Cylum Finance: The Fast Auto Compounding and Auto Staking at lts Best

Introduction

Cryptocurrency, which is the most advanced form of digital finance I have come across brought with it a lot of benefit traditional finance never presented in terms of profit making. Cryptocurrency has the capacity to appreciate tremendously by colossal percentages; which demonstrates the speculative aspect of the asset. Again investors can carry out yield farming with their decentralized assets, carry out staking and lending activities to increase the value of their overall assets. But among the features I am most fascinated with the staking activities which pose less risk especially when dealing with stable coins and it also guarantees a steady and defined source of income. With the present economic downturn so many countries are facing, staking in cryptocurrency digital assets presents a sure and steady source of income so many populace of the world have not thought of.?So many exchanges such as Binance and Hotbit to list a few, presents attractive staking plans that make investors flock around them; but a platform that does staking in a unique and appaulling way is Cylum Finance. Cylum Finance differentiates itself from its contemporaries with two distinctive factors. One is the higher yield return it presents and two is the automatic staking feature.

A Review of Cylum Finance

Cylum Finance is a decentralized financial asset carries out auto staking activities and rewards its users with a reliable and fixed co pound-interest. The auto staking protocol makes staking easier and well organized since an investor would not have to log in from time to time to re-stake their digital assets. Again, Cylum Finance presents the highest returns currently in the industry with a whopping 395,577% Annual Percentage Yield in a compounding interest fashion. Cylum also has an insurance Fund of the trading fees go to CYM for the purpose of sustaining and backing the staking rewards by establishing price stability which every investor aspires for. CYM is an insurance fund that aids in achieving price stability and the CYLUM FINANCE Protocol project’s stability by maintaining a constant. r.With CYLUM, you can also easily stake since all you have to do as an investor is to buy hold the token in your wallet and observe the reward grown in a compounding fashion. CYLUM FINANCE opting for a decentralized fashion means no central or governing authority has any control over the asset held in your wallet. The traditional financial banks would never pay this amount and other automatic staking platforms do not offer high percentage yields as Cylum Finance does. Cylum finance disburses remunerations every minute which makes it the greatest passive form of interest I have ever come across.

About Cylum Highest APY Reward

Cylum is a decentralized community-driven DAO platform built on the Binance Smart Chain (BSC) Network. The project is developed to maximize the profit gained by token holders by both supply and treasury growth. Cylum platform is designed to be exceptionally innovative, fast, and offer high-interest rewards to its platform users as possible. Cylum core team has deployed an auto-staking and auto-compounding mechanism with a high fixed Annual Percentage Yield (APY) such as 395,677,% to reward the community and token holders. With the auto-staking mechanism deployed, holders of this platform Token "$Cylum" will receive their staking rewards automatically, once they hold their tokens in a Non-custodial wallet. Besides this, Cylum includes a timer to always track rebase on their staking dashboard. Some percentage of the trading fees on the CYLUM platform is directed to their Insurance Fund, which helps in the sustainability of their rewards model.

Feature of Cylum Finance

The Cylum Finance project is majorly created to provide excellent values and benefits to all $CYM token holders. Below are the basic features that set the project apart from the rest of the DeFi 3.0 project, they include. Token holders to put their assets to work in a plethora of high-profit investment opportunities.

The CYLUM cylinder

The Cylinder is Cylum’s backup reserve or cold storage facility that holds a specific amount of BNB. The idea behind this feature is that it would help manage price declines caused by the expeditious sale of tokens by holders.?

Automatic Token burn

I love this feature because using the simple principle of Economics, excess demand causes price appreciation and excess supply causes price depreciation. The core team’s decision to burn the tokens automatically is an ingenious one. The team has tagged it. 2% supply. The 2 of the entire Cylum token sales in every singular transaction. For many years now, token burning has been used by a plethora of crypto projects as a magnificent catalyst for token value appreciation. Cylum Finance, like most of the others, has implemented this feature, only that this time it is automated. Cylum as a long-term and legitimate protocol will operate these burn system in an organized and automated manner in other?to bolster the project’s token supply chain.

Cylum Competitive Edge.

So many ingenious companies are into the auto staking business but Cylum stands out from he rest. Carefully study the chart below and see why you need to make Cylum your number of choice of auto staking investment. I love most about Cylum Finance is that is auto stakes and compounds only stable coins in the likes of BUSD, USDT, USDC and DAI to list a few, this is phenomenal. Alternative currencies are very volatile and might not guarantee a favorable profit return when the staking period is over but with stable coins, the returns are guaranteed and can be calculated from the onset of the investment period. CYLUM ultimately stores its funds in BUSD which is stable and is present in multiple blockchain networks.

CYLUM Tokenmics

CYLUM token is hyper deflationary in nature and has so many utilities. Its hard capitalization is 5 Billion and 2% of its total quantity has been burnt since its inception. hold $CYM tokens will gain as high as 395,677% in one year.

* Token Name: CYLUM

*Token Symbol: CYM

* Token contact address: 0x15Ea6B8481bF1C991aC3dC8e67279d31651a56FE

* Network chain: Binance Smart Chain (BEP-20)

*Cylinder wallet address: 0xF3BC489E5B3dcd571C22997E73463fA50923B768

*Cylinder wallet address: 0x5aB80A16A6E5e6F986cf8D612AB904440d3F1607

Project Roadmap

The Roadmap below is very comprehensive and completely spells out the team’s immediate and distant plan. So as an investor, you can carefully study the project’s design and laid out plan and get acquainted with the project. Don’t hesitate to contact the telegram administrators through the Telegram channel below if further clarifications are needed.?

Conclusion

It is invigorating to know that a worthy team have emerged to take staking activities to a whole new level. With CYLUM, new sets of millionaire would emerge and the integrity of the CYLUM network would be preserved. Also the team’s decision to use Binance smart Chain is an ingenious one since the transaction fees would be meager and the transaction speed to would hastened. The fact that it enlarges as the transaction volume increases would ensure that a healthy circulating supply is always in the market suggesting a healthy token price at all times. If you are thinking of investing in cryptocurrency in the long haul and using staking actions as your active or passive source of income. Make no mistake, make CYLUM your platform of choice and you would glad you did within a short period of time.

For more information

Telegram: https://t.me/cylumfinance

Twitter: https://twitter.com/cylumfinance

Website: https://cylum.io

Medium: https://cylumfi.medium.com

YouTube: https://www.youtube.com/channel/UC5h7sQkZiqMLBTA0JIFx5wQ

Author's information

Bitcointalk username: Dicentdevil

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3206918

Proof link: https://bitcointalk.org/index.php?topic=5397406.msg60049452#msg60049452