Cylum.Finance — A DeFi 3.0-based Sustainable Auto-Staking, Compounding, and Burning Protocol.
Decentralized finance, frequently known as DeFi, is a element of Web3.0 that’s making huge swells and gaining traction in the Blockchain space. It includes carrying out real- world fiscal deals on the blockchain without the backing of banks or governments. Meanwhile, numerous large businesses and adventure capital enterprises are pouring plutocrat into Web3.0, and it’s delicate to imagine that their involvement won’t affect in some type of centralized control. Decentralized finance( DeFi), as the name implies, strives to exclude the need for a central authority structure in the fiscal sector. It has been described as one of the most promising corridor of the world’s fiscal business. DeFi has developed, giving way to DeFi3.0, a rookie decentralized fiscal system centered on education, worldwide acceptance, translucency, and development, by introducing a broad range of unique generalities gauging from advancing to borrowing, staking, and husbandry. Cylum Finance has arrived.
What Is Cylum.Finance ?
Cylum Finance is unrivaled. Robust auto-staking system has definitely proven to be a sustainable, reputable, and rewarding automation protocol that allows token holders to put their assets to work in a bounce of high-profit investment opportunities, Cylum finance has stood tall to emerge as a DeFi based all-encompassing platform with scopes of core values on the technology of both auto-staking and auto-compounding interest. Cylum Finance has integrated on the framework to use its unique CYM protocol in order to create a sustainable financial asset that compensates users based on a compound interest model.
Cylum Finance has combined the efficiency of automatic staking and automatic compounding abilities and a fixed annual percentage yield (APY) of 395,677 % for the first year, which happens to be the highest in the market, and in order to achieve this decently, the smart contract has been built to award earnings directly to the holder’s balance, meaning holders do not need to stake or manually claim earnings. Recognizing this opportunity, Cylum.Finance put together a professional team of aspiring entrepreneurs and seasoned investors to build an all-encompassing blockchain-based DeFi platform. Because cryptocurrency is intended for widespread adoption, our platform will serve as a one-stop shop for clients looking to earn compound interest on their investments. The Cylum.Finance team had developed a user-friendly system that combined traditional markets with blockchain-based assets.
Features Of Cylum Finance :
- Cylum Cylinder — The Cylum Cylinder acts as a wallet in the form of a cold storage, storing a specific quantity of BNB. This cylinder acts as the hub, preventing price declines caused by holders selling pressure in an attempt to keep the token’s price stable. First and foremost, Cylum Cylinder significantly safeguards investors’ assets in the event of a flash crash through price stability; secondly, it provides a better assurance of long-term sustainability and potential development to the Cylum protocol.
- The Staking — Auto Given that auto-staking is a simple yet technical procedure that serves as a basis of this platform with a scope of BUY — HOLD — EARN, this feature has generated a clear simplicity of use for $CYM holders. There is no doubt that the buy — hold — earn function works in such a way that by purchasing this asset and storing the $CYM tokens in your wallet, the holder will undoubtedly earn a form of steady rewards directly to their wallets, and this rewards will be added every minute, increasing the value of the $CYM token. It is critical to note that Cylum triggers the payment of token distribution of the total amount of $CYM tokens in your wallet every minute using the compound interest calculation.
- Auto — Compounding — The auto — compounding function works in conjunction with auto staking, which means that Cylum token holders will earn an annual compound interest of 395667 percent in the first staking year without withdrawing their tokens from their wallet, with the compound interest rate decreasing after the first 12 months.
- Auto Burn Mechanism — This effect highlights a deduction / reduction out of the total tokens in circulation and is simply referred to as a deflationary effect, Cylum protocol run as a revolutionary algorithms which will undoubtedly burn a total of 2% at the launch and this percentage burn is just the start of the entire auto burning process. This auto burning process just decreases the circulation supply while raising your holdings; nevertheless, this hyper burn program was originally launched on the framework to generate token scarcity, hence enhancing the token’s value.
The Competitive Advantage of Cylum Finance Over Rivals :
The Cylum finance core team believes that typical investors who put their time and money in the field of DeFi will undoubtedly prosper, which is part of the DeFi 3.0 Protocol. The Cylum Finance team has integrated the Libero and Titano contraption with the statements for investors to continue growing their holdings regardless of how high or low the market can be while trusting in the ecosystem and attempting to build a sustainable, automated staking, compounding, and burn protocol. Fine Below is Cylum Finance’s competitive advantage, which distinguishes it from other competitors in the industry.
Cylum Token :
Cylum is the platform’s native utility currency, on which the platform is based. This token is a BEP20 token, making it the first AutoStaking, AutoCompouning, and Autoburn token supported by the Defi 3.0 multichain protocol. Because $Cylum is a hyper-deflationary token with several utility, it was hard-capped at 5 billion and 2% burnt at launch. Investors who HODL $CYM can earn up to 395,677 % every year.
- Token Contract Address: 0x15Ea6B8481bF1C991aC3dC8e67279d31651a56FE
Cylum Finance Team :
The Cylum Finance Team is made up of DeFi and Blockchain professionals whose goal is to incorporate an exceptional value of Staking into blockchain technology. To begin with, the team’s priority is the long-term development of Cylum Finance as an outstanding compounding interest-based project; these experts have extensive knowledge of, auto Staking, compounding interest, and DeFi in their field of expertise, and the core team is drawn from an exceptional & multinational & traditional financial securities industry. These individuals have extensive expertise in traditional blockchain-based transactions, cutting-edge crypto asset trading platform research and development, and worldwide market operations.
In Conclusion :
There is no doubt that Cylum Finance has all-encompassing features that attract a large number of large investors, ranging from the lowest level of risk with the cylinder insurance fund, interest paid every minute, automatic staking and compounding in your wallet, automatic burn reducing total supply, and the highest fixed APY of approximately 395,677 %. All of this has provided convincing evidence that the Cylum Finance initiative is second to none, with an advanced competitive edge based on ongoing redefining staking and compound interest in history. Not only were all of these features remarkable, but so were the advance security on assets staked and the guiding and counseling units available to investors.
More Info :
Website: https://cylum.io
Telegram: https://t.me/cylumfinance
Twitter: https://twitter.com/cylumfinance
Medium: https://cylumfi.medium.com
YouTube: https://www.youtube.com/channel/UC5h7sQkZiqMLBTA0JIFx5wQ
Author
Forum Username : cryptopathum
Froum profile url : https://bitcointalk.org/index.php?action=profile;u=2088829
Telegram username : @pathumbitcoin
BSC Address : 0x88c058389C0eaB00a3516273245C50Ca5141A34e