digital-coins.net
  • Visit us on
  •  Twitter
  •  Medium

digital-coins.net

Bitcoin, Altcoins, Defi and more

Decentralized Finance

Earn up to 3.33% daily
Learn more

Menu
  • Home
  • Introduction
    • Overview
    • Blockchain – in simple terms
    • Wallet
  • Decentralized Finance
  • Invest and earn coins
    •  How to get coins
    • Free (Bit-)coins
    • For Publishers
    • Investing your Bitcoins (update required)
  • Mining
    •  Mining Overview
    • CPU Mining
  • About

#defi

Furio – Some updates on this Defi Champ

14. September 2022 by digital-coin.net Leave a Comment

I am using Furio now for a little bit over 3 weeks and wanted to give you a some updates on what changed and what I learned since then:

Compound daily:

Drip provides you with 1% daily. No matter how often you claim. If you hydrate twice a day, because you cannot expect to compound your rewards and see your balance grow. Or if you just re-compound once a week, the rewards remains (roughly) the same.

Unlike Drip, you have to re-compound on a daily basis. Why? Your reward will not increase any further after 24 hours, I realized. Once you hit your reward amount, be that 1.75% or 2.5%, once that limit is reached, your reward is not growing anymore until you re-compound. Be aware of this and make sure you compound daily to profit as much as possible.

Ok, but I really don’t have the time to do that or I am not willing to spend that time. What can I do in these cases? Furio got you covered here.

Auto Compound feature

This is a really useful feature invented by the Furio team: Instead of you manually claiming your daily reward, you let the system do it yourself. You select the number of periods to auto compound, it shows you how much this costs in BNB, you pay and lean back. The system does it all for you. Isn’t that great? Pure passive-income I would say.

And the best thing: The team just lowered the fees the other week to 0.003 BNB. So as you see from below screenshot, I selected 4 “Auto Compound Periods” cost 0.012 BNB.

Is the feature worth it? I guess that is up to you to decide. Depending on your time and will to claim manually or not, how much you got invested in Furio, how many wallets you are managing, and so on.

Update website

The team is also continuing to update the user interface. As example the header got introduced showing you current balances in $FUR, USDC and your vault balance.There is also a link to the main site and the white paper. Sounds like a little update, but it gives the overall user interface somehow a lean and even more professional look in my opinion.

My first 28 days are almost over. Lets see, if I reach the 2.5% level going forward. I keep you in the loop.

Team link

Looking for a team to join or just like to follow me on that journey to the destination “Furio”, please feel free to use my referral link below. Everyone is very welcome here.

https://app.furio.io?ref=0xb3C253D80578f569cFd4fe2E916EDbF01B384577

Posted in: News Tagged: #defi, #drip, #furio, #money, #passive-income

Back to 2021 – What if I invested in Drip back then

31. August 2022 by digital-coin.net Leave a Comment

As a big fan of the Back to the Future movies I always liked the imagination of journeys across the time. If you never watched these movies, you missed something so far. Go and check them out. They are great.

Today we don’t want to talk about the movies. Today we will ran an simulation on what would have happened with a Drip investment deposited at the very early stages of the platform. The article I published yesterday inspired me to ran this simulation. Lets jump back in time. To 31st July 2021, to be precise. The Drip token sold for 31.54 USD according to coinmarketcap.com. Let’s invest into it.

By today we would be invested into Drip for 397 days. Everyday would have provided 1% of profit so far. Lets also assume we never claimed our profits, but re-compounded every single day. Even if that wouldn’t be the case, our analysis here showed us, that the delta wouldn’t be that big. There is no downline for simplicity. How would our investment look like today on the 31st August 2022?

Below you see 3 scenarios, the only difference is the initial investment amount: Once with 100 USD, 1’000 USD and with 10’000 USD. We bought the tokens on 31st July and claimed our first reward on 1st August 2021.

Even by the current low price of 7.69 USD per token we would still see an increase of around 11x in 13 months time. I think this is still very impressive in the current market environment. The daily reward claimable would be also quite interesting, depending on your initial investment of course! You could for sure make a living out of this money, if you would have invested more then 10’000 USD originally.

