BNBMatrix: The New Face of High-Yield Farming

While cryptocurrency has attracted a significant following in the subsequent years, it continues to grow after hitting a record-breaking all-time high. Bitcoin, the most popular cryptocurrency, is valued at nearly $67,000. (Source: Forbes) Thus, more and more people are drawn towards investing in cryptocurrency. And, what better way to do that than yield farming? Yield farming is an investment strategy to lend crypto to generate returns in the form of additional crypto. You lock your funds in a smart contract on a Blockchain app. It is a core activity of the decentralized finance (DeFi)....

Decentralized finance technology allows you to raise revenue on the blockchain. So, no regulations and hassle of dealing with banks, brokerages, etc. Instead, the decentralized finance (DeFi) ecosystem entirely depends on blockchain smart contract dapps where you can directly deposit, withdraw and earn profits through yield farming without the involvement of a third party. Yield farming is a great way to earn passive income through crypto-assets. You lend or stake crypto to earn interest. As yield farming is a top crypto investment trend in 2021, the number of decentralized applications....

Yield farming is a still-nascent crypto strategy to high return on investment (ROI) on depositing cryptocurrencies, including bitcoin, ethereum, Binance coin (BNB), and stablecoins. While traditional investments in banks pay a quarter percent, yield farming can give triple-digit % yields. Yup! that’s right; some dapps are offering 100% plus yields. However, one that has left […]

Decentralized applications (dapp) are becoming a popular technology in the investment market, especially when it comes to cryptocurrency. What makes dapp different is that even though they offer a similar layout and functionality to a standard phone and web application, they do not run on corporate servers. Instead, dapps run on a blockchain or peer-to-peer network. Thus, no single company or user is controlling them as they are community-driven. With no central authority running the dapps, this platform is independent of interference by corporations, governments, and individuals.....

Since its launch in September 2020 as a parallel platform by Binance, Binance Smart Chain (BSC) has been making its presence felt in multiple financial technology markets. With its low transaction fees, fast processing speeds, and compatibility with Ethereum Virtual Machine, it is offering an unbeatable user experience to NFT, Dapp, and DeFi developers. Taking all these attributes into account, BSC has revolutionized trading through its exchange with new and exciting Dapps getting launched every day. BNBMatrix.io is a yield farming Dapp on BSC. The goal is to make the most of the Binance....