What is DeFi?
Decentralised Finance (DeFi) activities have been at the forefront of technological innovation in the blockchain space. What makes DeFi applications unique? There is no need to set permissions for such applications to be used. Anyone (or any product, such as a smart contract) can interact with it, as long as it is connected to the Internet and has a supported wallet. In addition, DeFi applications usually do not need to trust any custodians or intermediaries. In other words, they are decentralised applications.
Is there any risk in liquidity mining?
The only risk is the devaluation of the virtual currency, but we use USDT, a virtual currency that pegs cryptocurrencies to the fiat currency, the US dollar. TEDA is the stablecoin.
Advantages of Defi: "high transparency", "certainty", "decentralisation", "safety and security of funds", all in your own wallet.
Defi calculates the profit of liquid mining: the product rate is once every 6 hours, i.e. 4 times in a 24-hour natural day.
Example.
100USDT-999USDT yield = 0.03% - 0.05%
1000USDT-9999USDT yield = 0.06%-0.09%
10000USDT-19999USDT yield = 0.1%-0.15%
20,000USDT-29999USDT yield = 0.16%-0.2%
30,000USDT and above yield = 0.21%-0.3%
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