The Falcon Project is a pioneering crypto project that integrates an ERC-20 token-based payment system and hybrid blockchain.

The project is considered an innovator in the decentralized finance (DeFi) sector due to its ability to integrate crypto into everyday life. It offers crypto users the option to choose from 1 of 3 interchangeable and complementary products.

Falcon offers the FNT token (ERC-20) and its own private FNC coin that enables crypto users to choose between privacy and anonymous transactions or speed, convenience and storage.

FNC is the project's native coin that offers absolute anonymity and privacy in transactions between holders. This coin is completely tied to the Falcon ecosystem and cannot be swapped or traded in crypto exchanges.

On the other hand, FNT is listed on exchanges and can be swapped with other digital assets such as bitcoin. This ERC-20 token is used for everyday transactions and guarantees simplicity, speed and convenience.

Holders of the privacy-based FNC coin can trade it for the Ethereum-based token through a 1-to-1 permanent swap form; the FNT token determines the value and liquidity of FNC. The Falcon hybrid chain was completed in Q4 of 2020, allowing users to behold the FNC in their wallet addresses.

The Falcon DEX Is Coming Soon!

The next phase on the Falcon roadmap is the acquisition of a DEX exchange with adaptation to the needs of the project. Falcon’s DEX is vital as an aggregator of the main project’s functions. It will allow users to access all the Falcon products in one place, thus enhancing the convenience and decentralization of the project.

The DEX will also have a built-in 1: 1 coin-token exchange algorithm. FNG is the governance token of the DEX, which is scheduled for launch very soon.

Earn Rewards with Falcon NFT DeFi Vouchers

In addition to FNT (ERC-20) and FNC (privacy coin), the Falcon platform adds a third chain — the NFT. This chain offers a unique reward system based on graphic ERC-1155 tokens known as Falcon vouchers that work on the proof of hold (PoH) principle.

Essentially, holders of FNT can swap their holdings for ERC-1155 tokens implemented via Enjin tech to earn lucrative rewards. To participate and get dividends, crypto enthusiasts must first deposit an FNT amount that is a multiple of 500,000, 1, 5, 10 or 50 million tokens.

They then must use the official swap form on the official Falcon website or use the official Telegram bot to exchange their FNT for a voucher of the denomination that suits their needs. Participants wishing to receive and store a voucher should use only their Enjin wallet or any other wallet that supports ERC-1155 assets.

Once this process is complete, users can expect the receipt of their voucher, which isn't just a beautiful picture; it is a real digital certificate confirmed by FNT tokens. In other words, the voucher (ERC-1155 asset) indicates that its holder owns a specific amount of FNT tokens locked in the specified deposit address.

The FNT tokens are accrued to the ETH wallet where the voucher is deposited, allowing the owner to earn dividends of up to 40% per year just for holding. The PoH model also helps reduce market inflation.

So far, there are more than 300 BTC locked in Falcon high yield vouchers, allowing the owners to earn passive income! And this system has been working without any glitches for over a year.

Good News For STAGE Collection Cardholders!

Since it was launched on February 2, 2020, the Falcon project has implemented many unprecedented solutions for the DeFi and crypto community.

Besides the aforementioned profitable NFTs that allow users to earn dividends for hodling graphic ERC-1155 vouchers, Falcon has also introduced its own anonymous coin tokenization system.

The platform did its best to deliver the most exciting and generous airdrop in the decentralized finance space last May. The airdrop, which Uniswap has since replicated, rewarded FNT tokens to holders of the ERC-1155 STAGE cards.

This STAGE collection was initially disbursed for free to pioneering community members who helped contribute to the project's development. Stage I holders were rewarded with 500,000 FNT valued at $3,000 today, while Stage II holders received 10 million tokens worth $60K directly to their wallets.

The completion of the historic airdrop was just the beginning of a splendid journey for STAGE cardholders. The good news for these community members is that their cards are destined to be Willy Wonka's golden ticket; anyone in possession of these cards should consider holding them close to their chest, as the collection will come in handy soon!

The Falcon team will shortly reveal how these cards will benefit their holders, but they are currently keeping the details secret.

Falcon users wishing to get their hands on these rare ERC-1155 cards should try their luck at the Enjin marketplace, where some community members may be willing to sell their collection.

That said, there have been reports of forgeries of STAGE cards and other tokens, so buyers shouldn't source them from any other market or platform.

More Earning Opportunities via Falcon DeFi

DeFi investors can rake in additional income with their FNT holdings by letting the tokens work and earn returns via Falcon DeFi. To earn passive income through this method, investors simply need to contribute liquidity to FNT/ETH pools and get their share of the weekly reward in FNT tokens.

Holders of the private FCN coin also can earn rewards by participating in joint Stake pools for POS mining of FNC coins. They also have the option to make their wallet support the FNC network directly from their personal computer and earn additional coins for it.

Conclusion

Falcon is a platform that combines the power of BTC and ETH to bring solutions to the liquidity problem facing anonymous blockchains. The project's team has designed well-articulated features that guarantee safety, privacy and convenience for crypto and DeFi traders.

The three chains featured in the project are interchangeable via the Falcon telegram bot, allowing each user to pick the option that best suits their individual needs. FNT token offers speed and convenience; vouchers facilitate users to earn a passive income simply for hodling, while FNC is built for anonymity and privacy.

Waffle Exchange is a decentralized exchange aggregator, coming to you on the Binance Smart Chain (BSC) and for the BSC. The project is bringing to light its public pre-sale set to commence on 16 April at 18.00 UTC.

The project also released what they wish to achieve from the pre-sale with their hard cap set at 1500 BNB with 1 BNB equivalent to 6666 $WAF. The listing price will stand at 4800 $WAF per 1 BNB. Users can contribute a maximum of 10 BNB during the pre-sale. Moreover, the project plans on a 50% liquidity lock before the pre-sale.

