Afraid of DeFi? Here’s how to earn 41% APY on Bitcoin without wrapping it
Decentralized finance yields are incredibly attractive, but options markets can also provide similar sized returns for those willing to take risks. The number of investors interested in yield farming has grown immensely over the past 6-months as decentralized finance (DeFi) applications became better known and easier to use. This has led to an uncountable number of liquidity pools offering annual percentage yields (APY) surpassing 1,000% and the total value locked in DeFi contracts has risen to billions of dollars.Bitcoin investors who wanted a piece of the action managed to participate in....
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SINGAPORE, July 12, 2021 – Hodlnaut is thrilled to announce the support for wrapping and unwrapping Bitcoin on its platform. With Hodlnaut’s Token Swap feature, users can get instant access to WBTC without sourcing a wrapping merchant. The platform enables seamless swapping of Bitcoin to Wrapped Bitcoin and vice-versa for a clean price without any […]
As decentralized finance (defi) has become more popular, digital currency proponents are making money off of more than 140 yield-bearing cryptocurrencies. While most of the defi ecosystem revolves around the Ethereum network, a number of people leverage these defi applications in order to earn more bitcoin. The following list is a few defi platforms that allow individuals to stack satoshis by utilizing liquidity pools and lending apps. A great number of people hold bitcoin (BTC) for a long period of time whether in a noncustodial wallet or with a custodian like an exchange. However, these....
The decentralized finance (DeFi) market opens plenty of opportunities. We are sharing how to safely use the instruments of the niche to grow profits. How to earn on DeFi The key concept of decentralized finance is the absence of the necessity of middlemen. In the DeFi arena, there is no room for traditional banks with […]
Leading yield farming platform DeFi Yield Protocol has launched its highly anticipated DYP Earn Vault. The Vault is an automated yield farming contract fully integrated with Compound Protocol and supports five markets, including ETH, WBTC, USDC, USDT, and DAI. Earn Rewards on DYP Earn Vaults Users can provide an asset to the DYP Earn Vault and begin earning impressive yields on their assets. One of the unique features of the Vault is the integration with Compound protocol. When users deposit funds into the Vault, the funds are forwarded to Compound protocol in exchange for respective....
Decentralized Finance (DeFi) has become a critical subset of the cryptocurrency and blockchain space, one that mimics the products and services offered by traditional banks, such as borrowing and lending, but without the need for a third party. Without a bank, DeFi protocol users can provide liquidity and earn a yield in rewards. As the sector grows, new protocols have sprouted up that build upon the existing benefits offered and push innovation forward. Here’s how […]