesis Academy
  • 🎓Synesis Academy
    • What is AI?
    • What is Synesis One?
    • What is train2earn?
  • 🚀Getting Started
    • Create a wallet
    • Connect to Synesis
    • Buy Kanon
    • Buy SNS
  • 🤖Train2Earn
    • Builder Role
      • Builder Guidelines
        • Create Quality Utterances
          • Campaign Status
    • Validator Role
      • Validator Guidelines
  • 💰Building Wealth
    • Train2Earn Income
    • Passive Income
  • 📖Glossary
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Building Wealth

Here we explore how much SNS you can earn from train2earn and how to invest your SNS earnings to build digital wealth.

PreviousValidator GuidelinesNextTrain2Earn Income

Last updated 2 years ago

Train2Earn Income

The Synesis One AI training platform rewards contributors with SNS tokens, a Solana-based cryptocurrency. Through Digital Currency Exchanges, you can swap your SNS tokens for USDT, which you can then convert into local fiat currency. We'll explore this in the 'train2earn income' article below.

Decentralized Finance

You can also put your tokens to work to increase your returns and generate passive income through Decentralized Finance. Decentralized Finance (DeFi) refers to financial applications built on blockchains, typically using smart contracts. A smart contract is a program that executes agreements automatically, without intermediaries like banks or brokerage firms. Smart contracts work like a vending machine: insert money and you get a soda, without a human intermediary.

The beauty of DeFi is that anyone with an internet connection and a smartphone can use decentralized Apps (dApps) to access financial services, even if they don't have a bank account. DeFi apps allow you to store value, provide liquidity, loan money, and generate passive income without a central authority through a peer-to-peer approach. We'll look at some of the ways you can invest your SNS tokens in the passive income article below.

Additional Readings

Disclaimer: The information provided below is not intended to be and does not constitute financial advice, investment advice, or trading advice. Do your own research.

What is DeFi?
The Bitcoin Standard
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