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Hyper Finance

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News

Latvia Implements New Crypto Tax Legislation

Latvia has passed a new law changing the taxation of crypto investment account gains, focusing on withdrawals rather than individual trades.
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Son Min-ho

Significant Bitcoin Transfer from 2013 Wallet Sparks Market Speculation

An early Bitcoin holder has moved approximately 41,145 BTC from a dormant wallet, raising concerns and interest among traders.
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Ayman Ben Youssef

Cysic Halts Crosschain Bridge Following Token Creation Incident

Cysic has suspended its crosschain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum.
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Tando Nkube

What is Hyper Finance?

Hyper Finance (HyFi.pro) — a decentralized aggregate mining platform, based on the Binance smart chain.

Contents:

Hyper Finance

About Hyper Finance

Hyper Finance strictly selects the safest and most profitable mining projects for users. With best-in-class proprietary strategies, it automatically calculates mining profitability and brings users the best APY‌. The project is mining on Venus, PancakeSwap, Belt, Ellipsis and others. $ HYFI, the Hyper Finance platform incentive token, goes to mining users as a reward. Vault pool revenue is the main token. The number of deposited tokens will automatically increase and the increased tokens will also be automatically reinvested.

If you deposit multiple BNBs into storage and put fBNBs in the bet pool, your total rewards will look like this:

BNB 26,62%.
HYFI 103,38%.
Total 130,00%.

Use the Trust Wallet to interact with the project. When you go to dAPP in the upper right corner, you see the various available blockchains, click on it and select the Binance Smart Chain Mainnet.

The exchange rate between Token and fToken is not 1:1. fToken is a warrant for a mortgage share: each fToken has a Net Unit Value (NAV per share). The seed is 1.0 and it updates over time.Hyper Finance

If the NAV per share is 1.05 (i.e. BNB storage has increased by 5%), you can deposit 100 BNB to get: 100 BNB / 1.05 = 95.288 FBNB. When you withdraw fBNB from the bet pool, the 95,288 fBNB will be exchanged in full for 100 BNB plus BNB profit.

Additional data

At the moment, White Paper and RoadMap are not available on the site. The developers provide a separate document where you will find terms of use, general information and answers to questions.

If you want to stay up to date with all innovations, subscribe to the community on these social networks:

The smart contract has not been audited. Smart contract audit can be checked here.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.