Hello steemit community, I am about to share a platform that can bring you income with no work. All you need is 100 usd worth of bitcoin to make a deposit to the website. Everyone in the crypto space should understand that with all investments comes risk, its up to you to take that risk knowing the potential reward. The platform that i'm sharing with you here today is known as Davorcoin, its a new lending platform similar to the so called pyramid scheme Bitconnect, some of you would know this platform and even be invested in like myself. Bitconnect was launched early 2016 and its still here and will be here for some time, this is not financial advice just here to share some potential money multipliers with you. Bitconnect coin (bcc) is currently worth 400 usd, after ico it was 10 usd per bcc.
What is DavorCoin?
DavorCoin is a new cryptocurrency which aims to become the best alternative to current popular coins such as Bitcoin and Ethereum. It is a form of digital public money created by complex mathematical computations and validated by millions of computer users (blockchain technology). DavorCoins are digital coins which you can store on your computer drive, smartphone, hardware wallet or somewhere in the cloud. Once you own DavorCoins, they behave like physical gold coins: they possess value and can be traded like stocks in popular exchanges. In the future you'll be able to use them to purchase goods and services.
Now that we know about Davorcoin, how can we earn from it? You can earn from Dvorcoin just like any other cryptocurency, just hodl (hold) it, other ways to earn include staking, trading and lending Davor to the website.
What is stake?
Staking is simply holding coins in a staking wallet, by doing this you contribute to the value of the coin increasing, how you make ask well its simple the more coins being staked the less coins traded there for the value increases due to demand. Davor coin can be staked two different ways.
- By downloading the Davorcoin staking wallet, then depositing Davorcoins to the wallet. 10% per month for staking in the staking wallet.
- Deposit Davorcoins to the staking pool on their website. Daily payout twice a day, 10% per month for staking in the pool.
How to lend Davorcoin?
First you have to deposit Bitcoin to the website, then buy Davorcoin using the internal exchange, once you acquire Davorcoins you can loan them to the website. Minimum to loan is 100 usd worth of Davorcoins. To maximize your earnings you must compound your interest(reinvest).
How is this sustainable?
Davorcoin uses crypto arbitrage to trade their coin against Bitcoin and other cryptocurenceies.
Definition: Arbitrage is the process of simultaneous buying and selling of an asset from different platforms, exchanges or locations to cash in on the price difference (usually small in percentage terms). While getting into an arbitrage trade, the quantity of the underlying asset bought and sold should be the same. Only the price difference is captured as the net pay-off from the trade. The pay-off should be large enough to cover the costs involved in executing the trades (i.e. transaction costs). Else, it won't make sense for the trader to initiate the trade in the first place.
We the investors are only paid 20% of what we lend to the platform the other 80% they keep.
To maintain stability our daily interest rates fluctuate between 1%-2%
Thank you for reaching this far i left out some information intentionally so you can do some research, remember do not invest what you cannot a ford to lose. We are the early adopters we will get the most out of crypto once we develop a plan and stick to it. Always Diversify, you only make a lost when you sell so hold and ride out the waves. Do not Fomo (fear of missing out). Sign up for Davorcoin using the link below.
Learn more about Davorcoin here
Davorcoin
https://www.davor.io/Account/Registration?r=21F90D
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