Waffle Exchange is yet to release the instructions potential investors will use during the pre-sale. To get information on that, you can follow updates on @waffleexchangeannouncement.

Since the project has not gone online yet, it advises its users to be careful in their undertakings to veer away from any scams. Furthermore, it has pointed out that no admin will DM you first in any case.

Earlier on, it conducted its initial seed round on Pinpoint Capital, expanding its exposure. It managed to complete the seed round in 500 BNB in less than 30 seconds.

Understanding Waffle Exchange

The Waffle exchange stands as non-custodial, meaning all users handle all transactions singularly from their BSC wallet.

The Waffle Aggregator has its primary objectives towards offering the best BNB prices on all BSC-based decentralized exchanges. Moreover, the project hopes to present Initial Litigation Offering (ILO) characteristics to encourage the network’s growth.

It invested in making the ecosystem’s processes automated to maintain user convenience during swaps on BSC DEXs.

Combined with that is the sourcing of liquidity from BSC DEXs, including BurgerSwap and PancakeSwap. This factor will provide the best token swap rates for all customers, faster and better than they would on a single exchange.

A Safer Environment for You with The Complete Audit

In April 2021, Waffle involved CTDSec to audit all of its smart contracts to point out any security loopholes that may show up in the contracts’ build.

After gaining access to the systems, CTDSec thoroughly researched, reviewed, and investigated the project to report any issues that they may have encountered. Subsequently, they gave a detailed report on all the attacks launched against the smart contracts.

There were no high severity issues and one low severity issue; there was a division before multiplying in part of the smart contract code that could lead to wrong calculations. As a recommendation, the auditing company suggested multiplying before dividing to ensure the correct results.

However, the auditing company warns users that that is not an absolute reassurance that no problems may come up.

Consequently, it advised Waffle Exchange to actively set up a bug bounty plan to encourage users to look for and report any smart contracts issues.

Waffle Exchange’s Features

To begin with, Waffle Exchange creates liquidity for the Binance Smart Chain. The user interface is designed to provide a straightforward structure for users to work with; all liquidity and rates of multidex exchanges appear on the same platform.

The platform supports governance in that users have a say in its fees and rewards. Coming soon after its launch is staking pools and yield farming, along with a sophisticated governance system.

There are no KYC requirements on the platform; therefore, users do not have to provide their personal information while participating in the project.

You can interact with the growing Waffle Exchange community today on Telegram and Twitter for more information on the progression of the project.

Disclaimer: This is a paid press release! Crypto Adventure does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Crypto Adventure is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Hugo Finance is an upcoming DAO, bringing its DeFi token, HUGO, on the Binance Smart Chain (BSC). Hugo dedicates its resources to allow users to make decisions on essential changes on the platform. On the other hand, HUGO will be the native token once the DeFi project launches its DAO.

Hugo launched its initial seed round on 13 March, with its soft cap set at 500 BNB, managing to hit the 280 BNB mark by 30 March. The inherent plans to launch its token on Unicrypt will help the project reach a larger audience than before following a listing issue on PancakeSwap.

Hugo Finance encountered a problem after realizing that HUGO was listed on the swap without any liquidity. This element makes it hard for Hugo enthusiasts to participate in the pre-sale.

As it stands, it created a new smart contract to deal with the obstacle while preparing for another listing on PancakeSwap.

Hugo, The Boss Supporting other Bosses

Hugo describes itself as a cute yet tough project, hoping to reshape the dynamics of DeFi governance systems. By recognizing the shortcomings of centralized platforms, the project chose the decentralized counterpart to maximize its potential to create the best platform for its users.

In its opinion, the power over funds should be to users and not intermediaries within the financial industry. Hugo wishes to create a better environment for financial access and empowerment to users through decentralized governance.

The Binance Smart Chain stands as a gateway to progress as it continues to garner more popularity within the crypto space. Combined with its scalability and low costs, Hugo and its investors stand to reap the most favorable results for all.

The Deflationary Token

Hugo Finance and its token are doing well despite the recent token listing setback they faced. The project is close to its second PancakeSwap listing, initially set to go down on 10 April.

It has also decided on reshaping its distribution criterium to airdrop its new token to all holders as registered after 31 March. The ratio will be 1:1 after the automatic launch and liquidity lock on PancakeSwap.

Although some might not stand for the current undertakings, Hugo wants to applaud its token holders as of 30 March for their undeterred patience with a 5% increase in their holdings.

The community has voted on an extended period for the pre-sale to enable the project to achieve its soft cap. Every user can invest a minimum of 0.25 BNB and a maximum of 25 BNB.

The project took ample time on every decision to concoct HUGO as a deflationary token; meaning, there will be a lower circulation of the token after every transaction. While it may be a little complex to understand the whole process, here is a breakdown of what will happen.

During every transaction, the HUGO receiver will acquire only 98% of the tokens sent. The remaining 2% ranks as transactional fees on the network to stand as rewards shared proportionally among all token holders.

However, 50% of the transactional costs will go to the burn address, the biggest HUGO holder holding 50% of all HUGO in circulation. The remaining 50% is what will be distributed to the holders as rewards.

Since 25% of the HUGO in circulation was dedicated to the pre-sale, 10% will be used for liquidity, 10% for marketing, rewards, and development, while 5% will go towards charity.

Building a Trustworthy Ecosystem

Hugo Finance takes to heart the necessity of holding users' trust and the safety of holders' funds. On that account, it rounded up on the logistics surrounding its KYC verification process.

The verification process fell into the hands of the auditing firm, Pass or Fail, completed on April 4. Hugo now stands as a KYC verified project with the auditing firm placing the project at a 4.5/5 pass rank.

This move establishes that all the team's information will be minted on an NFT card and available to authorities in case of discrepancies. In short, Hugo is trying to assure users that their funds are secure.

