Dear BXH 🏃🏽🏃🏽🏃🏽community members

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Our BXH new and exciting website is now accessible for you to browse and learn more about BXH at www.bxh.com. Stay updated for latest update.🔖

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🏃🏽BXH Business Segment: BXH Smart Pool🚀

1/ what is BXH Smart Pool and its value?🤔

BXH Smart Pool is a decentralized pooled mining protocol that aimed at providing users with DeFi aggregated financial management services.

When users deposit stable coins like DAI, USDC, and USDT, as well as non-stable coins like BTC, ETH, TRON, and others, the smart pool will invest the funds in some long-running and reputable DeFi protocols, while automatically regulating the deployment of funds based on real-time floating yield changes of different protocols .While automatically assisting users maximizing profits, the smart pool also minimizes the gas fee cost of decentralized operations via a single position transfer mechanism.

The results of aggregate mining will be dispersed proportionally to all users, without the need for middlemen or primary draws, which is fair and equitable.

For more detailed information kindly visit our 🔗website: website

What Is Farming in Decentralized Finance?

Yield farming is the process of using decentralized finance (DeFi) to maximize returns. Users lend or borrow crypto on a DeFi platform and earn cryptocurrency in return for their services.
Yield farmers who want to increase their yield output can employ more complex tactics. For example, yield farmers can constantly shift their cryptos between multiple loan platforms to optimize their gains.

🚀Yield farming is the process of token holders maximizing rewards across various DeFi platforms.
🚀Yield farmers provide liquidity to various token pairs and earn rewards in cryptocurrencies.

How does yield farming work?

Yield farming allows investors to earn yield by putting coins or tokens in a decentralized application, or dApp. Examples of dApps include crypto wallets, DEXs, decentralized social media and more.


Yield farmers generally use decentralized exchanges (DEXs) to lend, borrow or stake coins to earn interest and speculate on price swings. Yield farming across DeFi is facilitated by smart contracts — pieces of code that automate financial agreements between two or more parties.

So, how well do you understand cross-bridge chains?🌚🌚

A cross-chain bridge enables an exchange of information, cryptocurrency or NFTs from one blockchain network to another. It enables the flow of data and tokens across what would otherwise be siloed sets of data on different blockchains.

what are the use of using cross-bridge chains?

⚡️less expense
⚡️time consuming
⚡️fast and safe
⚡️enables users to exchange one cryptocurrency for another without first changing it to fiat currency.
⚡️aren’t limited to just cryptocurrency value transfer either.
⚡️enable the transfer of smart contract and NFTs from one blockchain environment to another.

There are several approaches to enabling transfers with a cross-chain bridge.

🚀 wrapped token
🚀liquidity pool
🚀Polygon and so on.

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NEWS OF THE DAY

According to coindesk, TBD, an enterprise under Jack Dorsey, announced at the Consensus 2022 Festival that it would build a decentralized network platform called "Web5".🚀

#web5 🚀🚀will bring decentralized identity and data storage to applications, let developers focus on creating a good user experience, and return the ownership of data and identity to individuals.

Does your wish list look like ours?
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BXH
BXH
more and more #BXH
#GiveMoreWithBXH

For more check our social media📲

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Medium : medium
Tg-ann : announcement
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