TRIBUTE (TRBT) is a deflationary DeFi platform that uses game theory analysis and social influence to create an exciting and unique economic landscape.

The TRBT ERC20 token follows a liquidity distribution mechanism called “Proof of Decentralized Liquidity” (PoDL), with about $1M in liquidity currently locked in the protocol.

This model allows users to have a direct share in stabilizing the TRBT price, which is currently holding steady at $9.65 on CoinMarketCap.

The platform saw a $3M trading volume on its first day, with 640 unique wallets holding TRBT in 4 days. In the past few days, about 4% of the total token supply was burned. This high burn rate creates an incentive to hold the token by bolstering the circulation's token demand.

The Tribute ecosystem already has three dApps at its disposal; conTRIBUTE, ENFORCED TRIBUTE, and TRIBUTE TO LIQUIDITY. These dApps give the project a rare aspect of instant utility in the DeFi space.

Moreover, these dApps create a separate incentive to interact with the project's native token and maintain a steady flow of TRBT moving through the ecosystem.

Why is TRIBUTE Unique in DeFi?

Tribute features fully decentralized elements that delegate full ownership and control to its users, allowing them to choose which dApps integrate into the platform. The team has no dev fees on any of the dApps.

The project has started building upon the starting suite of dApps with the long-term vision of outlining longer-term dApp incorporating governance.

The first dApp, conTRIBUTE, is well funded and has an established token distribution model which rewards TRIBUTE token holders and staked users via a “synergistic method.” 50% is sent to conTRIBUTE as dividends to the stakers directly.

The dApp's solid distribution model guarantees that 5% of all buys and 15% of all sells into conTRIBUTE are disbursed to players as dividends. Each user gets rewards that are proportionate to their percentage share, with.

In the past few days, 11% of the total token supply was staked in conTRIBUTE. Holders utilizing the dApp earned $51,000 dividend rewards, with $730,000 worth of tokens now remaining.

Moreover, the conTRIBUTE PoDL concept offers TRBT users access to initial liquidity after 100 days via a Decentralized Autonomous Organization (DAO).

TRIBUTE's Deflationary Mechanism Bolsters Token Demand

The project’s ENFORCED TRIBUTE dApp uses a solid distribution model with an initial supply of a scarce 75,000 tokens.

Every 12 hours, any user can trigger a smart contract to transfer 10,000 TRBT tokens, which go into a secondary contract within the dApp.

The top 50 holders receive 5% of the total number of tokens transferred, while 500 TRBT are burned instantly, as per the project's whitepaper.

This process repeats itself after 12 hours, where the same contract transfers 10,000 tokens from the secondary contract to the initial one and burns 500 TRBT while triggering a reward drop of 5%.

In this way, the dApp creates an increased sense of scarcity in an already scarce economy, bolstering the circulation's token demand. The reward and burn process creates a self-cycling and hyper deflationary ecosystem.

The TRIBUTE Lottery Rewards System

The final dApp at launch, TRIBUTE TO LIQUIDITY, further implements the PoDL mechanism by granting the community members full control of the DeFi protocol.

It does this via a lottery system in which users can purchase tickets using TRBT to enter into a daily raffle. The raffle utilizes a secure and trust-less algorithm to pick one lucky winner.

50% of all TRBT entered into the lottery is burned, creating a hyper deflationary mechanism into the platform’s smart contract.

Rewards issued for the lottery are a percentage of the total number of tokens controlling the TRBT/ETH liquidity pair on Uniswap.

The DeFi Platform for Community Development

The TRBT project promises to solve many of the problems facing DeFi by building an ecosystem that focuses on community-driven growth. The Tribute team announced different partnerships already, with more collaborations expected soon.

The future now looks bright for this project that seeks to establish itself as one of the pioneering protocols exploring the DeFi/Deflationary landscapes.

CoinStats is a real-time crypto tracker that seeks to simplify the entire investment sector through the integration of advanced monitoring technologies and a friendly user interface. This unique app provides users with a one-stop-shop for all everything crypto. Specifically, users can manage and trade digital assets directly from the Dapps intuitive portal.

What Problems Does CoinStats Fix?

Let’s face it, investing in cryptocurrency is a time-consuming process that requires you to learn and apply new knowledge constantly. While some people possess the mental aptitude to handle these tasks off the rip, most people need a few go-arounds before even the terminology of the sector sets in.

In this way, investing in cryptocurrencies can get to be a bit overwhelming for your average user. The entire process of monitoring different developments across different platforms is extremely tedious. Additionally, these issues only get worse when you begin to incorporate multiple platforms and exchanges. CoinStats simplifies these problems.

Trackability Issues

CoinStats integrates a proprietary cryptocurrency tracking tool that allows you to monitor your assets with ease. These advanced monitoring protocols allow users to receive real-time pricing for over 8,000 digital assets. Even more impressive, the platform can gather this information from 250 crypto exchanges.

From here, you can easily set up alerts for market movements that you want to be made aware of. The app possesses unmatched flexibility in this sector. For example, you can set alerts for price movements (pumps/dumps), news, project updates, and other relevant indicators. You’re never out of the loop with CoinStats.

Data overload

Another major issue facing investors in the blockchain sector is data overload. There is just so much going on. Whenever you have an emerging industry coupled with new technologies, the outpouring of developments is almost impossible to track.

Luckily, CoinStats streamlines this process for you in an interesting way. The Dapps interface is fully customizable and provides you with all the relevant details you need to make the most informed investment decisions possible. In this fast-paced market, these tools play an integral part in any investor’s strategy.

Disorganization

Along with so much data, there comes the problem of how to store and access all this new information. It does you no good when there exists a platform tailored to suit your needs, yet you are unaware of its existence or how to access it.