Other developments are on their way as Hugo is an actively growing environment. It hopes to attain more listings, develop its DAO, build an NFT platform, and conduct a smart contract audit before the end of this quarter.

Last, yet notably, Hugo is seeing unprecedented growth in its community who finds ways to expand the network fruitfully. Join its social platforms of Telegram, Twitter, and Discord to be up-to-date with each and every plan closing in.

Disclaimer: This is a paid press release! Crypto Adventure does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Crypto Adventure is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

The NFT sector continues to expand at a record pace. These unique digital assets have captured the minds of investors and collectors alike. Today, there are NFTs that represent nearly every type of asset. Consequently, new and exciting platforms continue to enter the market weekly.

Determining what NFT projects are worth your time can be a labor-intensive process. Those who are new to the blockchain sector may feel overwhelmed trying to decipher the terminology and features. Luckily, you don’t have to spend the next week doing heavy research. Here are the top NFT projects to watch in 2021.

Wall Street Baby

Wall Street Baby rides the meme-inspired NFT craze. Users collect and trade rare digital cards that feature unique works of art. The concept builds on the Wall Street baby meme by placing the well-recognized infant in a business suit in all types of interesting scenarios.

The project offers users a couple of ways to get their hands on these collectibles. You can purchase the NFTs outright, or you can earn them through your participation. You will need to hold a certain amount of the platform’s native governance token, WSB, to be eligible for these rewards.

Notably, not every Wall Street Baby NFT can be earned or purchased. Some are issued based purely on luck. These tokens are one-of-a-kind digital assets that feature some of your favorite crypto memes, such as Elon Musk holding the famous Shiba Inu from the popular meme and Dogecoin logo.

Hashmasks

Hashmasks is one of the most popular NFT platforms at this time. Users bid on custom masks. Each mask features five different characteristics that add to its scarcity, such as eye color, mask, skin color, character, and item. Currently, there are over 16,384 unique digital portraits from 70+ artists.

Traders have flocked to Hashmasks due to its dual layers of scarcity. Unlike the competition, the rarity and value of each of these NFTs is not predetermined by the developers. Users can use the NFTX Hashmask Index (MASK) to scan through this collection of living digital art with ease.

Yield Optimization Pad (YOP)

The Yield Optimization Pad (YOP) is a non-custodial NFT Ecosystem that consists of a proprietary wallet, DEX, marketplace, and launchpad aggregator. This all-inclusive approach has helped the platform secure $26,000,000 USD of tokens and liquidity to date.

YOP was built from the ground up with the goal to streamline the onboarding of new users into the market. Investors can see most of the top and rare projects here. There are reports, stats, reviews, and other vital data to help you make an informed decision.

SoRare

SoRare is a football-based sports memorabilia NFT platform and fantasy football protocol. The network allows soccer fans to collect and trade NFTs of their favorite players from across the league. Best of all, these limited edition collectibles are endorsed by 41 football clubs.

Collect your favorites and then take your team to victory. You can manage and trade players directly from the user-friendly interface. Each of your players gains points based on their real-life performance. Best of all, the network hosts weekly free tournaments for all users. The winners receive additional prizes for their participation.

MakerPlace

If you are looking for hi-end NFT art, MakerPlace is worth checking out. Users can buy, sell, and trade authentic digital art on the blockchain using this network. Additionally, artists can submit their top creations to the market. Unlike the competition, you can publish your NFT art on the platform for free.

MakerPlace has authentic digital creations brought to you by some of the most reputable artists in the scene. Each artist is provided a unique wallet to manage their works and each piece of art is digitally signed by its creator. In this way, all parties have access to an immutable record of proof-of-ownership.

Art Blocks

Art Blocks takes the NFT art trend and combines it with an AI algorithm. Users can pick out certain criteria for their custom-designed NFTs, and the platform will automatically create a unique work of digital art to meet your needs. You get to watch your NFT get created and if you approve of it, purchase it directly.

Art Blocks is one of the first NFT platforms to utilize programmable on-demand generative content. Each NFT is stored as a generative script on the Ethereum blockchain. Additionally, you can scroll through the network’s exclusive Blocks Curated Collection if you are looking for already created masterpieces.

NBA Top Shot

NBA Top Shot is the best-known sports memorabilia NFT platform in the world. The network was launched as a collaboration between the NBA and Dapper Labs in July 2019. Users interact with the platform by purchasing random packs of highlight clips. Each package has a different cost and scarcity.

There is also a marketplace that allows collectors to trade their NFTs with others. As you could imagine, NBA fans have flocked to this platform which has helped to boost the value of these NFTs to impressive heights. In February, a single clip of Lebron James dunking sold for nearly $200,000.

CryptoPunks

CryptoPunks was one of the first NFT platforms to enter the market. It’s credited by many as the spark that launched the current NFT art mania. On the platform, users collect misfits and eccentrics. There are only 10,000 24x24, 8-bit-style pixel art images available to the public.

Each CryptoPunk is a unique work. Consequently, these NFTs have seen a considerable rise in value since their original launch date. Today, to get your hands on a CryptoPunk, you should be expecting to shell out thousands or more. For example, On March 11, 2021, CryptoPunk 7804 was purchased for 4,200 ETH ($7M+).

NFT Tokens for All

Each of these platforms has proven its value in the market for various reasons. Regardless of if you’re an art collector, looking for some rare sports collectibles, or seeking a custom-made work of art, there's an NFT to fulfill your needs. Stick to the platforms on this list and you are sure to enjoy a secure trading experience.

Mcdonalds Coin is a gamified digital token that builds on the popular meme and combines it with parody “finance bros” type gameplay. Users can contribute their own content and help guide the storyline forward. Uniquely, the game supports all types of media including memes, images, video, and the written word. You can even submit a spoken word.

