Yield farming with the most potential BSC network in 2022
Disclaimer: The text below is a publicity article that was not written by Cryptonews.com reporters.
Dapps or decentralized applications have become a buzzword in the crypto world over the past 3 years. For the uninitiated, the term dApp refers to a blockchain-based application that runs on a decentralized network and uses its resources. Decentralized applications normally have no central point of failure, have open source code, and operate with a decentralized consensus mechanism. The downtime of these decentralized applications is also eliminated. They resist interference from individuals, corporations or governments because they have no central authority.
Recently, ROI Dapps have caught the attention of investors. These types of dApps promise a return on investment that the user can withdraw from the smart contract at any time. ROI Dapps are growing in popularity, with the BSCFomo project being one of them.
Presentation of the BSCFomo project
BSCFomo o is a hybrid ROI DApp project that is built on the Binance Smart Chain Network. The developers behind the project chose Binance Smart Chain for its wider audience, lower transaction fees, and mature investors. As ROI Dapps are normally a high-risk investment, choosing Binance Smart Chain will be beneficial for investors.
The main objective of this project is to guarantee investors financial and temporal freedom without the obstacles created by the current economic crisis. By tapping into the cryptocurrency bear market, BSCFomo is well positioned to become one of the most sought after ROI Dapps in the world.
Start of the contract on April 3, 2022
Features of BSCFomo
The BSCfomo ROI dApp has many salient features that make it different from other normal ROI Dapps. These include the following.
- Investors can deposit any amount above 0.05 BNB as there is no capped maximum amount.
- Investors can withdraw the profits without any charges.
- Investors can get up to 200% daily for 1-28 days on its staked BNB token
- If users do not withdraw every day, they will get an additional bonus: the maintenance bonus. It means investors can get more profit.
- The maintenance bonus adds 0.1% per 2 days, the maximum is 1.5%.
- The referral bonus will automatically be sent to the wallet.
- BSCFomo provides a functional calculator that easily allows users to calculate profits.
- Earnings at any time, withdrawal at any time if you use interest capitalization, you can withdraw only after your deposit is finished Investment plans We have two types of tariff plans with different periods and percentages of profitability
How to start investing at BSCFomo?
Before investing in BSCfomo, you will need the Metamask or Trustwallet application. To integrate your Metamask wallet, you need to follow the following steps.
- Open your Metamask browser extension. You can do this by clicking on the upper right corner of the browser.
- To access the settings, click on your account logo located at the top right of the Metamask application.
- After obtaining the list of the various parameters, click on the “network” tab. Then click on the “Add network” button.
- MetaMask will require several pieces of information such as network name, new RPC URL, ChainID, symbol, and block explorer URL. The information you will need to enter to add the Binance Smart Chain is provided on the official website.
- After entering the network details, all you need to do is connect the MetaMask wallet. To do this, click on the current network and then on Binance Smart Chain Mainnet.
Getting started with BSCFomo is as simple and straightforward as it gets. Users should start by visiting https://bscfomo.app/ and perform the following steps.
- First, you need to decide on the amount of funds you want to invest. To do this, keep an eye on the current value of all the tokens involved.
- After deciding on the amount, check if the amount is sufficient for your investment which includes gas charges.
- Investors are advised to use the profit calculator provided by BSCFomo. The profit calculator gives an almost accurate idea of the return on investment you will receive at the end of the term.
- Finally, when the funds are ready, click on the “invest” button on the website to begin the deposit process.
- With just one click, you will become a proud BSCFomo investor.
DApps are completely free from any single authority by implementing the principle of smart contracts. P2P systems like these ensure that decentralized systems continue to operate even if significant parts of the network go down. ROI dApps like FantomFomo are positioned to maximize the returns investors get. This new generation of ROI dApps is inspiring a new class of crypto enthusiasts and investors to expand the network