Why can Vena Bao Offer You an Ideal Interest in a Bear Market?
As we all know, now the cryptocurrency market is experiencing a winter. The value of bitcoin has decreased over 80% since the same time of last year, and other mainstream cryptocurrencies, like ETH, EOS, etc. all showed us an impressive falling, which made cryptocurrency investors fall down from the heaven. So what should we do now? If an investor believes in cryptocurrency, he may purchase more since now the price is low, however, cryptocurrencies in hand mean that your capital is occupied, the cryptocurrencies will increase someday, but before that, the time value of the capital is lost.
As you are a cryptocurrency believer, you must not sell your cryptocurrency. So how to manage your cryptocurrency to make the efficiency higher? May be you can try Vena Bao.
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If you are a investor, you can invest your cryptocurrency, such as USDT or TRX, and you will get a interest around 10%. That’s quite a satisfying one, isn’t it? When there is no benefit to holding cryptocurrency, why not put it in Vena Bao and get a satisfying interest?
So you may wonder where does the interest come from. The borrower includes many miners. The miners doesn’t want to sell their bitcoins, but they need capital to promote their business. So they offer their bitcoin as collateral and get capital from Vena Bao. So you won’t be worried since bitcoin is there as collateral, which must be real.
But what to do if the price of bitcoin decreases? That is just what has happened even what is happening. However, solving that is not difficult. In Vena Bao, if the price decreases under a certain line, let’s say, 120% of the value of the collateral, Vena Bao will immediately deal with the collateral to make sure the loan can be paid.
So now it is clear. Investors can get a satisfying interest during the bear market, and borrowers can have a better way to get capital. Vena Bao is a channel which improve capital efficiency for both investors and borrowers, even in the bear market.
Although in the bear market, the financial activities seem not so active, we all still need to invest and finance. The demand will not disappear, but we need better ways, and Vena Bao is the better way.
Vena Bao is about to be online in recent days. Keep on eye on Vena Bao and you will experience the amazing advantage. Now join the telegram @vena_network, and you can get more information, more candy and more prizes.
