How DeFi liquidity mining works and people earn 500-3500USDT per day! - Interstellar Culture Media

2022-02-21 Apnews

 

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The information provided in this release is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrency).

1. What is the DEfi project?

The DEfi project is a decentralized finance developed by blockchain technology, which is different from previous finance. In the past, finance required the intervention of financial companies. Decentralized finance is built on the blockchain and relies on contracts. Traditional centralized finance, which uses instruments such as exchanges, banks, or financial companies for financial transactions, suffers from perceived disruption. On the other hand, DEfi is a decentralized financial product that is built on the blockchain without human interference. It all relies on smart contracts to run. Be truly fair, just and open.

2. What is liquidity mining?

Defi's liquidity mining is mainly built on the Ethereum blockchain. It is the yield of liquidity mining provided through DEfi products on Ethereum. Simply put: Deposit tokens, such as USDT assets, can be mined, which is why "mining" is required. It is also a reference for Bitcoin mining. It is very similar to traditional banking. We deposit dollars in the bank, and the bank pays us interest every month. But when you deposit a lot of money, the interest rate is very low, not enough to beat inflation. Then your assets are still intangible losses. However, this Metamask asset with USDT, receiving a node certificate issued by Metamask, can receive daily mining pool income, which is much higher than the interest you deposit in the bank, and your USDT is completely placed in your own encryption In the wallet, safer and more stable objective income. This is a good investment for us.

3. Liquidity mining project on ETH chain of Metamask wallet

The defI liquidity mining we want to invest in is unsecured mining. Liquidity mining is different from ordinary financial products. Although normal wealth management products require deposits on exchanges or banks or third-party financial platforms, I have participated in unsecured mining and my money is still in my Metamask wallet. When we go to the center, we don't need to top up and transfer to any platform. Very safe and zero risk for our investors.

The more USDT in our Metamask wallet, the more ETH I get from this WMP, which means the more income I get

ETH20 is a mobile and decentralized mining product. After obtaining the mining certificate, ETH20 will automatically start the corresponding mining mechanism.

4. How to participate in mining and receive rewards?

1. Open the browser in the wallet, enter the node of liquidity mining in the browser: eth20.me and open it.

2. Click to receive ETH node, authorize to participate in mining, and pay the miner's fee of 0.01 ETH.

3. Participate successfully, how to receive mining income and withdraw income to Metamask

Mining dividend settlement method

After successfully joining liquidity mining, your wallet only needs to have USDT to automatically generate income of 2%-3%. The income depends on the amount of USDT you have, every day at 0:00, 6:00, 12:00, 18:004 minutes in Singapore time The income of the mining pool for each settlement can be exchanged for USDT for each settlement.

For example: a customer deposits 10000USDT in an encrypted wallet to participate in liquidity mining, the daily income is 10000USDTX2% = 200USDT, and there are 4 dividends per day, 50USDT each time. Of course, the more cryptocurrency USDT you participate in liquidity mining, the higher your income.

wallet balance 

USDT quantity

daily income

rate of return

1~1,000 USDT

2.0%

1,001~2,000 USDT

2.1%

2,001~5,000 USDT

2.2%

5,001-50,000 USDT

2.3%

50,001-100,000 USDT

2.5%

>100,001 USDT

3.0%

Allied Partners

Company: Interstellar Culture Media
Contact person: Chen Xiaosheng
Email: thadf8440@gmail.com
Website: eth200.co
Tel: +8558838688307
City: United States

 

 

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