CoinStats allows you to keep your data organized. You can set what information you desire to see in the news tab. This customizable feature provides you with the ability to decide if you want items such as the latest news, bullish news, bearish news, or news on specific projects.

As with most tech-related industries, the news plays a major role in the direction of the market. Staying up-to-date on all the latest regulatory developments in the sector is a great way to guide your investments to success. For example, if the news reads that the EU or the US recognizes Bitcoin as a legal tender, you can expect prices to skyrocket. Don't miss the boat with CoinStats.

How CoinStats Works

CoinStats integrates a variety of proprietary technologies to create a fully immersible cryptocurrency experience. Primarily, the platform simplifies the entire process via its easy-to use-interface. This portal allows investors to keep track of all crypto prices, project developments, and news at a glance.

Signup is easy. You just go to your Google or Apple store and download the Dapp. Once it’s downloaded, you can complete registration in minutes. Linking your exchanges and wallets to CoinStats is easy also. However, you will need to create a view and trade-only API to take advantage of the most advanced features of this platform.

Integration

Integration is another powerful aspect of CoinStats. Yes, you can track your portfolio manually, but who wants to do that. Instead, link your crypto exchange accounts via API. CoinStats is incredibly flexible in this way. Specifically, the platform supports Binance, Binance US, Bitfinex, Bitmex, Bitso, Bitstamp, Bittrex, Bitmax, CEX.io, Coinbase, Coinbase Pro, Deribit, Gemini, IDEX, HitBTC, Huobi, Kraken, KuCoin, Liquid, OKEX, and Poloniex.

Wallets

CoinStats also provides users the ability to sync wallets on Ethereum, Ethereum Classic, Bitcoin, Bitcoin Cash, Binance Chain, Litecoin, XRP, Siacoin, NEO, Dash, DeepOnion, Cardano, Tron, IOST, EOS, WAVES, and TEZOS. This feature is just one more way that COinStats empowers investors and frees up your time.

Where to Get CoinStats

CoinStats is available for download at both the Google Play Store and Apple Store. The program has high ratings on both platforms. On Google, the Dapp has a 4.7 rating with 5000 reviews. The Apple Store shows a 5.0 rating with over 40,000 reviews.

Free vs. Paid Subscription

You have two options when you download CoinStats – Free and Pro version. Both versions of this software are filled with features that are sure to simplify your life. However, for the $40/per year price tag, the Pro version of the software delivers above and beyond what you would expect. The company also offers a lifetime membership for 0.02 BTC.

Premium features

If you are the type of investor that wants access to the best tools in the market, then CoinStats Pro is the right choice for you. As a Pro member you get:

Detailed Portfolio Analytics

CoinStats Score

Portfolio Export

Coin insights

Open Fill Notifications

Customer Support

Auto on New Listings

Pump and Dump Alerts

CoinStats Here to Save the Day

It’s good to see platforms like CoinStats take the time to focus on what investors really need. This Dapp integrates a combination of features that makes it one of the most helpful platforms in the market. You can expect CoinStats to continue to garner attention as more investors become aware of this revolutionary platform.

Monolith is a complete DeFi ecosystem that seeks to correct some of the most pressing issues facing the current banking system. This unique platform provides users with a host of functionalities not found anywhere else in the market. Consequently, Monolith continues to experience growing adoption.

Monolith allows users to swap, spend, earn interest via an easy to navigate interface. Notably, users can enjoy these services anywhere globally. You just need an internet connection and a smartphone. In this way, it connects users to the DeFi ecosystem without requiring token ownership.

What Problems Does Monolith Solve?

The current structure of the global banking system centralizes all the profits amongst a top few. Even the fee structure of the system places unnecessary burdens on the user such as overdraft fees. Monolith strips the market of these penalties and focuses on providing users with real value. This strategy shifts the paradigm over to a more user-centric approach rather than an aggressive penalty-based system.

How Does Monolith Work?

The Monolith ecosystem covers a broad range of DeFi activities. The platform leverages blockchain technology to provide cryptocurrency investors access to some truly remarkable functionality. Here are just some of the reasons why this platform deserves success.

Full Feature Wallet with Debit Card

Users of the Monolith ecosystem enjoy access to a robust wallet that includes an informative interface. Here you can monitor all of your crypto activities. This wallet links directly to a crypto debit card. This card allows you to spend your favorite cryptocurrencies just like fiat money. The card combines the functions of VISA with the freedom of Ethereum.

Notably, Monolith is the first Visa debit card connected to a non-custodial wallet. Additionally, the platform allows you to spend a huge variety of cryptocurrencies such as ETH, DAI, SAI, MKR, TKN, and more. When you want to use your Monolith Crypto VISA, you just need to Top up your account. Once your account is loaded, the network automatically processes the charge.

This all happens the second you swipe the card. The merchant receives fiat currency. The entire process is seamless and allows you to spend your crypto at any of VISA’s 24 million retailers worldwide.

DEX Aggregator

Monolith users also enjoy access to a DEX aggregator. ParaSwap allows you to swap your coins using any of your favorite decentralized exchanges. Currently, the system integrates UniSwap, Kyber, 0x, Mesh, Bancor, and EtherDelta. Developers seek to expand these options as more DEXs enter the market.

The entire exchange process takes seconds and your trades arrive directly into your wallet. Best of all, there are never any exchange rate markups. Monolith allows you to utilize this feature for free.

Interest Payments

Another impressive feature of the Monolith network is the ability to earn interest on your holdings. Interest earning accounts are a feature usually regulated to the traditional financial sector. As such, Monolith continues to blur the lines between DeFi and CeFi to provide users with more functionality.

