THE ADVANTAGES OF STAKING YOUR CRYPTO-ASSETS WITH FINANCIO

in #fin3 years ago

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Financio wants to help you earn passive income, especially through the staking of cryptocurrencies. In this article, you will learn the meaning of cryptocurrency staking, what Financio intends to achieve via this and how you can take full advantage of it.

WHAT IS STAKING?
Staking is an economic model under the Decentralized Finance (DeFi) ecosystem. It allows the holders of the native token of the network or cryptocurrency project to contribute their tokens for the swift scaling of transactions. This happens because the delegation of your crypto-assets makes you a validator (transaction confirmation personnel), to some extent.

WHY SHOULD I PAY ATTENTION TO CRYPTOCURRENCY STAKING FROM FINANCIO?
Here are some of the reasons why Financio is one of the best platforms for staking or putting your crypto-assets to good use and for passive income purposes:

1- Financio is a Fully-Decentralized Platform
One of the reasons is that Financio is a Decentralized Finance (DeFi)-focused project that is dedicated to the swift processing of transactions. The platform also ensures that the holders of its native token, the Financio token ($FIN) are prioritized in the scheme of things.

2- Swift Cryptocurrency Transactions
Another reason you want to transact on Financio is that it has set the pace in terms of enabling cryptocurrency transactions. You can use the decentralized trading platform to trade or exchange different crypto-assets without breaking a sweat or paying hefty fees.

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BENEFITS OF STAKING VIA FINANCIO
These are some of the reasons why we think that it is worthwhile to staking your crypto-assets via the platform provided by Financio:

1- Less Carbon Footprints
Carbon footprints or the higher emissions of power and gas in the process of validating cryptocurrency transactions has been a source of concern. Notable personalities like Elon Musk have at one time or the other criticized the higher mining powers of these assets.

The Financio platform is built on the Binance Smart Chain (BSC) blockchain ecosystem. BSC operates under the Proof-of-Stake (PoS) consensus algorithm – an algorithm that has been reputed for the cleaner use of energy when processing transactions.

Thus, you can be confident that you wouldn’t be inadvertently promoting carbon emissions just because you want to make money on the side by staking cryptocurrencies.

2- Passive Income Opportunity
Have you been looking for a way to earn money from the cryptocurrency market, while being passively involved? I have got one of the best ways for you – stake your Financio token ($FIN) in any of the available staking pools.

In addition to the passive income opportunities, the Financio staking pools also have encouraging Annual Percentage Yields (APYs) that could be up to 76%.

3- You don’t need any Hardware to Earn
Last but not least – you don’t need any hardware before you can earn passive income via the Financio staking pools. Thanks to the use of the Proof-of-Stake (PoS) consensus mechanism; all there is to do is to retain the tokens in the staking pools for as long as the APY duration is scheduled.
Want to purchase your Fin token, then follow the picture below;

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CONCLUSION
Financio is opening up more frontiers to decentralized transactions, starting with the passive income opportunities made available via its staking

USEFUL LINKS:
Website : http://www.financio.io/
Whitepaper : https://www.financio.io/Whitepaper.pdf
Telegram : https://t.me/FinancioToken
Telegram Channel : https://t.me/FinancioTokenChannel
Twitter : https://twitter.com/FinancioToken

AUTHOR'S DETAILS
Bitcointalk Username: Nancyo
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2759950;sa=summary

Wallet Address: 0xeF728a6f7aB532bac5b2662B9eE6a0C097bc5243