When will the proceeds of the fish pond be credited (how much money can the fish pond earn in a year)?
When will the proceeds of the fish pond be credited? The proceeds of the fish p
When will the proceeds of thebe credited? The proceeds of the fish pond are calculated based on the total assets and computing power of users engaged in mining.
Thefrom the fish pond is composed of transaction fee income and locked LPToken, which are distributed proportionally to each address. A portion of it is paid by liquidity providers.
If there are more than 100 ETH locked in a wallet, the wallet will receive the corresponding amount as a reward in the form of mined tokens. However, when you need to use this funds, you must send the ETH to your account first before you can withdraw it.
How much money can the fish pond earn in a year?
Editor’s note: This article is from Xiaozha Talk (ID: xiaonazha88), authorized by Odaily Planet Daily for reprinting.
Today, let’s talk about the income from the fish pond project, which we consider a very good source of revenue. Do you know how much the annualized return of the fish pond can reach?
If we calculate based on one Bitcoin, how much money can be earned in a year? Let’s discuss this with everyone in this article.
What is Fish Pond?Fish Pond is a decentralized exchange or trading platform that allows users to store digital assets in a decentralized environment and invest in their own digital tokens through a secure and fast method of obtaining liquidity.
Fish Pond is a server that specializes in managing various types of crypto assets and data points of blockchain projects or applications. It allows miners to mine at the most favorable prices. Fish Pond supports the following functions:
1. Providing a trading platform with liquidity.
2. Allowing users’ funds to be transferred directly from exchanges to wallet addresses.
3. Providing investment targets for purchasing/selling specified tokens. The main feature of Fish Pond is that it provides an automated trading process without intermediaries. It is a decentralized exchange and automated market maker. Currently, more than 200 listed companies have joined it. However, as more and more people enter this industry, some companies are actively seeking to cooperate with it. For example, Facebook has launched its own cryptocurrency, Libra.
Therefore, Fish Pond is like a financial system that will become a necessity in people’s lives. However, its existence may also prevent others from using this technology for payments because many people do not know how to participate in this system. Therefore, you need to have an account to deposit Bitcoin. What are the benefits of doing this? It allows users to trade BTC, USDT, and other mainstream currencies on these exchanges and buy/sell on them. Additionally, because the cost of on-chain transactions is high, it is difficult for ordinary investors to invest all their assets in cryptocurrency. Another flaw is that many exchanges are unwilling to provide such high prices and can only accept low-price orders instead of high fees. So you can obtain stable profits in fiat currency and convert it into cash.
According to Li Xiaolai, the founder of Fish Pond, the sources of income generated by Fish Pond daily are as follows: 1. Fish Pond generates approximately $200,000 in daily income, mainly used for network maintenance. 2. Fish Pond produces a total of approximately 10 million ETH daily, accounting for 2% of the total supply. 3. In addition to transaction fees, 10% of the rewards are also allocated to developers annually. 4. In addition, weekly rewards will be released after the main network is launched. 5. 20% to 30% additional rewards are distributed to community members each month.
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