Baltic Miners BMI provides a decentralized financial asset that rewards users with a sustainable fixed compound interest model through the use of its unique protocol.
About Baltic Miners BMI
The BalticMiners Automatic Staking Protocol (abbreviated as BMI) is a new financial protocol that makes staking easier and more efficient, and provides $BMI token holders with high stable cryptocurrency returns. BAP gives the BalticMiners token automatic staking and compounding features, as well as the highest fixed APY on the market – 365% for the first 12 months. BalticMiners is a cryptocurrency mining and DeFi innovation company that creates benefits and value for BalticMinertoken holders.
The BAP protocol, used in the BalticMiners token, provides exceptional benefits to $BalticMiners holders:
| Low risk with BalticMiners Insurance Fund (BIF) | 2.5% of all trading commissions are kept in the BalticMiners insurance fund. It helps to maintain staking rewards by maintaining price stability and significantly reducing downside risk. |
| Simple and safe bet | The BalticMiners token always remains in your wallet, so it does not need to be transferred into the hands of third parties or centralized authorities. |
| Interest income with automatic payments | You don't have to worry about having to re-stake your tokens. Interest income is paid automatically and accumulated in your own wallet, ensuring you never miss a payment. |
BalticMiners pays 365% for the first 12 months. After the first 12 months, the interest rate falls over a predetermined period of the long-term interest cycle. One of the interesting features of the BalticMiners protocol - an automatic token burning system, called “The Fire Pit”, which prevents the circulating supply from getting out of hand and being managed. Fire Pit burns 2.5% of all BalticMiners token market sales and is burned in the same single transaction.
It includes the BalticMiners Insurance Fund (BIF), which serves as an insurance fund to achieve price stability and long-term sustainability of the BalticMiners protocol by maintaining a constant rebase rate of 0.14%, paid to all $BalticMiners token holders every 8 hours.
More about defi app
The Treasury plays a very important role in the BalticMiners BAP protocol. It provides three extremely important features for the growth and sustainability of BalticMiners. The Treasury acts as an additional financial support to the BIF. This additional support could become important in the event of a sharp drop in the price of the $BMI token. This helps to set the minimum value of the $BMI token. The treasury can also help to fund new BalticMiners products, services and projects that will expand and add more value to the BalticMiners community, as well as fund marketing.