3 Reasons to Deposit in BNBMatrix
Yield farming is not at all like putting money into a bank account and knowing that you’re going to get a 2% return after six months. It allows you to stake your crypto assets and earn an annual percentage yield (APY) or return on investment (ROI). Besides actually earning rewards, you could think of it as an interest on the currency you hold, rather than just hoping the overall value goes up.
So, with yield farming, you can earn a return without depositing your coins to lock in a profit that you have. Thus, it gives investors more options which is always a good thing, but there are still risks such as not knowing the rate of return you will get. Moreover, your coins can be locked up for a significant period, so you can’t take advantage of price fluctuations during that time.
But despite all the risks, many crypto enthusiasts are moving towards yield farming as they can generate very high returns! You can even multiply our crypto holdings with a stable and safe yield of 119% to 234%.
How?
Continue reading to find out!
What is BNBMatrix?
BNBMatrix.io is a smart contract dapp on the Binance Smart Chain (BSC) network for BNB Yield farming. BNB is a cryptocurrency called Binance Coin. As the name suggests, BNBMatrix allows you to deposit BNB and earn an ROI of 119% to 234%. The best part is that the minimum deposit is as low as 0.01 BNB.
Thus, BNBMatrix promises high gains on minimal investment and risk. Unlike other dapps, BNBMatrix will not lock your crypto for months and years. The deposit period ranges from 7 days to 30 days with 7.8% to 17% ROI on daily deposits depending upon the length of the period. And, you can make withdrawals every single day.
Some features of BNBMatrix include:
- 24/7 customer service and support staff
- User-friendly platform
- Safe and secure smart contract
- Supports multiple wallets
- Quick and easy transactions
- High and stable yields
Why Deposit in BNBMatrix?
Here are three main reasons why you should deposit in BNBMatrix for yield farming:
- Safety Comes First
The first and most important reason is safety. HazeCrypto has thoroughly audited this yield farming platform. The audit report declares BNBMatrix smart contract to be 100% safe from any backdoors, vulnerabilities, and scam scripts. Moreover, the audit reported no errors, bugs, warnings, or critical issues. Thus, BNBMatrix is a verified and safe smart contract on the BSC network. So, you can deposit your Binance coins on this yield farming decentralized app (dapp) without any concerns.
- Generate Stable High Yields
While there are many yield farming dapps where users can generate triple-digit yields, they also come with multiple risk factors. Most of the crypto yield farms are volatile, where the APY regularly fluctuates. For example, one day, you can get a 200%+ yield, while on others, you may not earn any ROI at all. This is where BNBMatrix can help you. It promises a stable high yield of 119% to 234% on your deposit. Plus, it protects you from other risk factors because:
- BNBMatrix does not lock your crypto for an extended period
- The yield percentage does not fluctuate
- You don’t need to deposit excess reserves
BNBMatrix offers referral rewards to investors. You can generate extra income by referring this platform to others. As soon as a referral makes a deposit, you earn a percentage of the deposited amount. The referral program has five levels:
- Level 1 – 5%
- Level 2 – 3%
- Level 3 – 2%
- Level 4 – 1%
- Level 5 – 0.5%
To visit their website, click here
Check out their Smart Contract here
For full Audit Report and project details, click here
If you have any questions, you can ask on their telegram channel
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
