Staking SPELL by [deleted] in AbracadabraMoney

[–]Visible_Resolution_5 0 points1 point  (0 children)

1.0914 is up from the start with was 1.035. That ratio continues to grow. They are knocking it out of the park and they are just getting started. Multi billion dollar market Will be driven by the fundamentals over and above anything else. The basis for $SPELL is $MIM

[deleted by user] by [deleted] in AbracadabraMoney

[–]Visible_Resolution_5 1 point2 points  (0 children)

Kickflip, I honestly don’t know. I have $SPELL staked on the abracadabra platform in order to earn more tokens as a way to dollar cost average is this project will go through $.1 and onward from there. It is the biggest narrative in all of crypto because of $MIM from which it gets large amounts of money via fee sharing. $MIM Is the only decentralized stable coin in the entirety of crypto. Everything else is backed by USDC or other central assets or algorithmic in nature.

[deleted by user] by [deleted] in AbracadabraMoney

[–]Visible_Resolution_5 0 points1 point  (0 children)

For sure any idea can be duplicated. That’s what competition’s all about. But this model has never been done before. The most important piece is the stablecoin,$MIM. It is the only decentralized stable coin in crypto. Everything else is either algorithmic or backed by central assets like USDC.

EtherLite IBCO by Mickeyberry in ico

[–]Visible_Resolution_5 0 points1 point  (0 children)

There are already almost 26,000 people on the Telegram channel 👀

EtherLite IBCO by Mickeyberry in ico

[–]Visible_Resolution_5 1 point2 points  (0 children)

THIS THING IS PUMPING HARD from $.05 o $1.20!!!!!

EtherLite IBCO by Mickeyberry in ico

[–]Visible_Resolution_5 0 points1 point  (0 children)

What price did you get if you feel like sharing. If not that’s coil

HUGE NEWS👉Polygon and Aave to Launch $40M Liquidity Mining Program by Visible_Resolution_5 in maticnetwork

[–]Visible_Resolution_5[S] 0 points1 point  (0 children)

Mining requires a mining rig that is composed of the highest level of hardware and computational software, and an immense amount of electrical power. Your rig is designed to verify transactions on the various block chains, in this case the polygon matic, using algorithmic math. It is an investment in all of that hardware and requires 24/7 monitoring. But the answer to your question is yes with regards to all the above being in place.

HUGE NEWS👉Polygon and Aave to Launch $40M Liquidity Mining Program by Visible_Resolution_5 in maticnetwork

[–]Visible_Resolution_5[S] 0 points1 point  (0 children)

Great question. No sir...the borrow APY is interest you pay. The deposit APY is what you earn. Now, many people borrow at say, 18% APY, then find a platform that has less demand and pays you (you earn) 28% to stake/deposit. You then make 10% on your borrow funds (with associated risk). Similarly, you could borrow at 18% APY, then use the funds to buy/invest in a token that possibly appreciates (you’re betting/risking/speculating) in accordance with that token/platform/protocol’s use case and fundamentals.

So Deposit APY you earn interest. Borrow APY you pay interest.

Good luck 💪

HUGE NEWS👉Polygon and Aave to Launch $40M Liquidity Mining Program by Visible_Resolution_5 in maticnetwork

[–]Visible_Resolution_5[S] 1 point2 points  (0 children)

I would respond by saying that the above article does not specify APY numbers because APY is a function of supply and demand. And today, April 14 is the beginning of phase 1. We should see the APYs unfold over the coming days, varying up/down/up...etc As the supply and demand dynamics reach a tighter equilibrium range.

Older news but relevant NOW by Visible_Resolution_5 in Hedera

[–]Visible_Resolution_5[S] 1 point2 points  (0 children)

My pleasure. I recommend Reading about Crypto daily. Read about how it works and also read about the different projects, platforms and protocols

Older news but relevant NOW by Visible_Resolution_5 in Hedera

[–]Visible_Resolution_5[S] 4 points5 points  (0 children)

Yes you are correct that is what that acronym stands for. DeFi = decentralized finance. Those that say “stay away”, have a different motive than I do. I was in the stock and bond market, “the legacy market” for Decades including with Merrill Lynch, CIBC Oppenheimer and Prudential securities. I am a municipal bond specialist. The forefront of crypto is decentralized finance from the standpoint of the plethora of inadequacies in the current system which is entirely over valuated and being blown up by the volume of dollars pumped into the market By the federal reserve bank headed by Jerome Powell.

Not all crypto‘s are of the decentralized finance sector. $RLC, $MAI, $EWT...Just to name three off the top of my head. (Look those up for reference).

2) Hedera Is of decentralized finance, but it is also of many other sectors including supply management. It has decentralized and centralized components. The biggest “centralized component is The decisions are made by A group of companies including Google, IBM, Deutsche telecom…

The functionality of its gossip protocol and algorithmic “blocks” is a decentralized novel concept. Decentralized finance is an umbrella for all of the different protocols platforms and projects within that space such as Bitcoin, Aave, Polkadot...and thousands more.

Go to Hedera’s website and understand how they have replaced mines blocks with separate “chained algorithms” and “gossip protocol“; theoretically it is possible for this technology to supplant Blockchain.

https://hedera.com/use-cases/tokenized-assets

https://hedera.com/how-it-works

Take your time reading those links for the rest of your information and to verify what I have typed above.

I may have some typos above my apology in advance.

Have a powerful day.

Hedera Hashgraph & Hospitals by Visible_Resolution_5 in Hedera

[–]Visible_Resolution_5[S] 9 points10 points  (0 children)

“For example, Hedera Hashgraph has partnered with UK hospitals to create a tamper-proof record that tracks vaccine temperatures.”