With #BSC's recent success, more and more users are wondering how to use their cryptocurrencies in order to generate a passive income.
2/ As a yield farmer, you are rewarded by staking your idle cryptocurrencies, BEP20 tokens, and stablecoins in DeFi projects to stabilize its growth.
It is close to staking, but yield farming goes around shopping from market to market, looking for the more lucrative offerings.
3/ For example; the SnowBank
A Yield aggregation platform that uses investors’ deposits to generate yield AUTOMATICALLY.
SnowBank Vault provides a return in two different interest-bearing tokens as well as $xBLZD.
So that’s three rewards tokens at once. 🤑
4/ What makes us different?
The deposited assets are sent to a strategy smart contract that invests and manages the assets in other BSC projects, i.e. @PancakeSwap
5/ As liquidity providers, yield farmers are asked to lock up their crypto in a liquidity pool via smart contracts.
You will earn through incentives coming from percentages in transaction fees, lending interests, or a governance token ($TUSK).
6/ Thanks to DeFi, yield farming might just be the crème-de-la-crème of investment instruments, allowing you to earn passive income through Blizzard.Money.
If you decide to take the road towards a rewarding, high-yielding investment, start farming with us today.
7/ Everyone starts off as a beginner in DeFi, and we know you will have questions getting started!
That's why our Telegram mods work around the clock to support your farming ventures. Come join us at t.me/blizzardmoney and get ready to learn!
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We want to make sure that everyone understands what’s going on with @MammothBet, and its governance token.
Get to know the mechanics behind Mammoth Gaming and the $TUSK token.
2/ If you are one of the Yetis that were lost in the caves the last couple of weeks, pay attention:
Mammoth Gaming will be an ever-growing collection of dApps. Yetis will be able to enjoy games of chance and decide the future of the gaming platform with $TUSK.
3/ 🚨Official details for the $TUSK reward distribution:
By tapping into new protocols like BakerySwap, while expanding our reach on PancakeSwap, we bring new ways for our users to generate an income passively.
2/ Previously, our vaults were tied exclusively to @PancakeSwap, so all LPs were created there, then imported over to SnowBank.
This will be the same process for any other AMMs we decide to onboard.
Do you have a favorite DeFi site you’d like to see on the SnowBank? 🤔