Conclusion

The key factor with Defi investment like Drip, or Furio, as we talked about the other day, lies probably a) in time, you have to invest as early as possible to profit from the re-compounding effect as often as possible. And b) your investment needs to have a certain size. Investing only 100 USD into Drip even at the very first day, doesn’t make you a millionaire nor allows you to claim a decent salary regularly from the system. No risk, no fun is coming to my mind. Seems like this is or better was the case here too. Looking backward is always easy, I am aware.

So is it too late to invest and profit in the long term? I personally don’t think so, that’s why I joined the system a short while ago. But you have to decide that on your own, if you like to join me and many others on that journey too.

Buddy/Team

If you are looking for a buddy and/or a team, feel free to use my link below. You are welcome to join:
https://drip.community/faucet?buddy=0xb3C253D80578f569cFd4fe2E916EDbF01B384577

Posted in: News Tagged: #defi, #drip, #earn, #money, #passive-income
Earn Free Bitcoin

1 BTC = $27574.07 USD  (via Coinbase)
1 ETH = $1758.51 USD  (via Coinbase)
1 LTC = $81.05 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

The Perfect Match: Visiting Real Bedford F.C. Is A Bitcoin, Soccer Fan’s Dream

Bitcoinmagazine
Mar 20

RedeemGBTC Campaign To Host Shareholders Meetup At Miami Bitcoin Conference

Bitcoinmagazine
Mar 20

Without Democracy, Bitcoin Will Fail

Bitcoinmagazine
Mar 19

RGB And Taro, Both Putting Tokens On Bitcoin, Take Two Different Approaches To Development

Bitcoinmagazine
Mar 18

Coinbase Potentially Looking At Launching An Overseas Exchange: Report

Bitcoinmagazine
Mar 17

BlackRock CEO Larry Fink Describes Digital Assets’ Advancement In Annual Shareholder Letter

Bitcoinmagazine
Mar 17

Fidelity Investments Has Opened Bitcoin Trading To The Public During Ongoing Banking Crisis

Bitcoinmagazine
Mar 16

Fidelity Investments Has Opened Bitcoin Trading To The Public

Bitcoinmagazine
Mar 16

A Recap Of Last Week’s Banking Contagion And Bitcoin

Bitcoinmagazine
Mar 16

As The U.S. Sees Its Second-Biggest Banking Collapse Ever, Bitcoin Is Just Becoming Stronger

Bitcoinmagazine
Mar 16

Wolf Bitcoin And Lightning Accelerator Announces First Cohort, Investors And Mentors

Bitcoinmagazine
Mar 16

Antifragile: Serhiy Tron Fights To Bring Bitcoin To Ukraine

Bitcoinmagazine
Mar 15

El Salvador Launches CUBO+ Educational Program Aimed At Producing Elite Bitcoin And Lightning Developers

Bitcoinmagazine
Mar 15

Bank Runs Like These Are The Reason Bitcoin Exists

Bitcoinmagazine
Mar 15

Luxor Launches First Antminer Firmware Made In The U.S.

Bitcoinmagazine
Mar 15

Are You Too Late To Bitcoin?

Bitcoinmagazine
Mar 15

The Latest Banking Crisis Is Why I Save In Bitcoin

Bitcoinmagazine
Mar 14

Mobile BTC Rewards Game ‘Bitcoin Miner’ Surpasses 1 Million Players

Bitcoinmagazine
Mar 14

Bitcoin Education Can Be The Foundation For Global Change, But It Must Be Local

Bitcoinmagazine
Mar 14

Decentralized Bitcoin-Focused Social Media App Zion May Use Nostr In The Future

Bitcoinmagazine
Mar 14

Ordinals Community Donates $19,000 To HRF Bitcoin Development Fund

Bitcoinmagazine
Mar 13

As Banking Collapses Erode Trust, Bitcoin Fixes Moral Hazard

Bitcoinmagazine
Mar 13

Bitcoin Surges Past $24,000 As U.S. Sees Major Banks Fail

Bitcoinmagazine
Mar 13

How to Deal With Toxic Change In CoinJoins

Bitcoinmagazine
Mar 13

U.S. Treasury, FDIC And Federal Reserve Will Guarantee All Deposits At SVB, Signature Bank In Unprecedented Move

Bitcoinmagazine
Mar 13

Management Software Can Help Bitcoin Miners Realize Their Energy Potential

Bitcoinmagazine
Mar 11

Lyn Alden On Finding Bitcoin, Skepticism And Inclusion: ‘Money Is For Everyone’

