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LendMi

Total Users
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Rewards
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chest
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Volume
The fiat value of incoming dapp transactions over a period of time
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Contract Balance
The total fiat value of assets in a dapp's smart contracts
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Blockchain
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News

Germany's Sparkassen Group Begins Cryptocurrency Trading Rollout

Germany's Sparkassen savings bank group is starting a phased rollout of cryptocurrency trading within its existing banking app, beginning on October 19, 2023.
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Gustavo Mendoza

CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19

CME Group has scheduled the introduction of Bitcoin Cash and Uniswap futures for October 19, providing institutional traders with more cryptocurrency markets.
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Rajesh Kumar

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.
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Miguel Rodriguez

What is LendMi?

LendMi — a lending platform for the FILCOIN ecosystem. It connects the mining circle and the DEFI circle of currencies to generate higher foreign exchange returns for investors.

Contents:

LendMi

Description of the LendMi project

LendMi attracts Fil through decentralized lending, lends Fil to mining nodes and distributes rewards to investors. Due to the stable production volume, investors can be guaranteed a fixed income. On the other hand, to ensure the validity of the pledged node assets, the community will select large nodes (high value) and require the nodes to pawn the private key of the node in order to maintain control over the node (control rights can be verified by the miner's signature).

LendMi supports HECO and BSC, and will support ETH, OKChain and other ecosystems in the future.LendMi

The platform management rights will also take the form of DAO governance. In this lending platform, the investor is the FIL holder and the lender is the mining pool / node.

Features of use for the investor:

1 The FIL investor places the FIL (HFIL) into the smart contract via the wallet and starts accruing interest immediately.
2 When making a deposit, investors can choose between “current deposit” or “fixed deposit”. Demand deposits can be made or withdrawn at any time, and fixed deposits can be highly profitable.
3 The user can withdraw the income, received from the smart contract at any time.

After passing the assessment, the node must pass the node's secret key to LendMi to ensure that the income, generated by the node, and control of the assets in the node are in the hands of LendMi. The platform that gains control will periodically refund mining rewards to the smart contract so that investors can withdraw their profits at any time.

More about defi app

The principal amount of ongoing projects is deposited and withdrawn at any time, and the amount you wish to withdraw can be flexibly set. The principal of a regular project will be refunded at the end of its validity period. Click the "Withdraw" button and your entire principal amount in the project will be withdrawn immediately. You can get more information through a dedicated introductory document. It contains a description of the site, features of work and rules of use.

From social networks, the community leads:

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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.