Monolith Benefits

Monolith’s all-inclusive approach to the market gives the platform unlimited potential. As more DeFi platforms enter the sector, it’s vital to understand what makes Monolith stand out against the competition. Here are some of the top features that make Monolith a pioneer in the sector.

Security

Monolith’s developers put security first. The entire platform features an open-source code. This code is triple-audited to ensure the platform retains the highest level of security across all protocols. Open-source protocols are ideal because they allow the entire community to verify the coding is sound.

Additionally, Monolith introduces advanced personal protection. For example, you can set daily spending limits to protect your account from unauthorized withdrawals and thefts. You can also secure your holdings using Biometric authentication to keep your assets safe.

Critically, you own your private keys when you use Monolith. These keys reside on a secure storage protocol on your smart device. This strategy ensures that you are the only one with access to your digital assets.

WalletConnect

Another huge advantage of the Monolith system is interoperability. In the coming update, users will gain the ability to access the Monolith ecosystem directly from an ERC-20 compliant wallet. This update enables users to mobilize assets they store in their Monolith wallets in any DeFi services directly. This strategy enables advanced features such as borrowing against your crypto. In this way, it provides a valuable service to the entire DeFi sector.

How to Use Monolith

https://www.youtube.com/watch?v=OFs48HMdJyI&feature=emb_title

Using Monolith is easy. The first step is to fill out the platform’s registration process. This process takes less than ten minutes. Once you confirm your account via an email, you will receive a card in the mail in the next couple of days.

Initially you can bring funds onto the platform using their ‘Add Money’ feature which allows you to buy DAI directly in their platform to appear in your wallet to be swapped or spent. Once funds are in your wallet you have the ability to swap (and potentially earn interest by swapping into aDAI). From there you’ll be able to top up your card directly in the app, and spend anywhere that accepts VISA. Interestingly, if you do swap into aDAI to earn interest you should be able to top up your card directly using this token (with Monolith benign the only non-CeFi source to allow this to happen)

Monolith Community

Monolith incorporates some unique community benefits that are sure to interest investors. For example, 1% of every Card top-up goes back to the community. These funds combine with other contributions in a smart contract known as the community chest. TKN token holders can redeem their share of the community chest at any time. Here is the formula to calculate your earnings:

Pro-Rata Percentage = Amount of TKN Owned / Total Supply of TKN

TKN Tokens

The TKN token is the utility token that services the Monolith ecosystem. This ERC-20 token allows users to interact with each other, launch smart contracts, pay fees, and receive benefits within the network. Also, users can use their TKN token to load their debit cards without any fees.

Monolith plans to issue 39,406,760 TKN in total. There are currently 32,694,387 TKN in circulation. The majority of TKN token trading volume occurs on the Uniswap, Bancor, and 1inch exchanges.

How to Get TKN Tokens

Getting your hands on TKN tokens is as easy as funding your account. You gain access to this powerful financial tool the moment you enter Monolith’s system. You can trade any of your favorite tokens for this coin directly from your wallet.

Monolith – Coming Soon

The team has some exciting updates planned for the coming months. Developers plan to introduce meta transactions. These transactions allow Dapp developers to pay their gas fees with any token supported in the Monolith network.

Lending

Another interesting update to come soon via the WalletConnect upgrade is the decentralized lending feature. This protocol allows users to borrow against their assets. Notably, decentralized lending continues to be one of the fastest-growing sectors in the blockchain market. Monolith partnered with the popular blockchain lending platform MakerDAO to make this feature available.

Monolith – What More Could You Want?

Monolith raises the bar in terms of inclusivity and functionality. It’s easy to see all the research and development that went into this monumental project. From the debit card to the ability to earn interest on your crypto, this platform puts the investor first. You can expect to hear a lot more from this development team in the coming weeks.

Source: Crypto Adventure

Trading and generating income from cryptocurrencies can be tedious and challenging. Crypto mining has been the main way to release new coins into the crypto world since the introduction of bitcoin in 2009. Unfortunately, mining comes with several significant problems. Among them are the high energy costs, vulnerability to cryptojacking, and centralization of the mining process. Attempts to streamline the processes have proven futile.

Fortunately, there has been a rise in the use of the Proof of Stake (PoS) protocol in cryptocurrency income generation. PoS coins don't consume a lot of energy or require expensive hardware to generate, making them more profitable than other coins. This rise in interest in the protocol has also led to the rise of staking-as-a-service platforms like MyCointainer.

Mycointainer is making profit generation easier without users needing first hand experience. MyCointainer is the ultimate platform that provides automatic staking and masternode services to crypto traders.

MyCointainer in a Nutshell

Mycointainer is an automated online staking and masternode platform that generates profit for its users in the form of stakes. The objective of the platform is to assist its users to trade coins and make a profit in the form of stakes. Staking involves collateralizing cryptocurrency, to get a chance in participating in transaction validation and block completion. The investors get staking rewards as a profit for holding their cryptocurrency.

This platform offers excellent products and services and educates people on how to get even more rewards. Currently, MyCointainer offers tens of digital assets, including Tezos, Kava, Cosmos, Tether, Neutrino dollar, bitcoinPos, Horizon, terracredit, Rapids, Energi, Waves.

The platform adds over 40 new assets every week and will soon cover all the crypto assets.

Regulatory Compliance

The company is registered in Estonia by FIU intelligence to crypto exchange and wallet management services. It's licensed under the number FRK000469 & FVR000557, and their address is Tornimae tn 5, 10145.

How Does It Work?

First, individuals need to select a useful asset, purchase, and send it to their MyCointainer staking wallet. MyCointainer uses proof of stake and masternodes to calculate and generate profits.

