Do you think that this is a complex mechanism? Let’s deal with this topic using the example of the new Azimuth Finance project. It includes several services. One of them is MINER.
On the Azimuth Finance platform you can participate in mining using stable and familiar cryptocurrencies.
$AZM token holders can buy a place in one of the pools and get access to the mining of AZM, USDT, BUSD, ETH, USDC, DOGE and BNB. Therefore, if users are not sure about the stability of the $AZM token, they can choose any stable coin, the price of which is pegged to the dollar.
Please note that exclusive pool conditions will apply to Pre-Launch participants.
How does this system work?
You invest required number of tokens into the selected pool. These funds will be permanently frozen in the miner’s smart contract. After that, the miner will start working and will bring you daily income, which can reach up to 10% of your deposit amount. You can withdraw accumulated profit at any time or reinvest to increase your reward.
Your daily rewards will be charged with compound interest and will depend on many factors, such as: frequency of reinvestment and withdrawal of accumulated profits, total supply of locked BNB, BUSD, USDT tokens, etc. in the miner’s smart contract, the number of invited referrals. Thus, in order to keep the highest rewards up to 10% per day, the Azimuth Finance team recommends its users to use the 6/1 earning strategy.
Principle of the strategy is that within 6 days users make reinvestment, and on the 7th day they withdraw profit to their wallet. This strategy is designed for a long period, but as a result it will bring maximum profit.
Also, the developers of Azimuth Finance provided protection from whales.
Too frequent profit-making leads to a decrease in daily profitability of up to 0.5%, this allows you to ensure that locked tokens remain in the smart contract.
Here you can find links to the social networks of the project, where all the detailed information is presented.
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