Virtual Drive Thu

The game integrates a virtual “Drive-Thru” where you can trade your MCDC tokens. All the tokens are represented by some item you would find at your local fast food spots. There are cheeseburgers, fries, shakes, and more. Each of these items is represented by an art NFT. You can collect and trade these digital assets freely.

Food Trends

The entire project keeps in line with the current trend of naming blockchain apps after your favorite foods. There's already Sushi, Wendys, Burger King, Waffle House, and the list goes on. Of course, none of these projects are affiliated with the actual food establishments. However, it does make the UX more relatable. Consequently, it takes some of the anxiety off of new users.

Mcdonalds Coin is the latest addition to this prestigious group. The game has been public since February 2021 and already they have made some major upgrades. For one, the project started off on Ethereum. Anyone who has used that network lately will tell you that the congestion has made the gas prices go through the roof. They are at their all-time highs currently.

Responsive Development Team

Mcdonalds Coin realized that these added fees were going to negatively affect their users and without hesitation, they moved the platform over to the xDai blockchain on February 25, 2021. This was a wise decision because it enabled the platform to avoid all of those extra costs. Now regular users can use the game as the developers intended without paying outrageous fees. Currently, there are MCDC deployed on both xDai and Ethereum.

Game Play

In the McDonalds Coin universe, there are eight tokens that all hold different strategic values. The game employs game-specific sub tokens and liquidity pools (LPs) as well. Users go to the drive-thru and make purchases. The profitability of their actions depends on the strategic timing and token volume of their orders.

Farm to Table

For those more health concise NFT investors, the platform offers yield farming pools on Unifty. Notably, you can also trade your NFTs with others utilizing MCDC and Unifty. Farming is similar to staking in that you agree to provide liquidity in the form of cryptocurrency to a smart contract in exchange for rewards. Unlike staking, farming pools don't have required lock-up periods.

The MCDC Token

The MCDC coin is what makes everything possible in the network. This token plays a lot of roles within the ecosystem. It’s the main Gameplay token. Additionally, rewards are paid out in MCDC. Notably, there is a total supply of 37,000,000 tokens.

NFT Art on the Rise

The developers behind the McDonalds Coin project really have their hands in a lot of the top trends at the moment. The NFT art world has exploded in value over the last couple of months. McDonalds Coin has also seen growth during that time.

The platform was one of the main Art Exhibits at the virtual museum, Pete’s Art House in Cryptovoxel-Berlin, on March 13th. The developers beat out many other food-themed NFT games and hosted 50 MCDC artworks. These pieces came from a selection of artists including Pope Francis, Sloppa, and Captain Crook.

McDonalds Coin – Ride the Wave

The developers behind the McDonalds Coin project have shown that they are willing to make changes that benefit their users. Notably, the project is the first gamified NFT game launched on xDai. For those seeking alternatives to the current Ethereum gas fees and want to get involved in the NFT art craze, McDonalds Coin offers these features.

Lendefi Finance wants to make it easier for you to get access to funding. The developers behind the project wanted to create a decentralized alternative to the current lending business models. They came up with a unique peer-to-peer undercollateralized lending system that leverages top DeFi lending pools to provide lenders with more protections.

This strategy allows the platform to offer these services in a permissionless and trustless manner to its users. In comparison, the majority of peer-to-peer DeFi lending platforms in service today require full collateral to offer you services. This requirement often serves as a financial barrier to new users. Lendefi eliminates this concern in some unique ways.

For one, its open policies eliminate the red tape usually associated with taking out loans. Consequently, the platform also eliminates the costs each of these parties adds to the cost of taking out traditional loans. These cost savings are passed on directly to the users in the form of lower interest rates and rewards to lenders.

Responsive Development

The development team has already proven to be very responsive to the needs of their users. The network launched in December 2020 on the Ethereum network. Since that time, Ethereum has experienced growing congestion which has resulted in record-high gas fees for users. In some instances, the gas fees are higher than the actual transactions.

Lendefi Goes BSC

Lendefi Finance's developers realized that these fees were going to be a hindrance to its clients and migrated the network over to the Binance Smart Chain (BSC). BSC is the fastest-growing competitor to Ethereum at this time. The network features lower fees, higher scalability, and a variety of features only found on fourth-generation blockchains such as staking and farming.

Added Features

The move has allowed Lendefi to begin development on both staking and yield farming protocols. These features are set to be released soon. Staking and farming are terms that refer to the act of locking your cryptocurrency into a smart contract in exchange for rewards.

The difference between the two strategies is that farming doesn’t have required lockup periods and staking does. Both farming and staking are ideal features to have on the platform. These services are now the standard in DeFi because they enable regular and new users to secure more stable and consistent ROIs when compared to trading.

Lendefi Finance Ecosystem

There are lenders and borrowers in the Lendefi ecosystem. The lender receives rewards in the form of variable interest rates charged to borrowers. Borrowers pay the interest and a small fee which is the difference between the interest rate the borrower pays and the lender receives.

Deflationary Fee Structure

Uniquely, these fees are used to remove the platform's native token, LDFI, from the market via a buyback and burn mechanism. This deflationary approach to DeFi allows developers to better avoid inflation. These tokens can also be used to payout rewards for lenders, stakers, and farmers. Users can trade LDFI on PancakeSwap.

Dual Currencies

Lendefi Finance introduces two new currencies to accomplish its decentralized lending strategy. The first token is LDFI. This token holds multiple responsibilities within the network. It functions as a utility, rewards, and governance token. Notably, the first LDFI was minted in January 2021. This was the same time that the network began its migration to the BSC.

The second token, BUSD, is the currency used for borrowing and lending. This token is a stable coin pegged to the value of the USD. The decision to utilize a stable coin for lending is wise for many reasons. For one, it makes accounting much easier. Additionally, new users are better able to understand the process because everything is displayed in USD values.

Secure Lending

One of the primary concerns that developers wanted to address was code errors. The platform has undergone multiple code audits by a variety of reputable firms. Additionally, the platform has never been successfully hacked to date.