A masternode is a form of server in the blockchains that can complete unique functions and execute private transactions. Masternodes keep real-time copies of the blockchain. Masternodes focus on staking a given amount of cryptocurrency within the currency's blockchain. The stake acts as collateral to ensure that investors won't try to mislead the system by having a stake in the system.

MyCointainer automatically grants permissions of the shared masternode staking, to all the investors subject to the benefits. All rewards therein depend on the value of the stake. The higher the staking value, the higher the generated reward. What makes this platform unique from others is that every user, even those with limited coins, can benefit from their stakes.

MyCointainer automatically generates rewards with an average reward fee for 59 cryptocurrencies being 1.91%. Even if the value of the stake is low, all investors get a share of the reward. Every reward is subjected to compound interest, so the longer you stake the higher your rewards.

Completing a Deposit or Withdrawal from MyCointainer

Most stalking wallets have a minimum amount of currency to purchase. However, MyCointainer has neither a deposit nor a withdrawal limit.

To deposit fiat on the platform, you need to choose the currency from the wallet then deposit. The process of withdrawing is akin to deposit; only you choose the withdrawal option. Completion of all withdrawals takes just 24 hours.

Some of the fiats supported include Pound Sterling (GBP), Polish Zloty (PLN), Swiss franc (NOK –CHF), American Dollar (USD), Euro (EUR), and Norwegian Krone

MyCointainer Power Subscription Plan

MyCointainer platform offers different subscription plans through MyCointainer Power. The basic subscription plan is free. However, it gives partial benefits to the plan. MyCointainer also provides other plans that offer more service to users.

The platform gives the power plus option. This option has shared masternode access to all assets and completely covers the costs of running nodes. The monthly subscription to the power plus choice is 3.90 euros.

The power max option provides a 0% staking fee on all assets. Moreover, it offers VIP giveaways to its users. The average price for the power max option is 13.99 EUR.

The power percent option comes with a vast range of services and benefits, including all those in power max. This option's price is 39.90 EUR per month.

Benefits of MyCointainer.com

Rewards aside, MyCointainer platform brings a wide range of services and advantages for users compared to other staking platforms.

Convenience- The application is accessible both from the google play store and the AppStore.

User friendly- Allows easy access to the dashboard and the processes of depositing and withdrawing are straightforward.

Users have unrestricted access to MyCointainer; thus, they can easily invest.

The platform comes with added safety for users' assets. That's owing to the registration of the company to a regulating authority. Moreover, the platform uses multiple-factor authentication techniques to prove ownership.

Diversity- Users can choose from a wide range of crypto assets and stake all major PoS coins using the platform.

The support team is always online to assist anyone who encounters problems staking.

State of the art technologies and data encryptions bolster the privacy and security of all details. Moreover, the platform does not sell any private information to unwarranted persons.

The Future

MyCointainer's future power plan will foster faster crypto adoption globally. They plan to achieve that by giving everyone equal benefits from rewards that come from various digital assets. MyCointainer is working to better the service provision. The platform plans to introduce better services in the coming years and to feature even more crypto assets.

MyCointainer will offer great value to customers, product design education, and excellence. It's planning a future of partnering with new platforms, teams, exchanges, and entrepreneurs to complete its future projects.

Endnote

Numerous crypto traders have held on to the idea that profit-making is merely through buying low and selling high. However, the platform has proved that there are innovative ways to make profits once you join the crypto market. MyCointainer provides users with an excellent network to maximize profits. It is by far the most reliable platform for crypto staking.

Users with the least number of coins can still enjoy the benefits of convenience and diversity. Even better is the subscription plan, which gives one primary option and two power options. All this bolsters the service delivery to investors.

Even with low stakes, users can still share in the rewards. To increase their returns, however, investors are supposed to put an even higher stake. MyCointainer is working towards faster crypto adoption, all thanks to its rewards. It's by far the best staking platform for maximized rewards.

What happens when you gather a group of talented developers together with the goal to make a cryptocurrency that’s both useful and fun? Yoink is the result of just such a venture. This unique platform combines the best aspects of cryptocurrencies with the excitement of the lotto to create a truly original concept in the market.

What is Yoink

Yoink is the direct result of the desire of developers to create a simple protocol with a fair distribution model. Keeping a blockchain safe and secure is no easy task. In fact, it requires hundreds, if not thousands of participants. Sadly, many blockchains concentrate their rewards on those that can provide the most material support such as staked coins or those that possess the most hashing power.

This scenario leaves the average user at a huge disadvantage. How is someone who is new to the crypto sector supposed to compete with multi-million dollar mining operations? They can’t. That’s exactly why the sector needs more platforms like Yoink.

Yoinkonomics

Yoink relies on a totally different driving force to keep its network participants happy, fun, and profits. The platform provides a refreshing break from your all too common cookie-cutter consensus mechanisms in use today. While the platform has multiple use cases, by far the chance to hit the Yoink jackpot is sure to be a major draw for users.

What Problem Does Yoink Solve

Yoink solves a variety of different issues currently facing the blockchain community. For one, the platform derives a unique strategy to combat decentralization. Instead of basing your rewards on how powerful your mining rig is, or how much crypto you can lock up to stake, everyone gets a fair chance to earn some profits in Yoinklandia.

Developers are betting big on this lotto-style protocol to boost participation. The strategy makes sense since anyone can now look forward to some healthy windfalls if they are the selected Yoinker. Best of all, there are barely any start-up costs. You just need to hold some Yoink tokens to be an eligible candidate for the reward. It’s that simple.

How Does Yoink Work?

