Connect with us

Hi, what are you looking for?

Top Stories

Income generation on DeFi, explained

Modern tools can improve the earning process by diversifying asset exposure and empowering AI for quicker reaction times.

Although DeFi returns appear promising, investors must continue to air on the side of caution and remember even in DeFi, “get-rich-quick” schemes do not exist. Instead, a minimum level of awareness on topics such as how the blockchain works and what an automated market maker (AMMs) is are necessary for users to deploy passive income generation methods. Furthermore, early DeFi projects required users to be highly experienced while having adequate capital at their disposal.

SingularityDAO is one of the few platforms that generate yield by trading cryptocurrency assets through an AI-powered DeFi portfolio, giving users access to a diverse range of crypto tokens.

These tokens exist as DynaSets, which are sets of assets managed by a combination of professional traders and artificial intelligence. After assets are deposited in a DynaSet, users can allocate LP tokens representative of their share of a DynaSet. The Dynamic Asset Manager option will manage the assets, trading coins based on market info and trends, with the intent to generate yield. 

The company claims DynaSets products’ performance exceeded the numbers of popular digital assets –– Bitcoin (BTC) by as much as 13.6% and Ethereum (ETH) by 18%.

Since smart contracts power Dynasets, users have the advantage of immediate reaction time and trade execution across multiple liquidity pools. The result is increased efficiency, fewer fees, and a slippage limit, all without creating an account.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

Source link

Advertisement. Scroll to continue reading.

Click to comment

Leave a Reply


Online Business Success

Anne Solhaug Tutar is a Partner at Antler, a global early stage investment firm, and former founder of health food startup Future Foods. getty...

Top Stories

Transfer between custodied and non-custodied accounts can now take place within the Solflare wallet Source link

Online Business Success

Kelly O’Neil is a multi-award-winning profit strategist, brand-marketing expert, and host of the EPIC podcast. getty If you’ve been grinding and hustling your way...

Online Business Success

Adam Povlitz is CEO/President, Anago Cleaning Systems, a leading franchise focused on technological advances in janitorial operations. Getty Technology continues to enhance how we...

Loan And Finance

Authored by Cardinus Risk Management The Government has confirmed that the new counter terrorism “Protect Duty” legislation will become law in the next session...

Online Business Success

Dan Boram is CEO at AURA, a leading design-build company focused on creating experiential office environments. Getty The nature of the workplace has permanently...


You May Also Like


Introductions get a lot of attention. I’ve explored the topic of how to write them even though as a reader, I always skip them....

Online Business Success

The internet is now our nervous system. We are constantly streaming and buying and watching and liking, our brains locked into the global information...

SEO Guide

There are all kinds of pictures of the world on the internet, but to find one of these specific pictures that you want to...

Online Business Success

You can think of link building in many ways. I like to call it tedious, painful, and a test of patience. It’s also necessary...