**Financial Protections
**Lendefi Finance provides lenders with some solid benefits. The network's unique strategy of securing loans via liquidity provided on the DeFi ecosystem like PancakeSwap introduces some huge advantages. For one, they never have to worry about getting repaid on time.

These large liquidity pools provide plenty of funding to ensure your repayment is in full and never delayed. Additionally, the platform will liquefy the borrower’s collateral if the value drops below a preset percentage. In this way, Lendefi Finance removes any counter-party risk between the borrower and the lender and removes many of the financial barriers associated with these tasks.

A Community-Driven Project

Another bonus comes from the fact that Lendefi is a community-driven project. The network is simply code that functions as a decentralized autonomous organization (DAO). To participate in voting, you need to hold over 1% of the tokens in a network wallet.

You can delegate your voting rights to other members of the network. They also have the ability to delegate their voting rights to you. These users can vote on all technical upgrades and changes to the business model.

Critical changes regarding the interest rates, the addition or removal of new assets, how rewards are distributed, and other vital changes are up for community discussion. Community governance mechanisms are more popular than ever in the DeFi sector. These helpful protocols help to maintain cohesion throughout a decentralized community.

Lendefi Finance – A New Twist on Peer-to-Peer Lending

Lendefi Finance has a lot of things going for it at this time. The network is on BSC which is a big plus when you look at the astronomical gas prices on Ethereum at the moment. Additionally, lenders are sure to enjoy the added protections provided by the security mechanisms introduced by the network. For these reasons, you should expect to hear more from this team in the coming weeks as more lenders make the move to more cost-efficient networks.

The DeFi Yield Protocol (DYP) is a leading blockchain-based DeFi project that offers crypto users the ability to provide liquidity and earn rewards directly in ETH.

The platform has an anti-manipulation feature that converts DYP rewards into ETH without excessively affecting the token price, thus facilitating users to earn rewards with minimal risks.

Since the launch of the DYP staking dApp this past January, liquidity providers (LPs) on the platform have earned 7,064.11 ETH worth $14,870,593.42.

At the same time, the innovative DeFi project's liquidity from Uniswap has exploded 20 fold since the launch of the staking dApp to hit a whopping $19 million.

DYP boasts a user-friendly and straightforward interface that can accommodate both novice and pro yield farmers.

The protocol now plans to introduce the DYP Tools to serve as the core feature of the entire DeFi ecosystem. The decentralized tool's dashboard will launch soon, increasing the use case for DYP native tokens.

The tools will serve as a decentralized hub for the entire DeFi ecosystem, providing innovative solutions such as a liquidity locker for all projects.

The DYP tools will also integrate a decentralized trust score for any new venture, helping the DeFi community avoid rug pulls.

DYP Protocol Has Gone to Binance Smart Chain!

The latest development for the DYP project is the integration with BSC, allowing LPs to choose between three different types of rewards: ETH, BNB, or DYP.

The integration of BSC for the DeFi Yield Protocol staking and governance dApp is expected to enhance the entire DYP community's liquidity and pave the path for other developments shortly!

Moreover, the DYP token is now available on Binance Chain, allowing more crypto enthusiasts to access the DYP ecosystem.

Earn Rewards For Locking Liquidity on BSC

DYP users can now add liquidity to any of the available pools PancakeSwap (DYP/BNB, DYP/ETH and DYP/BUSD) and receive lucrative rewards in ETH, BNB, or DYP. Users have already added $510K worth of liquidity to PancakeSwap.

To become a liquidity provider and start earning liquidity, investors must deposit PancakeSwap LP tokens into any of the four available pools mentioned above.

Each pool offers four different staking options, with monthly yields starting from 30.000 DYP up to 100.000 depending on the lock time (minimum 3 days up to 90 days).

Smart contracts will automatically convert all pool rewards from DYP to BNB every 24 hours to maintain the DYP token price stability. Then, ETH/BNB/DYP is distributed to the LPs, who can choose which token they want to receive as rewards.

Smart contracts allow for a -2.5% slippage on the DYP price. Suppose the price is affected by more than this percentage. In that case, the maximum DYP amount that does not affect the price is automatically swapped to BNB, with the remaining amount distributed in the next day's rewards.

DYP governance gets to vote on whether to burn or disburse any undistributed DYP rewards to token holders after seven days.

How to Swap DYP to the BSC Network

If you own DYP tokens on Ethereum Network, you can easily add liquidity to a PancakeSwap pool and start earning WBNB rewards.

To do so, you should visit the DeFi Yield Protocol Bridge to swap the tokens from the ETH to the BSC network. Here is a detailed tutorial on implementing the swap via your metamask wallet and start earning rewards on BSC.

It is important to note that the maximum amount you can swap per wallet every 24 hours is 10,000 DYP. If you wish to swop your tokens from BSC back to ETH, you need to follow the same steps in the tutorial.

Problems such as the high threshold for individuals to participate in mining, the difficulties in communicating with custodians of mining machines and the daily operation and maintenance of mining machines have discouraged many entry-level investors. The mining costs and difficulty level for ordinary participants have increased significantly, and the era of exponential growth in the mining industry is gone forever.

Many cloud computing platforms have emerged in recent years. Users no longer need to purchase mining machines. They can enjoy mining income just by purchasing hashrate contracts. However, due to insufficient information disclosure by the platforms about mines, mining machines, teams, etc., it is difficult for users to judge the hashrate quality, real-time operation status, and real income data, thereby exposing themselves in huge risks.

To solve the problems mentioned above, EHash dares to be the first. The team integrates industrial resources and adopts intelligent operation and tripartite model of supervision, to effectively solve the challenges faced by individual miners like information asymmetry, channel monopoly of mining machine, and the disorder of the industry. EHash issues hashrate tokens, and establishes a standardized system for hashrate tokens.

