Would you like to earn passive income with cryptocurrency? Does this sound too good to be true? In today’s video, I’m going to be sharing with you three hidden Altcoin Gems that can help you earn more crypto just by staking it, and the best part is, some of these cryptocurrencies have also been increasing in value.
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00:00 These 3 Altcoins could 10X in 2 weeks.
02:45 First Altcoin gem
06:04 Second Altcoin gem
08:39 Third Altcoin gem
12:33 Security of these 3 Altcoins ecosystem
13:17 Yield farming in the Vault
16:20 How to buy these Altcoins
17:50 Join the class & VIP group
So, what are these 3 hidden Altcoin gems?
1️⃣ GROWTH DEFI (SPONSORED)
📝 Sustainable. Secure. Growth DeFi.
Growth DeFi is a multichain ecosystem that combines products such as its overcollateralized stablecoin (MOR) and yield aggregator (WHEAT) to provide the highest level of capital efficiency for its users. All products maximize tokenholder value through decentralized governance.
Security is our #1 priority. We have ensured that our users’ funds are secure by having Wheat and MOR’s vaults audited by ConsenSys Diligence, a top-tier firm with a proven track record.
📝 Yielding Collaterals + Self-Repaying Loans
With WHEAT and MOR, users can earn yield with most type of collaterals, including single assets (BTC, ETH, AVAX, JOE, LINK, etc.) and LP tokens (AVAX/JOE, AVAX/USDC, etc.). With MOR, users have the option to earn yield with non-leveraged positions or with leverage. With leveraged positions, users can also take advantage of MOR’s self-repaying loans (i.e. negative borrow rates) that cause the user’s debt to automatically decrease over time while their yield increases.
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2️⃣ WHEAT (SPONSORED)
WHEAT is the incentives token of the ecosystem. It is used to gather permanent liquidity for bonds and incentivize stakers of WHEAT, GRO, and MOR. Subsequently, a large portion of the ecosystem’s revenue is used to accumulate treasury positions which perpetually buyback and burn WHEAT, therefore aiming for deflation.
WHEAT can also be staked on Wheat’s platform to compound into more WHEAT.
3️⃣ MOR (SPONSORED)
MOR is the ecosystem’s over collateralized stablecoin. Users can provide their collaterals, earn a yield on them, and borrow at either 0% interest rates or negative rates (self-repaying loans). MOR will be available in an increasing number of chains and will support different types of collaterals such as single assets, LP Tokens, and tokenized NFTs.
MOR can also be staked on Wheat’s platform to earn WHEAT.
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Please always check with a professional before making any decisions with your money. These videos are for educational purposes only and I am not responsible for your actions in any way. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional! Joe Parys is not providing you with individual investment advice. Joe Parys is not registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. Joe Parys is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
Affiliate Disclaimer: These descriptions usually contain affiliate links. If you decide to purchase a product through one of them, I receive a small commission at no cost to you. I never endorse products that I have not personally used myself or not found to be beneficial in my life.
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