Press ReleaseDEFHOLD Unveils New Products in Time for Christmas

DEFHOLD Unveils New Products in Time for Christmas

 The second-generation DeFi ecosystem, DEFHOLD, revealed plans this week to release some new products in the coming weeks. Specifically, the firm will launch EWF (early withdrawal fee) pools and a Whale Club. The new functionality will help steadfast investors secure more returns and increase the overall liquidity of the platform. Notably, the new pools fall in line with DEFHOLD’s overall goal to promote steady-handed investment strategies within the DeFi ecosystem.

EWF Early Withdrawal Fee Pools

EWFs are one of the newest DeFi protocols making waves in the market. The way an EWF works is simple. When users join a liquidity pool, they agree to lock up their funds for a predetermined time. This locking of funds is what is known as staking. Users receive rewards based on the amount they stake, the type of pool they stake in, and how many coins they stake.

On some platforms, these funds remain fully locked until this time passes. Investors who need to access these funds early must wait until the staking period ends. Crucially, it did not take long to learn that leaving users’ funds inaccessible is a big negative for investors. Consequently, the DeFi market quickly adjusted, and new platforms came with the ability to withdraw funds whenever you needed.

A Balanced Approach

However, this strategy came with a few caveats as well. If you withdraw early, you receive a fee and lose any profits. Critically, platforms that charged no early withdrawal fee saw their liquidity drop when market uncertainty set in. This drop in the liquidity of pools led developers to think of a balance between the two options.

This desire eventually led to the creation of EWF pools. EWF pools are the culmination of months of research and development. Finally, developers determined that penalizing users for early access to their funds only works well when the penalty goes directly to other pool investors. In this way, this new protocol strengthens the pool’s integrity and bolsters profits for participants.

EWF pools give investors more reason not to renege on their commitment. Every time a user does leave the pool prematurely, all other investors earn free crypto. This crypto then makes more profits via the interest-earning pool. In the end, you have a self-feeding profit cycle that benefits those who stood with the original plan.

Whale Club

The Whale Club is a new product catalog designed to meet the needs of investors willing to impact the projects in which they invest. Notably, the new features include the introduction of multiple private vaults allowing investors to collectively invest in projects by getting a buying power like a whale. Each of these vaults feature minimum balance requirements to join, as well as minimum market cap of the underlying assets.

The Whale Club is unique because it allows DeFi investors to influence their returns through their behavior during the investment period, by managing their entry and exit price more accurately given their increased buying power. This strategy allows those that hold the most holdings in a particular project to leverage that positioning to their advantage. In essence, the product functions similarly to being a controlling shareholder of a company, which can turn out to be a great advantage when it comes to price fluctuations. 

DEFHOLD

DEFHOLD continues to see growing adoption due to its unique business strategy. The firm represents the first genuinely non-inflationary staking and farming DeFi protocol to hit the market. Investors have noticed the benefits of DEFHOLD, and these new products are sure to intensify curiosity. For now, DEFHOLD investors have an exciting December ahead of them.

 

 

 

Matthew Leisinghttps://www.newsalarms.com/
I cover market structure for News Alarms, specifically how the bond, derivatives, and cryptocurrency markets work or don't.

Latest news

Solanax is redefining the DeFi sector by solving DEX issues

San Francisco, California, 13 June 2021, ZEXPRWIRE, Solanax, a Solana-based decentralized finance protocol, has launched and is currently conducting...

The Recent Bitcoin Conference Has Cemented Miami As The Crypto Capital And Levolution’s Tokenization Platform Is At Forefront Of It All.

Miami, 9 June 2021– This past weekend, Miami hosted the largest Bitcoin conferences to date, securing its standing as...

Welcome to Binamon: A Gaming Universe of NFT Digital Monsters on BSC

Buenos Aires, Argentina, 13 June 2021, ZEXPRWIRE, Binamon is an NFT and blockchain-backed gaming metaverse where users can enjoy...

RJBL-The most award-winning organization of India providing the best lifting of houses and buildings

Haryana, India, 13 June 2021, ZEXPRWIRE, RJBL, which the government of India authorizes, is providing the best lifting of...

For The First Time Best Minoxidil In India For People Suffering From Hair Loss – Adonsidil Finstrong 2.5X

Mumbai, India, 13 June 2021, ZEXPRWIRE, Hair loss has been a common problem for Indian, especially for the youth....

Congruent Labs, the Next-Generation of Cybersecurity, is Disrupting the Cryptocurrency Industry with their Identity and Access Solution

Canberra, Australia, June 12, 2021, ZEXPRWIRE, Congruent Labs, an Australian-based cybersecurity and identity management company, is working to disrupt...

Must read

How you can use cryptocurrency for your benefit in 2021

Using cryptocurrencies A cryptocurrency or online currency is digital money....

Xiaomi and Mercedes-AMG Petronas present limited Formula 1 e-scooters

So far, e-scooters have not really impressed with their...

You might also like
Recommended to you