Dubai, UAE, 2nd Nov 2021, ZEXPRWIRE, As the crypto world keeps growing, new platforms that provide different services continue to emerge. But according to research, people prefer to consolidate services for simplicity rather than having too many platforms to achieve their goal of growing funds in the crypto world. SMD COIN, as an innovative integrated platform, offers a unique ecosystem for its users by underpinning all the essential components together, making it extremely simple to use.
What is SMD COIN
SMD COIN is the world’s first integrated platform that provides coins staking, yield farming, self-holding and so on. It offers decentralized farming services, personalized financial solutions, and a variety of interest models and earning opportunities to its customers.
Instead of OG mining, SMD COIN integrated the new staking mechanism. Staking has become increasingly popular in recent years, it allows users to make passive income with low entry. Unlike mining, there are no significant overhead or electricity costs in staking, it is risk-free, inexpensive, environmentally friendly and easy to operate.
SMD COIN also provides yield farming, it’s a method of generating more cryptocurrency with user’s existing cryptocurrency, which entails participants lending their money to others using the smart contracts. In exchange of participants’ services, they will be compensated in the form of cryptocurrency. This innovative application of DeFi has recently skyrocketed in popularity as a result of further innovations such as liquidity mining. It generates higher returns than some traditional fixed income options, but comes with its own set of risks and volatility.
SMD COIN offers a secured online platform for staking pools and decentralized farming, users of it can maximize their SMD reward by earning the highest rewards in yield farming. As the SMD COIN will be listed on LBank Exchange at 21:00 (UTC+8) on November 3, 2021, users can easily buy and sell SMD COIN on LBank Exchange by then.
Features of SMD COIN
SMD COIN has everything that users need in one place. Users can buy, swap and hold their coins, while keeping their coins safe by using a secure wallet. The features of SMD COIN are as follows:
Multi Chain Market – MultiChain is an open-source blockchain platform designed for developing and deploying private blockchain applications that operate within or between organizations. Multi-Chain Market supports BSC, with more Chains to be added in the future.
Risk Control Management – SMD COIN’s expert team has included a number of sophisticated safeguards to prevent the theft of money or information and provide risk control management. It has defined a set of risk management rules to avoid contract and market failure.
Aggregation Earnings – As a strong hub among DeFi protocols, SMD vault ensures maximum liquidity and maximizes aggregation earnings while increasing capital use.
A bright future ahead
SMD COIN will launch its own exchange in the near future, with an NFT program planned to launch on it. Furthermore, the listing of SMD COIN on trading platforms like LBank Exchange will undoubtedly help it expand its business and draw more attention in the market. SMD COIN is on its way to becoming a leading staking service provider for blockchain projects, with infrastructure built with maximum security and performance at the forefront. As the world’s first integrated platform for coins staking, yield farming, self-holding and so on, SMD COIN may still have a long way to go, but with a bright future ahead.
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 50 countries around the world.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Rainier Watchdog journalist was involved in the writing and production of this article.