compound interest

The Launchpad, and compound interest in BINANCE - El Launchpad, y el interés compuesto

By avro | avroiphoneography | 23 Feb 2021


[English - Spanish] Through this famous Exchange, there are strategies with which we can increase our profits, operating with cryptocurrencies and taking advantage of compound interest. At some point in our lives, all of us who, in one way or another, are linked to the world of investment, we will have heard the phrase supposedly said by Albert Einstein, in which he says that, “compound interest is the most powerful force of the universe"

A través de este famoso Exchange, existen estrategias con la que podemos incrementar nuestros beneficios, operando con criptomonedas y aprovechándonos del interés compuesto. En algún momento de nuestra vida, todos los que, de una forma u otra, estamos vinculados al mundo de la inversión, habremos escuchado la frase supuestamente dicha por Albert Einstein, en la que dice que, “el interés compuesto es la fuerza más poderosa del Universo”

Compound interest is our best ally when investing in the long term, since it is basically a cycle, in which the yield that a certain capital produces is added to the initial one, and this in turn, generates a new yield greater than the previous one, and so on. A chain the accumulation of returns, on previous returns.

El interés compuesto, es nuestro mejor aliado al invertir a largo plazo, ya que básicamente se trata de un ciclo, en el que el rendimiento que nos produce un determinado capital, se suma al inicial, y este a su vez, genera un nuevo rendimiento mayor que el anterior, y así sucesivamente. Una cadena la acumulación de rendimientos, sobre rendimientos anteriores.

Now, my strategy in BINANCE to increase the amount of BNB through compound interest, is through the Launchpad. If you do not know it, the Launchpad is the platform that this Exchange uses, for the launch of new tokens, with quite high returns. In general, just by staking BNB, BUSD or DOT, in each of these launches, we will be obtaining new tokens, which will vary according to the existing offer each month. The periods of said farming have a duration of 30 days. The benefits obtained cannot be claimed until the new token is listed in BINANCE, which usually happens, after the first 7 days. From this moment, and taking advantage of the increase in the value of the new token by being listed in BINANCE, I claim my first rewards, and I directly convert them into BNB. Since the system allows you to increase the stake amount at any time (with a minimum of 0.1 BNB) these new BNBs obtained, I add them to the initial stake, with which, the next claim for rewards will be higher than the initial one. Gradually I repeat this process over and over again until the end of each farming, and starting new ones.

Ahora bien, mi estrategia en BINANCE para incrementar la cantidad de BNB mediante el interés compuesto, es a través del Launchpad. Si no lo conocéis, el Launchpad es la plataforma que utiliza este Exchange, para el lanzamiento de nuevos tokens, con rentabilidades bastantes altas. Por lo general, con solo hacer stake de BNB, BUSD o DOT, en cada uno de estos lanzamientos, estaremos obteniendo nuevos tokens, que irán variando según la oferta existente en cada mes. Los periodos de dicho farming, tienen una duración de 30 días. Los beneficios obtenidos no se pueden reclamar, hasta que el nuevo token sea listado en BINANCE, lo que suele ocurrir, después de los 7 primeros días. A partir de este momento, y aprovechando el incremento del valor del nuevo token al ser listado en BINANCE, reclamo mis primeras recompensas, y directamente los convierto en BNB. Dado que el sistema permite incrementar la cantidad en stake en cualquier momento (con un mínimo de 0,1 BNB) estos nuevos BNB obtenidos, los añado al stake inicial, con lo cual, el siguiente reclamo de recompensas será superior al inicial. Paulatinamente voy repitiendo este proceso una y otra vez hasta la finalización de cada farming, e iniciando en nuevos.

In this simple way, I get passive income, gradually increasing my amount of BNB in ​​portfolio, thanks to the magic of compound interest.

De esta forma tan sencilla, consigo ingresos pasivos, incrementando poco a poco mi cantidad de BNB en cartera, gracias a la magia del interés compuesto.

Thank you very much for your time - Muchas gracias por vuestro tiempo.


 

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avro
avro

Architect, passionate about photography with iPhone and discovering the world through it, and a faithful believer in cryptos as well as investing in the stock market


avroiphoneography
avroiphoneography

In this blog you will find my vision of the world through the use of photography and video, made mostly with iPhone. I try to show the uniqueness of each country I visit, through its cities, its architecture, its urban planning, its public transport and its people. Architecture - Photography – iPhoneography - Travel

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