Midas.Investments is happy to announce the listing of Synthetix (SNX), Sushiswap (SUSHI), Aave (AAVE), USD Coin (USDC), Dai (DAI) on the platform with interest rate up to 18% APY. Recently we took a new turn to DeFi projects, so this is the final round of listings.
Our goal is to provide the highest and transparent returns for major DeFi tokens and ecosystems. DeFi YAP is coming right after we finish the listing phase.
The Fline and Midas coins will be swapped for the new single Midas token. The swap will be made on the platform automatically. Estimated time for the swap: October. More details soon.
More about newly listed projects
Synthetix is a decentralized finance (DeFi) protocol that provides on-chain exposure to a wide variety of crypto and non-crypto assets. The protocol is based on the Ethereum (ETH) blockchain and offers users access to highly liquid synthetic assets (synths).
SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.
Aave is a decentralized finance protocol that allows people to lend and borrow crypto. Lenders earn interest by depositing digital assets into specially created liquidity pools. Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity.
USD Coin (known by its ticker USDC) is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds.
DAI is an Ethereum-based stablecoin (stable-price cryptocurrency) whose issuance and development is managed by the Maker Protocol and the MakerDAO decentralized autonomous organization.
Midas.Investments – is an ecosystem of intuitive products assisting investors to create long-term passive income streams in growing crypto and DeFi markets.