The paradigm revolution for standard hashrate token

Starting from the high-level design, EHash is different from other hashrate tokens on the market.

EHash is the native standard hashrate token of Ethereum, and it is also the first DeFi project to reform Ethereum's hashrate.

As the foundation of the blockchain, mining industry has created  a new operation approach, profit mechanism and wealth creation model through the Ethereum standard hashrate token EHash in 2021.

The minute EHash was launched on Gateio, it became a phenomenonal DeFi project. The superior market premium it demonstrated revealed the wide recognition of its leading model by the entire industry and investors.

EHash is a token that anchors the hashrate of Ethereum’s PoW. Each EHash corresponds to 0.01 MHash/s of Ethereum PoWhashrate.

All token data such as total volume, holding distribution, daily income are transparent and available on the Ethereum network. The actual hashrate that supports the EHash value is also transparent and available in mining pools, such as F2Pool, one of the largest Ethereum mining pools in the world.

The EHash mining income is automatically transferred the to the user’s address every day through the smart contract. EHash holders do not need to purchase mining machines like traditional Ethereum miners.

The above design is the underlying logical support for EHash's “high market premium + double income” mechanism, the perpetual motion machine model.

Staking EHash is equivalent to mining with an Ethereum mining machine. Therefore, holders will get double income: the net profit of Ethereum mining and the liquidity premium of EHash itself.

As for the expectable premium for the EHash, on the one hand, token holders can trade tokens at any time and enjoy the high liquidity of Gateio, and the resulting liquidity premium may be very high; on the other hand, as EHash is supported by the true value of Ethereum, thus it will rise in accordance with the value of Ethereum. In this sense, its premium ability is self-evident.

Execution through smart contract, and profit distribution through decentralized financial method.

The key reason that makes EHash far surpass traditional cloud mining and other so-called “hashrate token” is its innovative attempt of “DeFi speculative mining”.

EHash holders can go to the DeFi lending platform to mortgage EHash to obtain loan income, while at the same time borrow other stablecoins at low interest rates, and then swap them into EHash. At this time, users' income from holding EHash is EHash APR×Leverage Ratio + Mortgage EHash APR. In other words, their incomes are increased. We are seeking to launch EHash on the mainstream DeFi lending platform, and it is expected that there will be good news soon.

At the same time, in order to create sufficient liquidity for the circulation of EHash, we will also start EHash's liquidity mining for other tokens.

Therefore, EHash can avoid the occurrence of accidental losses, like the common risks of uncancellable orders and black box operations in cloud mining, to the greatest extent while generating a steady income.

The long-term vision of EHash is not only to provide a convenient way for ordinary users to obtain the Ethereum hashrate and to bridge the gap between the token circle and the mining circle. More importantly, it aims to create a liquid asset for EHash holders to benefit from the entire DeFi boom.

Highlights of Ehash

①The hashrate token can lower the threshold for users to participate in mining, and to enjoy mining income without having to build their own mines.

② Compared with ordinary mining, mining machines have problems like high price, short life expectancy, and maintenance difficulties. The hashrate token, on the other hand, can guarantee stable income all the time, once and for all.

③ If the token price is expected to rise, the hashrate price will increase, and the hashrate token will also have a premium. Users can get benefits from the liquidity of the hashrate token. The hashrate token maps valuable assets and stable future income, it will gain better liquidity after opening the transaction.

④ The hashrate token and the physical mining machine are anchored 1:1, all the hashrates are issued with token, and the real-time hashrate data of the third-party mining pool can be checked at any time. The transparent user-supervision mechanism guarantees the safety and reliability of investment, and fundamentally eliminates false mining and false hashrate.

Aims to create a transparent mining environment where everyone can participate, supervise, and benefit, to enrich the mining industry ecology, and help the healthy development of the blockchain industry, EHash will always be committed to promoting the integration of the real economy and blockchain technology, and implementing the integrated application of blockchain technology in industrial reforms.

There is another good news that EHash is about to be launched on the MXC digital currency exchange platform. Speaking of the MXC exchange, I believe everyone is familiar with it. The core concept of the MXC exchange is: develop potential tokens and enable traders and investors to share the wealth brought by blockchain technology, and get richer, safer, and more reliable transaction services. MXC is also a community-based, highly efficient, and secure digital asset exchange platform that has emerged on the top of the wave. It will perfectly integrate the advantages of centralized and decentralized transactions, with strong liquidity, high security, credibility and transparency. It gives considerations to fairness, transparency and efficient development, and have created one after one hot projects.

In this round of DeFiboom, the MXC exchange is likely to find the most potential projects in the current trading market.

EHash's launch on Max confirms that EHash's core technology is cutting edge and its consensus is strong.

Conclusion

In the future, EHash is very likely to become the main entrance for people to enter the world of blockchain mining, which would have high industry significance and value.

In any case, no one can stop the wheel of the blockchain from rolling forward. The future of blockchain will become more and more prosperous and blossoming. With the current innovative mining model of EHash, it will surely lead the blockchain mining trend.

Official link: www.ehash.co

Twitter: https://twitter.com/EHashDeFi

English Telegram: http://t.me/EHashGlobal

EHash Turkey: https://t.me/ehashturkey

EHash Philippines: https://t.me/Ehash_Philippines

Reddit: https://www.reddit.com/user/EHashGlobal

Disclaimer: This is a paid press release! Crypto Adventure does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Crypto Adventure is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Spot trading is a financial market trading strategy where the assets are delivered immediately after the trade ends. An investor buys/sells assets at a specific market price, pays instantly, and immediately receives the assets. The asset buyer will be the beneficiary of any price increases in the asset once they buy it since they own the asset.

