The popularity of decentralized apps (dapps) is growing in the market for investment, particularly when it comes cryptocurrency. Decentralized applications (dapp) are different because they have a similar design and function to web apps and standard phones, but they don’t run on corporate servers.
Instead, the dapps operate on a peer-to-peer or blockchain network. Because they are community-driven, neither a single user nor company can control them. This platform does not have a central administrator and is therefore free from interference from corporations, governments, or individuals.
Additionally, decentralized applications reduce downtime. That is, if one server fails, another network can take its place and keep the dapp running. Decentralized finance (DeFi), as it is known, relies heavily on decentralized apps. These apps have made a significant impact on the Blockchain industry.
BNBMatrix For Yield-Farming
Everyday, new dapps offer new earnings opportunities and multiple benefits for crypto investors. Now, with multiple dapps out there, one stands out as the best, i.e., BNBMatrix.io – a yield farming smart contract on the Binance Smart Chain (BSC).
Yield farming, which is currently the hottest topic within the crypto world, is one the largest growth drivers in the Defi industry. What is yield farming, you ask? It’s an investment strategy to grow crypto and earn more.
DeFi Yield Farming continues to boom in the crypto space and so far in 2021, the investors have gained over 60% returns! (Source: Medium)
The Inspiration Behind BNBMatrix
BNBMatrix.io, a Smart Contract-based platform, is a part of the Binance Smart Chain. The platform promises a very high return on investment (ROI) and minimal resources. With daily investment as little as 0.01 BNB, you can make high profit. The dapp, as the name implies, allows you only to deposit BNB crypto assets to earn high interest.
Return on investment for BNBMatrix
BNBMatrix yield farm gives users the chance to receive daily rewards. They can generate a daily return on their deposits from 7.8% to 17% depending upon the deposit period they choose – 7 to 30 days. So, their total ROI can range from 119% to 234%
BNBMatrix: Key Features
1. High-Profit Margins
Based on deposit periods (7-30 days), users could earn an average daily ROI of between 7%-17% and a total ROI range of 119%-234%. If you hold your BNB for seven days, the ROI is 17%. BNBMatrix boasts one of BSC’s highest ROI yielding farms, with such large profit margins.
BNBMatrix is a simple and easy-to-use dapp with a clean user interface.
3. Rapid Deposits and Withdrawals
You can withdraw or deposit money in a matter of minutes. Simply scan the QR code to connect to your decentralized wallet or log on to the desktop to make withdrawals. BNBMatrix supports four different BNB wallets via desktop browsers: Ledger Live (Infinity Wallet), Encrypted Ink and Wallet 3 On mobile, however, 64 distinct wallets are supported.
4. It’s safe and secure
BNBMatrix sounds too good to be true, but it’s 100% real. Haze Crypto thoroughly audited this platform. Audit results showed that there were no backdoors or vulnerabilities and also did not find any scam scripts. BNBMatrix was therefore declared a secure and safe platform to yield farm in the BSC network.
5. 24-hour Customer Support
BNBMatrix provides round-the clock customer support that is available for all users. For any questions or concerns, users can contact the support team via live chat through Telegram.
6. Referral Program
BNBMatrix offers a five-level referral program. Once they invest, the referral link will be sent to them. Then, they get a percentage of the referral’s deposit amount (ranging from 5% for Level 1 to 0.5% for Level 5). The increased referral rewards will add to the investor’s deposited amount – more deposits mean more ROI!
Is BNBMatrix really worth it?
Yield farming comes with Smart Contract risk, liquidation fraud and exit scams. BNB Matrix Smart Contract should be impenetrable and safe from any such risks. BNBMatrix has also been able to record breaking deposits of more than 2000 BNB within a mere ten-day period thanks to its user interface and fast processing. So is BNBMatrix worth it? As far as we know, it appears so. However, as always, don’t forget to do your own due diligence before investing in any platform.