DeFi liquidity mining is the latest and popular cryptocurrency mining. It is the most popular way to make money in the world. It is a kind of no-stake mining.
We only need to get the node certificate in the wallet, and then deposit USDT into our wallet to immediately participate in the mining pool cloud mining.
This is very simple, you just need to have your own crypto wallet.
The balance in the wallet is not less than 10USDT to participate.
USDT is in your own wallet, no need to transfer currency, "zero" risk, "zero" investment.
This crypto wallet is like your bank card, your funds will generate interest in it, it makes sense! It's just that the interest is much higher than that of the bank. The money is stored in the encrypted wallet. The wallet is your own and there is no risk.
Advantages of Defi:
1. High transparency: Since every transaction in the blockchain network is broadcast to every node, higher transparency is achieved. Every node in the network can verify the data. This high level of transparency provides room for rich data analysis and ensures that everyone can verify access.
2. Immutability: The data in the blockchain cannot be changed. Every block in the network that contains transaction details and other information uses encryption principles and hash values.
3. Interoperability: Blockchain achieves interoperability by connecting different blockchain systems to ensure seamless linking of cross-chain transactions.
4. Decentralization: The decentralized environment of blockchain ensures the transfer of control from a central authority to a distributed network. Decentralization offers its users the benefits of a trustless environment, improving data consistency and reducing weak points.
Their revenue By issuing USD tokens on the Ethereum blockchain, people are encouraged to provide liquidity in their own capital trading pools. Like some new malls, in order to encourage customers and sellers to trade in their malls, they will give them merchant-specific coupons (or incentives).
The main purpose of liquidity mining is to gain users and traffic, effectively distribute one's own tokens, and make the tokens more liquid, so that the project has a wider community base.
Defi's liquidity mining takes advantage of the decentralized nature of the blockchain and is highly innovative. People who participate in mining provide liquidity and heat to the market, and also receive community rewards from it.