How I Doubled My Deposit Using the WOWswap Protocol

Written by youngdegen | Published 2022/05/17
Tech Story Tags: crypto | cryptocurrency | cryptocurrency-investment | crypto-trading | crypto-exchange | cryptocurrency-trading | crypto-investing | wowswap-protocol

TLDRWOWswap DeFi protocol allows traders to trade with leverage. Some users can make their trades by borrowing money from the pool at a certain percentage, while other users can lend their money to the pool and earn on it. The calculation is based on the rate of the rate is determined by the $WOW token holders. The most popular is the pool with $BUSD - on average, the yield there reaches 40-80% per annum. In the end, my $10,000 turned into... $22,000. On the one platform. The amount turned out to be slightly less than if you could just multiply the values above - this turns out because of the accounting of transfer fees.via the TL;DR App

no story

Written by youngdegen | DeFi degen and enthusiast
Published by HackerNoon on 2022/05/17