BNBMatrix: A BSC Based Yield Farming Dapp Offering up to 17% Daily ROI
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....
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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....
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)....
Yield is everything when finding the best crypto-assets for your portfolio, and there is no substitute for BNBMatrix. As always, let us not forget the power of blockchain, the magic of smart contracts, and lately, the growth of Binance Smart Chain (BSC) as fuel for the Dapp market. High-Yield Farming: All You Need to Know […]
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.....
BNBMatrix.io is a yield farming Dapp on BSC. The goal is to make the most of the Binance Smart Chain without having to spend too much time and/or resources. The Binance Smart Chain (BSC) has seen an increase in the activity on its blockchain from token swaps, dApps to NFTs, and decentralized money markets. One of the best features of the BSC is that it offers cross-chain atomic swaps with gas fees that are almost 20 times lower than other chains. Its Proof-of-stake Authority (PoSA) consensus allows for it to be a high-speed infrastructure, helpful for DeFi apps. This makes it suitable for....