It's a good strategy, especially in financial markets like Forex and Crypto exchanges, where asset prices fluctuate in seconds. Spot trading is one of the oldest financial markets trading strategies, but very few crypto exchanges have implanted this trading style. However, there are hundreds of crypto exchanges; most of these focus on trading futures—the others supporting spot trading offer poor services at slow speed and high rates.

However, Bityard exchange recently introduced spot trading options for users, aiming to provide the ultimate crypto spot trading platform. Before diving deep into the Bityard Spot trading option, let's discuss what Bityard is.

Bityard Exchange

Launched in November 2019, Bityard exchange is a Singapore-based crypto exchange providing investors with world-class trading options. The platform's launch came at a time when the crypto world was experiencing significant changes.

Since its launch, Bityard has been garnering immense credits to the vast trading options it provides, including spot trading, copy trading, futures trading, etc. Accordingly, the platform will be giving solutions in the future to crypto enthusiasts, thus attracting even more attention.

Bityard's has over 100 thousand users in 150 countries globally. However, although it provides many services, this article is going to focus on the aspect of spot trading. How can an investor start spot trading? and what are the trading fees involved?

Bityard Spot Trading

Bityard began the spot trading feature towards the end of 2020 and since then, it has seen a lot of success. The spot trading option is easy to access by navigating on the spot section in Bityard’s webpage. This makes spot trading on Bityard easy for anyone, rookie or experienced.

The base currency used in every spot trading pair in Bityard is USDT. Additionally, the platform hosts over 70 crypto pairs, making it easy for users to invest in portfolios.

Among the currencies included on the platform are BTC, ETH, LTC, XRM, XRP, TRX, DASH, AAVE, ADA, ALGO, 1INCH, BAND, BAT, BNB, COMP, DODO, DOGE, KAVA, LUNA, MATIC, MKR, NEAR, REN, etc.,

How To Spot Trade on Bityard

Although there are multiple platforms providing spot trading, there are tons of complexities. However, Bityard makes everything easy by sticking to the following steps;

The first step is registering for the services and depositing some amount of assets in the account. Navigate to the spot exchange section on the dashboard

Select the pair you want to trade from the many pairs present on the platform. All the available pairs are displayed on the left side of the spot trading page. You can choose to search for your pair or filter into either Defi, POS, or BSC. Let's consider the BTC/USDT pair. Currently, BTC is trading at around $58k. Select this pair to either buy or sell it

Once you select the pair, the dashboard's central part automatically shows your pair, and the right side shows the real-time trades

Input the value, i.e., the number of BTC you want to sell or buy. Maybe 0.02BTC

Select the maximum percentage of funds by using the sliding bar found above the buy and sell button. Immediately afterward, click the buy or sell button to complete the order

Follow your open orders by navigating through the open order and history page

Bityard's Features and Benefits

Fast Transactions at Favourable Fee

Bityard aims to foster top-speed transactions for its users. Its technology is capable of processing over 1 million transactions every second, thus no waiting time. The development team is continuously improving the platforms functioning for more efficiency.

The transaction fees are also favorable, with the maker and taker fees standing at 0.1% of the trades.

Simplicity and Convenience

As aforementioned, this platform makes spot trading very easy for investors. It only involves a few steps, all accessible on the user-friendly UI.

Moreover, the platform offers utter efficiency by allowing users to personalize their trades. For instance, if you are interested in trading BSC-based tokens, select the BSC icon to filter your asset selection.

Multi-Asset Support

Bityard supports many crypto assets, 70 to be precise. Moreover, the platform is continuously increasing the number of assets for spot trading. Therefore in the future, investors will freely trade hundreds of crypto assets and expand their portfolios further.

Trusted and Secure

Over one hundred thousand people trust the Bityard platform, thus proving its legitimacy. Moreover, it's licensed in different countries like Singapore, the USA, Estonia, and Australia. All the licenses are available on the website for the investor's trust benefit.

The network also keeps assets in cold storage facilities to bolster the security of the funds. Moreover, it has secure SSL encryption for all users to communicate safely with the platform and multiple authentications for ultimate security.

Live Market Charts

The platform shows market charts in real-time. As an investor, you can look at the entire market and choose the best time to participate in trades. Moreover, Bityard allows you to see your trading history and learn from your past tradings.

Conclusion

Although spot trading is an old trading strategy, many crypto exchanges still lack the service. Bityard recently introduced the service and introduced dozens of pairs for investor's benefits. The platform offers straightforward steps that allow users to complete trades efficiently, conveniently, and securely.

The network offers transactions at breakneck speed and affordable makers and takers charges. Moreover, it supports over 70 assets, and it continuously adds new pairs. Security is also utmost, with Bityard introducing several security algorithms including, SSL encryption, multiple authentications, and cold storage networks. Bityard is the best platform for safe, fast, and straightforward spot trading for any investor who wants to try spot trading.

Assets have grown to be a major investment tool for users in the financial system representing certain wealth values. Once acquired, individuals expect their assets will provide a future benefit. In the past, gold played a part in the monetary system, acting as a standard currency representing a fixed amount of gold per currency unit.

Cash came along, later on, to act as a medium of exchange and a regular currency in the form of paper and coins backed by a national government. Moving forward to 2009, the inception of Bitcoin was at hand, bringing the concept of an electronic currency running on a decentralization architecture and blockchain technology.

Now with three assets, their fungibility levels raised questions on how individual units of the investments will remain interchangeable since, in essence, fungible assets make trading and exchange easier. As the financial market expands, the demand for smaller equal units of an asset increases to enable a convenient trading experience.

Bitcoin

Introduced in 2009, Bitcoin is known to be the first digital currency in the cryptocurrency market. The peer-to-peer platform is built on a distributed ledger whereby users get to view past transactions by other traders. Within the blockchain resides nodes scattered across the globe to maintain the public ledger. Bitcoin's value continues to surge tremendously, moving from a mere buck to a current price of $59 727.

