DeFi liquidity mining has gone viral recently, bringing with it high threshold and exceptionally high risks. It requires not only demanding technical ability to protect wallets and private keys, but also discretion for good projects to avoid losses. In order to make it available to more users and create more returns, we will launch DiFi liquidity mining fund to provide liquidity mining service.
Launch time of DiFi liquidity mining fund: 20 Sep 2020 10:00 (GMT+8)
Address to participate: address to subscribe fund
FAQs of DeFi liquidity mining fund:
I. What is DeFi? Why is it popular? How to play it?
DeFi: Decentralized Finance aims to provide financial services to users through smart contract. Current DeFi projects can achieve high annualized return in terms of specified tokens.
Born in 2018 and made popular in 2019, DeFi is expanding it’s ecosystem, with wide use cases such as crypto loan platform, DEX, stable coins, derivatives, prediction market and insurance spawning out. The year of 2019 witnessed an exponential increase of DeFi crypto loans through which users can borrow stable coins or other major tokens by pledging available assets in account. Users can redeem their collateral assets after repay the loan when it get expired. Since then, block chain has entered a new era of leveraged economy.
II. What is DeFi liquidity mining?
Simply put, it refers to mining by staking other assets to provide liquidity for a specified token so as to gain reward of governance token from project party. For example, you can stake or borrow DAI, USDC, USDT and ETH in the liquidity mining initiator Compound and get governance token COMP as reward for providing liquidity.
III. What is DeFi liquidity mining fund?
It aims to achieve one-click mining, profits gaining and distributing for users by raising users' assets and putting them into specified DeFi products.
VI. How many stages does DeFi liquidity mining fund go through?
- Fundraising: low minimum purchase, running when minimum subscription reached
- Project selection: cherry pick excellent projects for mining
- Code audit: audit contract codes of project to make sure safety
- Risk appraisal: professional risk management team to appraise risks of mining
- Race for early mining: gain more returns by early mining
- Withdraw and sell: lock profits by selling gains immediately
- Profits distribution: calculate and distribute profits to users at maturity.
V. What advantages does DeFi liquidity miningfund have?
- Convenience: DeFi liquidity miningfund frees users from complex operations like managing private key, acquiring resources and trading. One-stop service gives users access to huge rewards without having an on-chain wallet. Users can participate in liquidity mining easily by purchasing DigiFinex liquidity mining
- Security: DigiFinex will choose DeFi liquidity miningprojects that are widely accepted and have gone through smart contract audit. In order to reduce risks, DeFi system will be monitored in real time when the fund is running.
- Ultrahigh return: Fixed term and ultrahigh return facilitate users to rack up huge profits.
- GAS fee free: DigiFinx will pay all the GAS fees
- One-click custody: DigiFinex has professional asset management team for liquidity mining which will go through the process of Project selection - Code audit - Risk appraisal - Race for early mining - Withdraw and sell - Profits distribution. Just click once, and your job is done. Enjoy high-quality custody service from the start to the end.
- Safe mining: DigiFinex has been operating for 3 years with dedication. We will give users the easiest and safest access to liquidity mining.
- DigiFinex promise: we will make sure your capital is 100% safe. If any capital loss occurs in mining, DigiFinex will cover all the losses incurred.
VI. What return rate can liquidity mining fund achieve?
DigiFinex will choose DeFi liquidity mining projects that are widely accepted and have gone through smart contract audit. Currently, projects of this kind has a annualized ROI of 20% - 500%.
DigiFinex liquidity mining fund is a capital guarantee fund whose returns vary by tokens and mining pools. Returns and capital will be distributed at maturity once and for all. DigiFinex promise 100% capital guarantee. If any capital loss occurs in mining, DigiFinex will cover all the losses incurred.
VII. How to subscribe DeFi liquidity mining fund?
Log in DigiFinex App, click Fund in the homepage and select corresponding DigiFinex fund to subscribe. Please follow DigiFinex announcement for related funds or join DigiFinex communities for firsthand information.
Please note: Currently, DeFi projects may contain considerable asset bubble. Annualized yield of liquidity mining products is high due to the high market value of DeFi token, but return rate will be back to normal level when the market cools down and token prices drop. Please note that we will distribute profits according to the actual return.
Thanks for your support
16 Sep 2020
Telegram Official Community:https://t.me/DigiFinexEN
DigiFinex (digifinex.com)DIGIFINEX LIMITED. reserves all rights of this event, including but not limited to adjustment, explanation and termination at any time.