What Is Decentralized Finance (DeFi) and How Does WCMiner-DEFi Work

November 14 17:56 2022

What Is Decentralized Finance (DeFi)?

Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies.

In the U.S., the Federal Reserve and Securities and Exchange Commission (SEC) define the rules for centralized financial institutions like banks and brokerages, which consumers rely on to access capital and financial services directly. DeFi challenges this centralized financial system by empowering individuals with peer-to-peer digital exchanges.

DeFi eliminates the fees that banks and other financial companies charge for using their services. Individuals hold money in a secure digital wallet, can transfer funds in minutes, and anyone with an internet connection can use DeFi.

Decentralized Finance

Decentralized finance eliminates intermediaries by allowing people, merchants, and businesses to conduct financial transactions through emerging technology. Through peer-to-peer financial networks, DeFi uses security protocols, connectivity, software, and hardware advancements.

Wherever there is an internet connection, individuals can lend, trade, and borrow using software that records and verifies financial actions in distributed financial databases. A distributed database is accessible across various locations as it collects and aggregates data from all users and uses a consensus mechanism to verify it.

Wolf of Crypto Miner, or WC Miner for short is a revolutionary High-Risk High-Reward ROI Mining Dapp with some online gaming elements based on the incredible BSC BEP20. The owners of this project were sick of all of the unreasonably high and completely unsustainable ROI’s promised by some of the other projects in the Defi Degen space. They were also fed up with all of the rug-pulls and the scams that have happened to them as investors. They decided to develop their own Dapp and enter the space themselves! The Team behind WC Miner has created a new project that provides its investors with a more enjoyable, and much more sustainable ROI Dapp experience.

WCMiner Project delivers upto 8.5% daily interest. WC Miner has been successfully earning its investors daily ROI for over 28 days at the time of writing. The Contract balance has actually been INCREASING as we have been writing this article, and the contract balance is 405000 BUSD (~ 400K USD) in the last week! For a project that is well over 28 days, this is an impressive feat — as the large majority of projects this old have had their TVL’s go into the dumps. WCMiner has 500+ strong investor community.

They are active on Discord, Telegram and Twitter and you can find links to all of those on their website – WCMiner-BUSD – https://busd.wcminer.com?ref=0x02d17fdfda84ead75dcf8c9a9a98d8f0f911d155

There is an earnings calculator on the site so you can work out what you need to invest to hit your income goals. Below we calculated that if we invest $250 for 55 days we would make a return of $1051.

About the WCMiner:

The team was actually formed by a mutual frustration over the amount of rugpulls in the defi space. They were sharing their disappointments over losing funds to unscrupulous devs and then they decided to do something about it. WC Miner has a clear vision for what they want to do: the next step for them is to create an investment portfolio outside the protocol with the goal of making their Defi projects self-sustainable for years to come.

Media Contact
Company Name: WC Miner
Contact Person: PremCrypto
Email: Send Email
Phone: +91 89998801248
City: Ahmedabad
Country: India
Website: https://busd.wcminer.com/?ref=0x02d17fdfda84ead75dcf8c9a9a98d8f0f911d155