Yoink integrates various protocols to guarantee that its utility tokens remain deflationary. These protocols are unique to the Yoink ecosystem. However, it wouldn't be a huge surprise to see other platforms institute some of these concepts in the coming months. For now, Yoink is the only platform in the world utilizing these proprietary systems

Piggy Bank

The Yoink process begins with the community Piggy Bank. This piggy bank will initially hold 30% of the total YOINK supply. Keenly, the piggy bank will slowly deplete to zero as the bank issues more rewards to the Yoink community. Developers set the bank to never receive Yoink. It can only payout rewards randomly. This protects Yoink users from accidentally sending their tokens back to the bank.

Yoink Function

At the core of the Yoink ecosystem is the Yoink Function. This protocol automatically removes 1% from the piggy bank and issues it to a random Yoink wallet address. The protocol goes a step further to ensure the value of Yoink stays relevant. The platform will burn the 1% reward when the wallet is not in the top 500 YNK holders. In this way, Yoink incentivizes its users to hold more coins.

Yoink Token (YNK)

YNK functions as the main utility token of the Yoink ecosystem. This coin provides fast transaction times and can be sent globally for pennies. There will only be 100 million YNK released in total. This number is set to decrease over time due to the deflationary protocols of the platform

During the launch, Yoink seeks to issue approximately 40 million YNK into circulation. Importantly, YNK is deflationary due to the daily burn mechanism. This strategy helps ensure the value of YNK continues to rise in a steady and predictable manner.

Yoink Launch

Following the approval to launch Yoink officially, the developers will send out YNK tokens to all the participants of the crowdsale. These investors will be the first in the market to gain access to this fun-filled blockchain ecosystem.

Where to Get Yoink

The Yoink token Sale is set to start in mid-September 2020. Developers haven't listed the exact date yet but stated that they will provide further details about the timing & token price via Twitter and Telegram Channels.

Uniswap

Yoink will see listings on both Uniswap and lock liquidity with Unicrypt. The team behind this project plans to set aside ¼ of total funds raised plus 10 million YNK for these actions. Keeping in line with the deflationary strategy of the platform, any unused YNK will be burned.

The Secret Sauce

The development team behind this platform continues to remain secretive about their coding and for good reason. Yoink is the first platform in the market to rely on such a strategy to remain secure. If the project reaches the levels of success developers intend, it’s easy to see the platform become victim to a host of copycats, as is often the case in the blockchain sector. In a move to avoid this scenario, the developers stated that they will “consider” releasing the code publicly.

Yoink Seen Nothin Yet

While it’s clear the Yoink platform is still in its early development stages, there is something alluring about this protocol. It’s easy to imagine droves of people participating in the network with the hopes to one day win the Yoink “lotto” if you will. For now, this concept has a solid start in the market with its token launch.

Useful Links

Website | Twitter | Telegram | Source Link

The DFI token functions as an integral unit of account within the DeFi ecosystem. This next-generation utility token provides a seamless medium to conduct transactions on the DeFi blockchain. Its unique technical aspects give the DFI token some truly remarkable functionality.

The DeFiChain Foundation

The Singapore-based DeFiChain foundation is the group responsible for the issuance and maintenance of DFI tokens. This group consists of a variety of highly respected blockchain and financial experts. Their goal is to provide advocates of decentralized finance with all the services found traditionally in the centralized markets and more.

DFI Token Uses

The DFI token utilizes advanced protocols integrated directly into the DeFi blockchain to provide users access to a wide range of financial activities. Unlike other blockchains, the DeFi blockchain only supports financial applications. Developers choose to eliminate all casinos and gaming to reduce network congestion and focus on the expansion of the DeFi sector exclusively.

Pay Fees

One of the primary uses of the DFI token is to pay fees within the DeFiChain ecosystem. Similar to Ethereum, developers need to put forth tokens to execute their smart contracts. This strategy eliminates spam posts and ensures that only public-worthy coding fills the blockchain.

Loan Collaterals

The DFI token can also serve as a means of collateral for other cryptocurrencies. Since the DFI token functions as the main medium exchange within the network, it makes sense to allow users to use it as collateral for Bitcoin and Ethereum loans.

Staking Nodes

Users earn passive income when they stake their DFI tokens on a network wallet. Blockchains that rely on Delegated-Proof-of-Stake consensus mechanisms consume far less electricity than their Proof-of-Work alternatives. Notably, anyone can initiate a new staking node for 1,000,000 DFI tokens.

These tokens remain locked in your staking node until you decide to stop staking. At that point, you receive these tokens back. In this way, you can earn extra tokens and help secure the DeFi blockchain.

DeFi Custom Token (DCT)

The DFI token also allows developers to issue tokens known as DCTs. These tokens share the security of the DeFi token. However, developers can choose custom features to fit their application requirements. Importantly, this feature also provides the security token market an important doorway into the DeFi blockchain network.

Budget Proposal

DFI tokens allow anyone in the ecosystem to participate. For example, you can submit a budget proposal to the DFI Foundation for 500 DFI. Budget proposals go under review and a vote by masternodes.

DFI Token Distribution

The DeFi Foundation will issue 1.2 billion DFI tokens in total. Of the total, 49% will be available in the initial release. The group intends to issue the remaining 51% to masternodes over time. Keenly, the foundation will utilize the remaining 49% of future tokens to fund further expansion of the DeFi ecosystem. Additionally, some of these funds will go towards securing high-level market partners.

Where Do I Get DeFi Tokens?

Getting your hands on some DFI tokens is easy. There are a couple of different ways to acquire these unique financial instruments. Primarily, participating in the ecosystem is the best way to earn DFI tokens. The DeFi Foundation intends to conduct airdrops to HODLers, market makers, and other users of the DeFi Blockchain.