Bitcoinmagazine
Mar 10

Unofficial World Record Set For Highest Amount of P2P Bitcoin Lightning Transactions Paid In 3 Minutes

Bitcoinmagazine
Mar 10

THNDR Games Releases New Game To Earn Bitcoin Alongside Gaming Reputation System On Nostr

Bitcoinmagazine
Mar 09

Inside Bitcoin Lake: Lessons From My Months As A Volunteer With Guatemala's Groundbreaking Project

Bitcoinmagazine
Mar 09

Silvergate Bank Announces Liquidation And Winding Down Of Operations

Bitcoinmagazine
Mar 09

Neutronpay And BitcoinVN To Host Lightningcon Vietnam, Asia’s First Bitcoin And Lightning Conference

Bitcoinmagazine
Mar 08

Baseball Fans Can Now Instantly Receive Bitcoin After Perth Heat’s Most Exciting Plays

Bitcoinmagazine
Mar 08

River And Bitcoin Magazine Announce Lightning Partnership To Accelerate Adoption Of Bitcoin

Bitcoinmagazine
Mar 08

Fixing The Incentives: How Fiat Money Broke The World

Bitcoinmagazine
Mar 08

Shift Crypto Announces Partnership With Pocket Bitcoin Allowing DCA Within BitBox02 Hardware Wallet

Bitcoinmagazine
Mar 08

Jack Dorsey’s Block Announces Mining Development Kit For Novel Bitcoin Mining Use Cases

Bitcoinmagazine
Mar 07

Judges Consider Grayscale’s Arguments In Bitcoin ETF Hearing Against SEC

Bitcoinmagazine
Mar 07

Swiss Bitcoin App Relai Raises $4.5 Million Led By Jeff Booth’s Ego Death Capital

Bitcoinmagazine
Mar 07

Exploring The Five Best U.S. Cities For Bitcoin Enthusiasts

Bitcoinmagazine
Mar 07

Silvergate Solvency In Question As Crypto Banking Troubles Brew

Bitcoinmagazine
Mar 07

FTX Debtors Sue Grayscale Investments And Its Executives

Bitcoinmagazine
Mar 06

Terawulf Brings First Fully Nuclear-Powered Bitcoin Mining Operation In America Online

Bitcoinmagazine
Mar 06

At Northern Lightning 2023, Norway May Offer The Wildest Bitcoin Experience Yet

Bitcoinmagazine
Mar 06

Why Bitcoin Mining Needs Stratum V2

Bitcoinmagazine
Mar 06

How Bitcoin Mining Is Adapting To The Energy Transition

Bitcoinmagazine
Mar 05

Nick Szabo Was Wrong: With Bitcoin, Micropayments Work

Bitcoinmagazine
Mar 04

U.S. Treasury Introduces CBDC Working Group, Discusses Potential Routes For Digital Dollar

Bitcoinmagazine
Mar 02

HSBC, Nationwide Banks Crack Down On Bitcoin And Crypto Access

Bitcoinmagazine
Mar 02

Binance Announces Support For New African Currencies Without Third Parties

Bitcoinmagazine
Mar 02

Latest Crypto Fear & Greed Index

Tags

adapad aipad airdrop animal farm asic bitcoin bluezilla bscpad celsius coinbase compound cryptopolis defi drip earn ethpad exchange faucet free free bitcoin furio gamezone giveaway gleam IDO igo litecoin metavpad miner mining money movez nft nftlaunch passive-income polypad promotion reward souls of meta trading trustpad tutorial velaspad wallet whitelist

Latest Platform Reviews

Celsius
Coinbase
Crypto.com (updated)
OKX

Cloud miner reviews

Hashing24.com
HashFlare.io
Genesis-Mining

Archives

  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • May 2021
  • April 2021
  • November 2017
  • October 2017
  • May 2017
  • December 2016
  • November 2016
  • October 2016
  • August 2016
  • December 2014
  • March 2014
  • November 2013

Disclaimer

This site contains referral links to described websites. Thanks for your support.

None of the sites content is financial advise. Do your own research, please.

Copyright © 2023 digital-coins.net.

Magazine WordPress Theme by themehall.com