alyssa147

[alyssa147]

Liquidity mining is a way to earn more digital currency by holding it. It lends my money to others through a magical computer program called smart contracts. In return for my services, I will earn fees in the form of digital currency

However, there are two types of liquid mining: pledged mining and unpledged mining

They mean different things. Pledge mining requires collateral for my digital currency, and non-pledge mining does not require collateral for my digital currency

It's essentially the same as a bank, but the benefits are different, it's more convenient than a bank, if you make a large transfer in a bank, you might have to go through some trouble to do that, but in a digital wallet no matter how big a transfer I make, I'm not hindered because digital wallets are decentralized

Just like the bank, there is no threshold, but the minimum deposit is $200, because when you dig the mine, the miners will charge you 0.004 ETH, which is about $12

I only do unsecured mining because I use a digital wallet as my bank account and I use it because of its speed. If I use pledge mining, I don't think my funds can be transferred at any time, but if I do pledge free mining, my digital currency is stuck in my wallet balance and I can call it at any time. The Defi project implements a mining mechanism called "smart contract". It's not particularly high, but it's certainly much higher than banks.

[alyssa147]

Liquidity mining is a way to earn more digital currency by holding it. It lends my money to others through a magical computer program called smart contracts. In return for my services, I will earn fees in the form of digital currency

However, there are two types of liquid mining: pledged mining and unpledged mining

They mean different things. Pledge mining requires collateral for my digital currency, and non-pledge mining does not require collateral for my digital currency

It's essentially the same as a bank, but the benefits are different, it's more convenient than a bank, if you make a large transfer in a bank, you might have to go through some trouble to do that, but in a digital wallet no matter how big a transfer I make, I'm not hindered because digital wallets are decentralized

Just like the bank, there is no threshold, but the minimum deposit is $200, because when you dig the mine, the miners will charge you 0.004 ETH, which is about $12

I only do unsecured mining because I use a digital wallet as my bank account and I use it because of its speed. If I use pledge mining, I don't think my funds can be transferred at any time, but if I do pledge free mining, my digital currency is stuck in my wallet balance and I can call it at any time. The Defi project implements a mining mechanism called "smart contract". It's not particularly high, but it's certainly much higher than banks.