Reputable Exchanges

If you are not technically inclined, you can always scoop up some DFI at your favorite exchanges and platforms. The DeFiChain Foundation is currently working on integrating with tier one and two exchanges. At present DFI Tokens are available at:

LATOKEN

INDOEX

HOTBIT

CAKE DEFI

Stake Your DFI

You can also stake your DFI tokens at CakeDeFi. Cake DeFi allows DFI token holders to earn significant returns on their holdings via their internal staking mechanism. Currently, Cake DeFi has a special offer for DFI Token holders that provides returns far beyond any other digital asset on the platform.

DFI Utility Token – Opening the Door for the DeFi Community

You have to hand it to the developers of this multipurpose token. They were able to achieve the perfect balance between functionality and usability through the integration of next-generation blockchain protocols.

In Nov 2020, DeFiChain will be launching tokenization support, its DEX and a liquidity pool. This will bring an exciting new avenue of yield farming to the crypto space. You can expect to see a lot more DeFiChain token news in the coming weeks as the platform pushes the boundaries of decentralized finance to new heights.

The Falcon project has emerged as a dynamic and innovative DeFi platform that incorporates two interchangeable blockchains to form a robust network.

The hybrid blockchain model allows users to choose the best blockchain regarding speed, convenience, anonymity, and privacy.

An official tweet from the Falcon Project on Sep. 5 revealed that work in the Falcon blockchain would be fully completed in Q4, 2020. The exciting development means that users will soon behold the FNC privacy coin in their wallets.

The Project is also preparing to offer liquidity pools soon on top DeFi platform Uniswap in a move that promises to disrupt the DeFi sector's dynamics.

Those who maintain the liquidity of the FNT / ETH pool on Uniswap will receive rewards in the FNT token, the so-called farming, which has already become a trend this year. We also have information on updating the falconofficial.com website to reflect these changes.

What Does the Falcon Project Offer?

The Falcon project, which launched on Feb. 2, 2020, brings a unique approach to decentralized finance with its ERC-20 token-based payment system and anonymous hybrid blockchain.

The venture seeks to integrate FNT (ERC-20 token), which runs on the Ethereum blockchain, and Falcon Project's coin, FNC.

FNT serves as the Project's official digital asset and allows for speed, simplicity, and convenience while offering a comprehensive bonus system for holders. The token allows for unrestricted listing on exchanges and is thus tradable with other digital coins.

On the other hand, the FNC coin is designed to uphold privacy and enhance security when making transactions on the blockchain. The coin offers holders features such as choice of anonymous and open transactions, passive pool staking, and convenient wallets.

Due to its focus on anonymity, FNC coin cannot be listed on exchanges but can be swapped for FNT in the ratio of 1:1 if a holder wishes to trade on platforms such as Falcon's new partner OKEx.

Falcon aims to fully integrate FNT and FNC into everyday life for transactions or receiving payments conveniently and privately. Users can easily swap FNC for FNT via the swap form found on the website or via the Falcon project's telegram bot.

About Falcon’s Unique Reward System

Falcon implements a different chain for its rewards system, the ERC-1155, token, referred to as a voucher. The system employs a Proof of Hold (PoH) mechanism where users swap ERC-20(FNT) tokens for ERC-1155 token to earn rewards.

To participate and earn rewards, users must deposit a minimum of 500 thousand FNT tokens. They then need to swap their FNT for a voucher equal to the amount they wish to freeze and earn lucrative returns.

With the FNT value going up in recent months, Falcon recently introduced 500,000 FNT vouchers to make the POH rewards more affordable to users. All voucher holders earn dividends of 10% every three months or 40% per year.

In a Sep. 8 tweet, the Falcon team announced that it had set a sales record on the Enjin marketplace by selling a 50M FNT voucher for about $10K.

The Project now plans to release the first round of payment to voucher holders and start burning tokens from the frozen fund.

The growing popularity of bitcoin and other cryptocurrencies has attracted the masses, including fraudsters and hackers. By the end of 2018, the amount lost to cryptocurrency scams and theft hit 1.7b dollars. These kinds of losses on the blockchain system are near impossible to recover. The network has no third parties, oversight or regulatory body to take action against the thieves or follow the money trail. Furthermore, digital footprints are quickly scrubbed off the network once the theft occurs, making it harder to track. Many platforms offering crypto finance services are vulnerable to attacks from hackers looking for a payday.

Therefore, to avoid losing your crypto investment to potential fraud, it is better to take caution and get a cold wallet. A proactive approach when dealing with your crypto assets is always the best move. One of the ways you can protect your bitcoins is by using cold wallets. What are they and why should you consider using them for your bitcoins? Here’s an in depth insight into cold wallets.

What Is a Cold Wallet?

Cold wallets are offline storage for cryptocurrencies. The wallet is not connected to the internet, which is the most secure way to store your bitcoin without exposing them to online risks. Cold wallets are safe from online threats like cyber attacks, hacks, and unauthorized accesses.

A cold wallet will store your private and public keys. The private keys shouldn’t be shared with anyone as they are a string of alphanumeric characters that give you access to your bitcoin. Whereas the public keys are like your account number, you share them with other people to deposit funds to your wallet. If you would like to use cold storage wallets for your cryptocurrencies, you have several options.

Benefits of Cold Storage Wallets

Keep Fraudsters and Hackers at Bay

Cryptocurrencies are purely digital, meaning anyone with advanced computer skills can manipulate them. People can hack the system and carry out transactions with your cryptocurrencies, or corrupt the order to change cryptocurrency ownership. Keeping your bitcoins offline and in cold wallets puts them out of reach and safe from potential crimes.

Suitable for Longterm Store

When you don’t need to use your cryptos for a while, maybe a month or longer periods, cold storage is your most reliable option. You keep your bitcoin stored without stress and worry about the rising cases of cyber hacks.

Extra Security

A cold wallet is the most reliable security system in the market. The hardware cold wallets enable you to create strong password/seed and recovery solutions in the event of a loss.

