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Blockchain

Solar Farm Miner Launches a Tokenomically Power Ecosystem with High Rewards

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Solar Farm Miner, a protocol comprising several critical assets, launched a platform that delivers the highest APR of all. And it’s not just the rewards that draw investors but also the thrill and excitement offered by the platform. Solar Farm Miner was launched recently but has seen exponential growth with the user base seeing a consistent rise.

How does Solar Farm Miner work?

It’s an interesting concept. Solar Farm Miner works on three key assets, BNB, Solar Panels, and Power. Users will deposit BNB tokens in exchange for Solar Panels, and these panels will in turn generate Power. Solar Panels are the smart contract miners here that get to work to generate revenue. Investors will receive up to 14.28% of the power generated in the form of Watts.

This is where the fun part starts! Users will have the option to either sell the generated power for BNB coins or go with compounding (I.E. Convert the generated power into new panels to increase the overall production and the long-term profits).

Power is the key. The more power generated, the higher the revenue.

Also, the Solar Panels do not have a fixed price but depend on the TVL (Total Value Locked). Users with higher TVL will get more Panels for a given amount of BNB coins. This ensures a level playing field and creates an ecosystem that does not give undue favor to users who joined initially..

How can I earn the maximum rewards?

Since everyone cannot be generating the same amount of power – due to varying initial investments – the rewards will, naturally, differ. The trick here is to go with compounding frequently and over longer intervals. Users who do not compound frequently see a lower APR, and as a result, the returns are not as high.

Many recommend the 6:1 compounding rule, where investors compound for 6 days and lay claim on the 7th. But this does not work on a platform like Solar Farm Miner, where the growth number is high. Compounding quickly and for an extended period is the key to maximum rewards.

Can I earn rewards through referrals?

Solar Farm Miner does offer rewards when a user refers more people to the platform. When the one invited makes a deposit or compounds the currently generated power, the user will receive 12.5% of that. This system is devised to ensure that investors understand the importance of compounding and how it can increase the APR. Users get a unique referral link and QR code to invite others to the platforms.

Solar Farm Token is the native token for the platform

The Solar Farm Token often referred to as the SF token, is the native token and will be utilized to support the miners and help advertise the ecosystem. The total supply is capped at 1,000,000,000. Also, a transaction fee of 8% will be imposed on all deposits and withdrawals on the platform.

Besides, the native token can also be used to enter SolarVerse casino, a project currently under development but slated to release soon. More on it in the next section.

All about SolarVerse, the fun MetaVerse

With an idea to expand and explore every possible aspect, Solar Farm Miner will be launching the SolarVerse Casino, where users can gamble amongst each other over a bunch of exciting games, including roulette, poker, and slot machines, among others. The SolarVerse Casino will accept both BNB and SF tokens, or users can compound to gain entry. The idea behind using both these tokens is to create a peg between the price of the two.

The SolarVerse Casino will accept either 100,000 Solar Farm Tokens or 1 BNB. If the price of SF tokens is lower, users will choose it over BNB until the two matches. In case, the value of the 100,000 SF Tokens exceeds that of 1 BNB, the natural sell pressure will cause it to fall, thus creating a peg between the two.

Solar Farm Miner offers the highest APR in the market and is continuously working on ways to ensure stability and transparency in operations. It’s creating something that has not been tried before, and the response so far has been exemplary. The team is now working harder than ever to add new features and make the ecosystem even more fun and interactive, apart from offering high rewards.

To find out more about Solar Farm Miner, visit the official website https://app.solarfarm.finance/

Blockchain

39% of Canada’s institutional investors have exposure to crypto: KPMG

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According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.

The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.

KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.

Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.

Source: cointelegraph.com

The post 39% of Canada’s institutional investors have exposure to crypto: KPMG appeared first on HIPTHER Alerts.

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Blockchain

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

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The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.

Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.

Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.

Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.

Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.

Source: blockchain.news

The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.

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Blockchain

Cronos collaborates with KYVE to revolutionize Blockchain Data

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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.

The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.

KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.

The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.

Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.

Source: cryptonewsz.com

The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.

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