There are different modalities to invest in if you start your journey in the cryptocurrency area. Yet, even though investing has become common these days, the process can be more difficult if you don’t know where to start.
However, you may get significant benefits if you are part of a community where you can learn information and strategies.
WEWE Global is a community in continuous growth, with many services offered by the market and providers.
Within the platform, staking, minting, and yield farming are just a few of the opportunities you can experience on WEWE Global.
All you have to do to gain an edge from all the advantages of WEWE Global is to become part of the community, share the platform with your friends, and create your team.
Finally, you can receive rewards by sharing the products and helping to develop the ecosystem.
Why staking, minting, and Yield Farming?
Yield farming allows users to earn passive income by depositing crypto into a liquidity pool. Staking refers to pledging the crypto assets as collateral for blockchain networks that use the PoS (Proof of Stake) consensus algorithm. Liquidity mining focuses on providing liquidity to the DeFi protocol. Both staking and yield farming have their specific benefits and drawbacks.
Their advantages?
Yield farming is risky but provides short-term returns. Staking, on the other hand, is much more suited for beginners. It’s easy to understand and doesn’t require a significant initial investment.
Minting provides a source of income for crypto users who record and validate transactions. Minting NFTs also allows artists and creators to mint their work for on-chain storage and trading.
WEWE Global platform & its services
Staking
Staking is the practice of locking a given quantity of cryptocurrency for a certain period of time in exchange for a significant percentage-rate return based on the length of the specified lock period.
The blockchain will use the staked tokens to verify transactions and add new blocks to the network. This technology also improves the blockchain’s security and efficiency, allowing it to handle transactions faster and more securely.
Yield Farming
Tokens are locked in a yield-farming scheme, and the user will receive extra tokens depending on interest, generally after a year. It all comes down to providing liquidity to Defi platforms.
Users can earn from a multitude of variables using this strategy, including transaction fees, token incentives, interest, and price appreciation.
There are numerous pools on WEWE where users may join with different currencies and get monthly payouts.
Cloud Minting
Minting is a mining type in which new currencies or tokens are generated by authenticating data, logging information, and adding new blocks to the network. Minting is also the process through which fresh tokens are extracted from the overall supply and added to the circulating supply. Furthermore, this method ensures the blockchain’s safety and security.
With the Cloud Minting Program, WEWE Global takes this service to the next level.
Users can mint tokens without purchasing, owning, or managing minting hardware. This is due to the minting hardware being placed at a distant location and being triggered after the user purchases the program. The user is also given the machine’s current location and status. WEWE members just select a program, purchase it, and receive incentives for 900 days.
More from WEWE Global
WEWE Global places great emphasis on community. Why? Because community means development and new ideas and desires. WEWE Global’s services are built around this idea of constant growth.
The framework within which WEWE Global was built refers to offering its community members unique services in the market, where the community and all its users are the decision-makers in the evolution of the project itself.
WEWE Global has its virtual token, a symbol of value, and above all, it is the fee-currency of the ecosystem.
Also, WEWE Global is a DAO – Decentralized Autonomous Organization. A community of stakeholders operates the DAO, and the rules are defined by voting. All users can contribute to the decision-making processes of the project’s development through a voting system.
Keep updated
If you are also excited about technology and the rapid evolution of crypto services, being part of a community like WEWE Global is a promising start.
WEWE Global’s priorities are to provide the community with a rich ecosystem of services, futures, and benefits that can be shared. Look at the official WEWE Global website, where you can find more information about their services and get acquainted with their social media community on Twitter, Telegram, or YouTube.
The post Improve your Investing Experience with WEWE Global appeared first on Blockonomi.
July 21, 2022 at 06:11AM https://blockonomi.com from Blockonomi https://ift.tt/2zRYj8U
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