Personal Storage

There are many cases of third parties conspiring to steal or compromise wallet ownership. A cold wallet takes away these worries as you’re the only one with access to your bitcoin. All you need is to find a way to store your device in a secure way to avoid losing it. You know where your bitcoin is, and you can keep an eye on it at all times

Easy to Monitor

Most online fraud can go undetected for a long time, and cryptocurrency owners may not get notified that something wrong has occurred. The crime is discovered long after coins have been missing making tracking and recovery much harder. Having a hardware device or any other form of a cold wallet makes it easy to locate and check on frequently. In the case of misplacement, you can take necessary action to restore the wallet, ensuring you don’t lose your bitcoins.

Suitable for Large Amounts

Small amounts of bitcoins can be stored in hot wallets, especially if you intend to use them within a short period. However, having large amounts in hot wallets puts you at higher risk as you become a target for fraudsters. That is why you are encouraged to get a cold storage wallet to protect your significant investments.

However, even with these features in place, bitcoin transactions can be used to track your history, leading to compromised individual contacts and addresses. Hence, there is a need to go the extra mile to protect your bitcoins and your identity with Bitcoin Mixer services.

Bitcoin Mixer

Bitcoin Mixer is a platform that allows you to mix your coins with other users and get back new bitcoins that preserve your privacy. The mixer obscures the ties between your bitcoin addresses and real identity to avoid tracing and guarantee anonymity.

It is especially advisable to erase the history of use before putting your bitcoins in cold wallets to make them hard to track and hack.

Bitcoin Mixer is also suitable for hidden transactions, covering your wealth from monitoring, donations, and purchases that you want to keep private. The company assures you of complete privacy.

Conclusion

The rising popularity of cryptos will continue to attract crooks, and cold wallets are the best chance at security. Hacking and theft skills necessary are, at times, very basic skills, and can be done online by anyone with ill intention. Until the blockchain system is advanced to enhance security, offline storage is the most viable option. Secure your investments by picking reliable and suitable devices and make sure you protect your devices. Furthermore, services like Bitcoin Mixer help you strengthen this security by protecting your privacy.

Ensure you follow all safety procedures, and you can enjoy all the benefits of cryptocurrency without worry.

Starting a crypto fund is a big step towards improving your investment strategy. In the past, creating a crypto fund was a difficult task that required weeks of complex implementation and development work. Luckily, Shrimpy simplified this process to minutes via the integration of advanced protocols and proprietary features.

How Shrimpy Works

Shrimpy is a next-generation social trading platform that allows investors to create and manage their indexes via a simple and intuitive interface. The platform is best known for its security and ease-of-operation. Shrimpy makes it simple for anyone to start a crypto index in minutes. Here's how you can start your fund today:

Register Account

The first step to a better financial future is to register your account. The registration process is straightforward and requires only minutes to complete. Once you fill out the required information, you will receive an email that contains a verification email.

Click the link in the email and it will take you directly to your dashboard. Here, you can access all the most vital features and data you need to make the most of your trades. You will see a Create New Portfolio button. Once you click this, it will take you to the Allocations screen.

Select Your Allocations

This page will allow you to select your portfolio's allocations. Crypto asset allocation is an investment strategy that aims to balance risk and reward by apportioning a portfolio's assets to meet your overall investment goals.

Configure Your Index

Once you have your allocations in place, you are ready to configure your index. There are a variety of parameters here to consider. You will want to familiarize yourself with all of the choices provided:

Weighted – You can decide to balance your portfolio equally, or based on market capitalization.

Number of Assets – Shrimpy allows investors to select up to 30 different assets in their portfolio.

Minimum Percentage - Shrimpy allows you to assign a minimum weight to your assets. If an asset drops below the required weight, your portfolio will automatically adjust to compensate for the difference.

Maximum Percentage – You can also limit the percentage an asset holds in your portfolio. This strategy allows you to avoid portfolio centralization during times of major Bitcoin dominance.

Exclude – You can select assets that you don't want in your portfolio. These assets will remain blocked until you decide otherwise.

Exchanges – As part of Shrimpy's flexible approach to the trading sector, you can select what exchanges to include in your index. Impressively, all you need is your API keys to get the process started.

Trading Features to Help You Out

Shrimpy integrates a variety of crucial functionality that provides investors with more security and streamlines the trading experience. Here are some of the best features to consider when using this next-level trading platform:

Social Trading

Social trading is a new feature to the crypto community but it has been a long time go-to for stock traders for years. This feature allows you to duplicate other trader’s strategies automatically. This is a huge benefit to anyone new in the sector. They can watch, learn, and earn from traders that have been in the market since its earliest days.

Passive Income

Reversely, if you think you have a trading strategy that works excellently, you can decide to allow Shrimpy users to duplicate your trades. Best of all, Shrimpy will pay you for your services. Currently, you earn $4 for every follower you gain. Of course, if you are the charitable type, you can choose to make your trades public for free. You still earn all that free Karma.

More Flexibility

So what can you do if the cryptocurrency you want to trade isn't on any of the exchanges available? That’s not a problem because Shrimpy allows you to add these digital assets to your portfolio via a cold storage feature. Best of all, Shrimpy will include these assets in its portfolio balance calculations.

Trading Made Simply

Everything about Shrimpy makes trading more simplistic. For example, you can load your funds on any of your linked exchange accounts, and the platform will register the new assets in your portfolio automatically. In this way, you’re always provided the most relevant and up-to-date trading data.

It Doesn't Get Easier than Shrimpy

It only takes a quick glimpse to see why so many investors migrated over to Shrimpy this year. You can expect this trend to continue as developers plan to expand the platform in the coming months. For now, trading cryptocurrency has never been easier.

