ALNAIR FINANCE: Making DeFi easy
Since DeFi came into limelight and got everyone talking, there have been lots of improvement and better understanding of what it really means. The Gospel about blockchain is spreading and the real potential of DeFi (Decentralized Finance) is becoming more glaring each day. The blockchain is the building block of DeFi and the simplest definition is taking part in financial technology without involving any sort of central authority.
It has given everyone the opportunity to be in charge of their financial assets, to do whatever it is that is possible to earn more without any sort of restrictions. And the interesting part is the fact that no central authority,banks and government, will get to scrutinise it. It should however be noted that this does not mean it is used for money laundering, the technology involved with DeFi is built on a distributed ledger (blockchain) which everyone can see and evil perpetrators can be easily fished out. DeFi is to allow more opportunity earnings.
This article will be focused on how to earn more from DeFi and to do so easily. There are important terms to note in the DeFi ecosystem: yield farming, crypto assets, yield optimisation, DEX (Decentralized Exchange), AMM (Automated Market Makers) and few others. Let us go through their meanings
Crypto assets: These are digital assets that are built on the blockchain, making use of the distributed ledger to prove ownership.
Yield Farming: This refers to efforts to put crypto assets to work and generate the most returns possible on those assets.
Yield Optimizer: It is a tool that helps manage the investment of user funds into yield farming pools provided by AMMs, swaps, and other protocols in order to maximize performance.
Automated market makers (AMMs): They allow digital assets to be traded in a permissionless and automatic way by using liquidity pools rather than a traditional market of buyers and sellers. Prices are determined by a constant mathematical formula.
Liquidity Pools (LP): This refers to a pool of tokens that are locked in a smart contract, and works based on what is agreed upon by buyers and sellers on the smart contract. The pool enables cryptocurrency trading by providing users with liquidity.
Liquidity: This is the ease with which a token can be swapped with another.
Decentralized Exchange (DEX): It is a DApp (Decentralized Application) that coordinate trading of crypto assets between many users. It removes middlemen to allow regular people to do business directly with each another. Users hold their crypto assets in their wallet, DEX do not offer custody.
Staking: Broadly speaking, it involves all DeFi activities that involve a temporary commitment of crypto assets.
These are very important terms to know in the DeFi ecosystem as they will be used numerous times. Getting much out of DeFi starts with the knowledge of how things work. All of which involve automation, smart contracts are a big part of DeFi as it helps out in the agreement between buyers and sellers.
Getting much out of DeFi.
The use of a Yield optimization is needed to be able to do much with one's crypto assets. It reduces the amount of work that will be done in finding the right profit margin or the best staking APY. Having the right platform to stake your crypto assets is key in making decisions on DeFi, because the rate at which you earn is depending solely on this. A Yield Optimizer helps in reducing this stress while giving you the best possible returns.
Introducing Alnair Finance
Alnair Finance is a Yield Optimizer Platform that allows users to stake LP-Tokens issued from AMMs (Automated
Market Makers) / DEX (Decentralized Exchange) in Alnair Vaults, which automatically harvest and re-stake their
rewards as LP-Tokens for a compounding effect.
With the ZERO fees from Deposit/Withdraw helping users harvest more rewards automatically with the ease of mind from Gas Fees. The Alnair Finance is a Unique Yield Farm with various complex strategies and rewards $ALNR holders. Alnair users have access to Boosted Vaults, which were designed to boost APR/APY to certain farms.
The automation factor in the process of yield generation and compounding makes it possible for users not to manually reinvest their staking rewards, but can rely on automated asset growth by simply making a deposit into a Alnair
Finance vault.
With Alnair Finance, holders do not need to have extensive knowledge of the underlying protocols that support
automation and yield optimization, while depositing funds to vaults represents a passive investment strategy. The main goal is to increase the initial value of assets deposited by users, further increase users’ passive income, with
minimal involvement on users’ end.
Connect with Alnair Finance.
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Dear @heeyahnuh, we need your help!
The Hivebuzz proposal already got important support from the community. However, it lost its funding a few days ago and only needs a few more HP to get funded again.
May we ask you to support it so our team can continue its work this year?
You can do it on Peakd, ecency, Hive.blog or using HiveSigner.
https://peakd.com/me/proposals/199
Your support would be really helpful and you could make a difference.
Thank you!