Cash

Fiat money, commonly known as cash, mainly operates as a nation's government's legal currency. Through cash, a government can exercise exclusive control over the market since it is responsible for minting the currency using its respective Central Banks.

Gold

Gold is a precious metal found beneath the earth's crust possessing attractive features that make it a valuable asset. As an asset, the mineral is widely accepted as a tradeable instrument asset capable of acquiring goods and services.

Bitcoin vs Gold

Scarcity

Bitcoin remains a scarce digital asset, especially because it contains a maximum supply of 21 million BTCs. Enthusiasts today are shifting their focus towards Bitcoin investments, one of them being Tesla and Grayscale Investments.

The two companies managed to accumulate bitcoins worth billions as an investment tool. Through institutional buying and other market factors, BTC's value continues to increase as the coins decrease in the market, ultimately making it a rare digital currency.

The case is similar for gold as a short supply in the mineral across the market makes it a scarce item worth a fortune. Furthermore, gold is extracted in specific areas with the mineral's presence, therefore, explaining its scarcity level.

Natural State

Both assets take a specific form in that Bitcoin is purely a digital currency with its data represented on the distributed ledger.

It further means that the leading virtual asset is highly durable and secure as nodes work to safeguard the entire network. On the other hand, gold is a tangible asset incapable of corroding, rusting, or degrading for a long time.

Divisibility

Bitcoin and gold are divisible into smaller proportions whereby a user can attain a fraction of the asset. For instance, in a trading market, users need access to a proportion of bitcoin since the consumer may not be in the capacity to acquire the whole asset.

When traders head to exchange platforms, they can buy 0.01 BTC, which goes for $54.06 at the moment, rather than buying one BTC for $54,059. Similarly, gold is divisible into smaller increments, whereby users can now buy an ounce of the precious metal at $1,698.

Fiat vs Bitcoin

Volatility

Bitcoin is undoubtedly a volatile cryptocurrency with irregular price momentums. It is possible to witness the value of the digital asset going up or down within one night. The 2011 price bubble is one such scenario where the king coin managed to move from $1 to $32, an increase of 3200% within three months. Fast forward to 2017, and Bitcoin experienced another volatile swing as the asset hit $20,089 by December, a surge from $975 in March the same year.

For fiat currencies(cash), the government controls its circulation hence less likely to experience a volatile pattern. Governments can print money that will meet the market and population's demand, mainly during a crisis, in a bid to stabilize the territory's currency. Nonetheless, an excessive supply of money in an economy can lower the value of the currency.

Medium of Payment

Bitcoin and physical cash can be used to purchase commodities in the market. Trust is a key element in both mediums before initiating any transactions to build an effective payment system.

As explained before, cash remains the most used currency for payments since it is a legal tender authorized by the government, unlike bitcoin. However, the tables are tuning nowadays as many users prefer using bitcoin to pay for their goods and services instead of fiat currencies.

The reason being, bitcoin brings a fast and convenient way to send money locally and internationally at lower fees.

Noncounterfeitability

Cases of counterfeit money swarm the media every day as fraudsters find new tactics of improvising fake money. As a result, consumers fall for the mischievous schemes, which bring about scam cases and numerous financial crimes.

Bitcoin is built so that no single entity can forge or duplicate the digital currency unless it is a 51% attack, which is less likely to succeed.

Cash vs Gold

Border Limitations

Gold is a borderless currency widely acceptable anywhere globally, as long as it is authentically verified. For years now, gold continues to be adopted by institutional and retail investors in the global market as a store of wealth and a currency.

Fiat money may encounter some limitations, particularly when trying to utilize a foreign currency in another country. These limitations force the user to exchange and obtain the legitimate currency used in their preferred territories.

Ownership

Once you deposit gold in a financial institution, the valuable metal exclusively belongs to you. Therefore, users can claim their gold assets at any point in time without any ownership restrictions. On the other hand, cash deposits work differently because the bank owns and controls all the finances in the institution.

If, for example, the bank is facing bankruptcy allegations, the financial institution will use all the deposit balances to pay creditors. Moreover, suppose the banking customers demand their deposits simultaneously. In that case, the financial institution will either pay them back in smaller amounts or not be in a position to refund the deposits at all.

Bitcoin vs Gold vs Cash

Going by the various merits the three assets have, Bitcoin stands out as the most worthwhile asset. Its ability to handle cross-border payments makes it a suitable payment currency capable of making transactions within the shortest time possible.

Bitcoin's blockchain technology also boosts the platform's overall functionalities by displaying transactions on the public ledger. However, utilizing blockchain advancement comes with its fair share of challenges as it leaves a track of a user's transaction history.

Revealing that bitcoin transfer information on the blockchain can endanger a trader's security and threaten BTC's fungibility. Luckily, platforms such as Bitcoin Mixer addresses the issue of privacy by offering a bitcoin mixing alternative.

Bitcoin Mixer Solution

Bitcoin Mixer, otherwise known as Bitcoin Tumbler, is a network that mixes your bitcoin and other cryptocurrency transactions. Whether it is sending or purchasing BTC, the mixer ensures all your transactions are untraceable and anonymous.

The platform accomplishes this by mixing an individual's funds and offering some new bitcoins simultaneously. By leveraging Bitcoinmix, malicious entities do not stand a chance of manipulating anyone through tracing personal data and stealing a user's bitcoins in the end.

Conclusion

Bitcoin, gold, and cash are the key drivers to investment strategies in the market. As a general similarity, the three assets make the goal of profit maximization attainable. Nevertheless, with a closer look, each asset has its downsides when a comparison is made.

Cash and gold exist up to date despite being one of the oldest assets in the financial sector. Despite portraying a promising future in the crypto market, Bitcoin's fungibility remains at risk. However, with the cleaning procedure in place, BTC still has loads of potential to become more fungible in the future. By further erasing the transaction history, Bitcoin instills the concept of anonymity in a decentralized ecosystem.