Source: Crypto Adventure.

Technology brings change to this world in so many ways. Ever since the first cryptocurrency, Bitcoin, got introduced in 2009, people around the globe, especially investors, found a much lucrative alternative to the traditional financial systems. However, some investors, central bankers, and other economic science veterans identified Bitcoin and other cryptocurrencies as a speculative bubble. Because in 2018, there was a massive sell-off of cryptocurrencies that caused a 65% fall in Bitcoin's price. The percentage fall of the cryptocurrency market even broke the record of the Dot-Com crash.

For this reason, a group of professional crypto analysts developed Fidelity Token (FDT), the solution to our crypto assets depreciation. You may wonder how Fidelity Token will accomplish that. Well, FDT will allow crypto enthusiasts and government agencies to coincide and provide faster, safer transfer of value to everyone worldwide. Fidelity Token will also enable financial players to trade crypto assets that provide instant transfer of value and discounts.

In such a transparent world, it's clear why Fidelity Token can be so desirable, but before we know more about FDT, we need to learn about its roots.

Introduction to Fidelity Token

Fidelity Token is under the Ethereum blockchain, and unlike the central bank controlled fiat money, it is entirely decentralized. The ERC20 utility token provides faster transactions, and also users get to enjoy discounts as well.

Fidelity Token has a maximum supply of 20 million FDT. The decentralized utility under the Ethereum blockchain has a Fidelity Token/Bitcoin Ration of 1BTC = 10657.26 FDT. With a current supply of 15 million Fidelity Tokens in the market, it offers users a platform for seamless payment processes for goods and services. You can purchase FDT in Resfinex, the current most active market trading it.

Fidelity Token aims to strengthen the crypto space, and using blockchain technology; everyone is guaranteed full control of their funds. It's time to say goodbye to our centralized financial system and embrace the potential that Fidelity Token has to offer.

Advantages of Fidelity Token

Some of its outstanding benefits include:

High Speeds

Gone are the days when it was nearly impossible to send transactions around the world. The emergence of cryptocurrencies like Fidelity Token has allowed everyone access to a trustworthy digital currency worldwide. People can now buy goods and services faster with less hassle.

Also, Fidelity Token utilizes the Ethereum network's speed just like all other ERC20 tokens, which provides faster transaction confirmations.

Saves Time

It goes hand in hand with the above advantage; Unlike Bitcoin, you don't have to wait for transaction confirmations with FDT. The Ethereum blockchain ensures faster transactions. You can use your valuable time doing other things like crypto asset trading, which brings us to our next advantage.

Allows Crypto Assets Trading

For all crypto fanatics in the world, Fidelity Token is the new trading player in the market. FDT will enable anyone to exchange local currencies to digital assets with ease. And just like any trader, trading with Fidelity Token provides you with instant discounts and an increase in your crypto assets.

Decentralized and Safe

We can attest to the challenges we faced with the traditional financial system where a 3rd party intervened in our accounts. However, Ethereum-based Fidelity Token runs on a smart contract that prevents any authority or institution interference. Furthermore, it provides safer and faster transactions to people worldwide.

FDT has also expanded the idea behind decentralization far beyond the norm. It allows everyone to have total control of their token wallet, including their private keys and passwords.

Resistant to Market Forces

Other cryptocurrencies focus too much on providing extensive services to users. Nonetheless, they forget about maintaining the current value of available tokens. Fidelity Token changes that; FDT is part of the “All-in-one” utility token-based blockchain ecosystem. It ensures that the token is more stable and resilient to market forces.

We've Got Your Back

“United we stand, divided we fall.” The future of Fidelity Token is only as strong as the team that stands to support its users and build the utility token to victory. FDT has a team of experienced professionals that ensure the success of the project. The team comprises advisors and strategists, aiming to transform the token's future and deliver significant results.

The team also has IT pros highly skilled in blockchain technology that can create innovative solutions to ensure fast and secure operations.

Disadvantages of Fidelity Token

No cryptocurrency is without its concerns, and Fidelity Token is no different. These are some mere cons of FDT:

No ICO Funding

Other cryptocurrency projects depend on Initial Coin Offerings (ICO) to develop their projects. FDT will not promote ICO funding to control the token price with just investors and the community. However, they will have a crowdfunding round to be able to list on bigger exchanges. Should you wish to know more about it, you can visit their telegram.

Nonetheless, the good thing is that it will prevent the unwarranted devaluation of the token.

Increase in Gas Fee

An increase in gas fees makes the transfer of FDT much more expensive. Interestingly, no other ERC20 token, including Fidelity Token, can pay for the gas fee. Still, this increment will help create the ultimate volume and target price of FDT.

The Future of Fidelity Token

For investors and other crypto enthusiasts to take a hand in something, especially technology-wise, they need something that they can genuinely believe. The Fidelity Token has a projected plan to ensure that the token meets objectives on time with minimal deviations.

These plans include:

Q3 of 2020 – Creating a great community

Q4 of 2020 – listing in major exchanges

Q1 of 2021 – partnerships with e-commerce platforms

Q1 of 2021 – Creating an easily navigable android wallet where users/holders can store tokens securely

Such plans will ensure that FDT moves smoothly, and users get the ultimate convenience with time.

Get Your Fast, Safe, and Decentralized Fidelity Token

With the dawn of different cryptocurrencies, the digital financial system is still looking for a trustworthy platform that solves all their needs with minimum difficulties. So, Fidelity Token provides a one-size-fits-all solution for everyone, including investors and businesses in the whole world. It boasts functionalities of faster and safer transactions, decentralization, and resistance to market prices. In addition to facilitating crypto asset trading, the developer community can use this to provide more trading applications.

Source: Crypto Adventure