Quote from: so98nn on August 22, 2021, 05:13:53 PM

Quote from: suzanne5223 on August 22, 2021, 01:45:25 AM

Quote from: bitcoinsc on August 21, 2021, 09:59:13 PM

So not only is btc a good store of value u can earn interest on your bitcoin holdings. I'm holding btc and eth and gaining daily interest 3.8% apr on the exchange. Hotbit.io I am also doing defi farming on these holdings. So Additional gains about 9% apr.

The exchange in the subject is not the only crypto site that offers a dividend to those who stake or invest certain supported crypto for this feature but I want you to know that they are doing this to encourage you, so you can keep your holding in their platform instead of your personal wallet and if you examine deep about the approach, nothing makes them different from a traditional bank.

Yeah, that's interesting one. They are indirectly telling us to hold the money in their wallets so that the demand would be created for those coins and thus they will have less supply eventually and more demand with increase in the prices as a result.

They actually encourage holding of crypto on their platform so they can also loan some whales or institution and they sometime use it for an incestment purpose just like the traditional banks does, if not there's no reason for an exchange site to give users passive income although they learn all this through DeFi project but if I want to choose a DeFi project I will go for Sovyrn.

Quote from: so98nn on August 22, 2021, 05:13:53 PM

I am very much trusting the holding strategy these days after gaining good experience at FUN token savings program. The token locking period and investors is huge and thus prices are also rising very fast.

You guys need to be careful of the so called yield farming token which are using the investors vulnerable to attract investors because they understand that 90% of all crypto investors are after profit.