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In the Bit Loop, participants are not only rewarded with their own circulating funds, but also receive additional sharing rewards by building a multi-level network of referrals. This structure encourages users to increase their money flow and recruit new members to join the platform, thus forming a mutually beneficial ecosystem. The following is a detailed analysis of the sharing reward mechanism in Bit Loop:

Sharing reward mechanism Base reward When you circulate 100 USDT, you can get 20% of the revenue for each circulation of 1 generation of friends as a bonus. Incremental reward When your circulation amount increases to 200 USDT, you will be able to earn 10% from each circulation of 2 generations of friends. When the circulation amount reaches 300 USDT to 700 USDT, you can get 5% of the revenue from each circulation of 3 to 7 generations of friends. Intermediate reward When the circulation amount is 800 USDT to 1000 USDT, you will get 3% from each circulation of 8 to 10 generations of friends. Extended reward When the amount of circulation is between 900 USDT and 1700 USDT, you will be able to earn 1% of each circulation of your friends from 9 to 17 generations.

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[bitnest112]

The BitNest platform can be monetized in a variety of ways, most of which rely on blockchain technology and decentralized financial services (DeFi). Here are some of the main monetization models that BitNest could adopt:

Transaction Fees: Platforms can take a percentage of each transaction, which is a common source of revenue for most blockchain platforms. This includes exchange, trading and other financial operations. Loan Interest: When BitNest provides loan services, interest can be charged through a pledge or loan operation. Users pledge their digital assets in exchange for loans, from which the platform earns an interest margin. Service charge: For certain services such as underwriting services, investment advisors, etc., the Platform may charge a service fee. These services provide additional value, so users are willing to pay for them. Node sales and management fees: Profit is made by selling participating interests or management fees of network nodes. These nodes participate in the maintenance of the network, ensuring its security and efficiency. Cooperation and Contracts: Generate revenue through partnerships with other business entities, such as brand partnerships, advertising, data services, etc. Governance and voting: By providing governance rights to Mellion Coin holders, the BitNest platform can facilitate greater user engagement and network utility, indirectly driving the adoption of the platform and its economic value. Token appreciation: The increase in value in the market of platform-issued native tokens, such as Mellion Coin, may also be profitable for the platform, especially when tokens are used to pay fees, earn rewards, or serve as a medium for governance rights. Initial coin Offering (ICO) or token sale: Raise funds through an initial token offering or other form of token sale. This will not only provide start-up capital for the platform, but also provide financial support for continued development and expansion in the future.

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[bitnest112]

BitNest is an innovative decentralized finance (DeFi) platform based on Ethereum blockchain technology that focuses on creating a transparent, accessible, and inclusive financial ecosystem. Through a series of decentralized applications (DApps), BitNest aims to eliminate intermediaries in traditional financial services and directly facilitate peer-to-peer economic interactions. This platform provides a variety of functions, such as lending, savings and credit collateral, all implemented under a decentralized framework, ensuring the security and immutability of transactions.

BitNest’s main products include:

BitNest Loop: A decentralized lending protocol that enhances liquidity and capital efficiency in the ecosystem. BitNest Savings: Allows users to earn interest on their digital assets, similar to traditional savings accounts. BitNest Lending: provides crypto-asset-backed lending services without the need for a traditional credit score. BitNest DAO: A decentralized autonomous organization that gives Mellion Coin holders voting rights and participation in the platform’s governance and decision-making process. By combining advanced blockchain technology with a user-friendly interface, BitNest ensures that its financial instruments are accessible to users worldwide, driving the democratization of financial services and reducing reliance on traditional banks. Its vision is to achieve global financial inclusion and empowerment by transferring financial control from centralized institutions to users through innovation in financial technology.

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[bitnest112]

BitNest

BitNest is an Ethereum-based decentralized finance (DeFi) platform focused on building a transparent, accessible and inclusive digital financial ecosystem. It uses blockchain technology to enable secure and reliable financial services to meet the needs of users and institutions around the world in terms of money circulation, borrowing and saving. Through a series of decentralized applications (DApps), BitNest aims to remove the intermediary role of the traditional financial system and directly enable peer-to-peer economic interaction.

The platform offers a variety of financial instruments and services:

BitNest Loop: A decentralized lending protocol that allows users to lend and borrow cryptocurrencies, thereby increasing liquidity and capital efficiency in the ecosystem. BitNest Savings: Functions like a traditional savings account, where users earn interest on their digital assets, but in a DeFi manner. BitNest Lending: Provides secured loans where users can use their crypto assets as collateral for loans to get credit even in the absence of a traditional credit score. BitNest DAO: a decentralized, autonomous organization that allows Mellion Coin holders to participate in the platform’s decision-making process through a democratic voting system. BitNest’s core vision is to create a decentralized financial ecosystem through blockchain technology to make financial services more transparent, accessible and inclusive, thereby driving financial inclusion and empowerment around the world. Such a setup not only reduces the need to rely on traditional banks, but also increases the freedom and security for users to conduct financial transactions on a global scale.

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[bitnest112]

In the current rapidly evolving digital currency market, decentralized finance (DeFi) platforms are redefining the shape of financial services with their unique advantages. Bit Loop, as a leading decentralized lending platform, not only provides a safe and transparent lending environment, but also opens up new passive income channels for users through its innovative sharing reward system.

Personal links and permanent ties: Create a stable revenue stream One of the core parts of Bit Loop is its recommendation system, which allows any user to generate a unique sharing link when they join the platform. This link is not only a “key” for users to join the Bit Loop, but also a tool for them to establish an offline network. It is worth noting that offline partners who join through this link are permanently tied to the recommender, ensuring that the sharer can continue to receive rewards from the offline partner’s activities.

Unalterable referral relationships: Ensure fairness and transparency A significant advantage of blockchain technology is the immutability of its data. In Bit Loop, this means that once a referral link and live partnership is established, the relationship is fixed and cannot be changed. This design not only protects the interests of recommenders, but also brings a stable user base and activity to the platform, while ensuring the fairness and transparency of transactions.

Automatically distribute rewards: Simplify the revenue process Another highlight of the Bit Loop platform is the ability for smart contracts to automatically distribute rewards. When the partner completes the circulation cycle, such as investment returns or loan payments, the smart contract automatically calculates and sends the corresponding percentage of rewards directly to the recommender’s wallet. This automatic reward distribution mechanism not only simplifies the process of receiving benefits, but also greatly improves the efficiency of capital circulation.

Privacy protection and security: A security barrier for funds All transactions and money flows are carried out on the blockchain, guaranteeing transparency and traceability of every operation. In addition, the use of smart contracts significantly reduces the risk of fraud and misoperation, providing a solid security barrier for user funds. Users can confidently invest and promote boldly, and enjoy the various conveniences brought by decentralized finance.

conclusion As decentralized finance continues to evolve, Bit Loop offers a new economic model through its unique recommendation system that enables users to enjoy highly secure and transparent financial services while also earning passive income by building and maintaining a personal network. Whether for investors seeking stable passive income or innovators looking to explore new financial possibilities through blockchain technology, Bit Loop provides a platform not to be missed.

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