What is BUSDMatrix and Why is Everyone So Hyped Up About It?
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
There is a veritable gold rush currently going on in the Defi space. A rush that has seen some early participants earning lucrative returns on their crypto. These are not miners, founders, investors, or traders; they are yield farmers to be precise – people who have found the most lucrative lending and borrowing opportunities to generate an excess of 100% yield. The question is, though, is it all tapped out, and are you too late to the party?
Well, not at all. Yield farming is still a pretty new concept. But many crypto enthusiasts are already all in. So, whether you are a seasoned yield farmer who wants to throw their entire stack into the newest yield farm or you’re more conservative but want to find the bigger and better farms before everyone else, this guide is for you.
Today, we will talk about BUSDMatrix, a new yield farming dapp. We will tell you what it is and why everyone is so hyped up about it. Let’s dive in!
What is Yield Farming?
First of all, what is yield farming? Yield farming is the act of holding funds and smart contracts that provide high returns and high percentage yields on what’s invested. It is allocating crypto to lending, borrowing, and liquidity pool opportunities, and using interoperable protocols to enhance that yield. These annual percentage yields or APY values have been staggering – to say the least. Yield farmers have generated 100% plus yields in a short period.
Defi (short for decentralized finance) has opened up a whole range of opportunities for people like me and you to actively participate. Unlike centralized finance in the Defi space, users interact with each other through smart contracts.
There has been a mad rush to build Defi applications that can replicate many of the same services available through traditional finance. These include lending, borrowing, portfolio management, trading, and a whole host of other functions. Such Defi services are provided through decentralized apps (daps) that run on peer-to-peer or blockchain networks. BUSDMatrix.io is the newest dapp in the Defi space for BUSD yield farming that promises triple-digit ROI.
What is BUSDMatrix?
If you have been a yield farmer for some time, you might be wondering how do I find new yield farms before everyone else? Well, after all, the earlier you are, the greater likelihood you have of generating higher rewards. This is why you need to know about BUSDMatrix.
BUSDMatrix is a smart contract on Binance Smart Chain (BSC) for BUSD yield farming. It offers a high return on investment (ROI) of 7.8% to 17% on daily investments of a minimum of 5 BUSD (for 7 days to 30 days).
Why Choose BUSDMatrix?
Here are a few reasons why BUSDMatrix is all the hype these days:
BUSDMatrix is a dapp by BNBMatrix. BNBMatrix is a successful yield farming dapp with over 20,000 BNB in deposits. In just 3 weeks of its launch, BNBMatrix has made a name in the Defi space. Now, BUSDMatrix is all set to raise the bar even higher.
2. High Yield Percentage
BUSDMatrix is the only dapp in the Defi space that promises stable and safe high ROI of 119% to 234% on BUSD yield farming.
3. Supports Multiple Wallets
BUSDMatrix supports 64 decentralized wallets on mobile browsers, and 4 wallets on desktop browsers.
4. Safety and Security
BUSDMatrix offers maximum safety to the users. The platform has been audited by Haze Crypto. The report concluded that BUSDMatrix is 100% safe from any backdoors and vulnerabilities.
5. Referral Program
BUSDMatrix offers a 5-tier referral program for extra rewards. After investing, the users receive a referral link to share with friends. They can earn a percentage of the referral's deposit amount added to their profits.
6. Customer Support
BUSDMatrix has a 24/7 customer support staff to assist users with any queries and concerns.