Membrana for me is a…

Csteve
Csteve
Nov 4 · 4 min read

Membrana for me is a platform where I can trust my funds in a safe way to skilled traders or managers of my choice to obtain more gains from my funds.

Home dashboard screen Membrana platform (removed sensitive content)
Home dashboard screen Membrana platform (removed sensitive content)
Home Dashboard screen membrana platform

That’s what the membrana platform is for me in one sentence. About a half year ago I leaned about the membrana platform, and it got me interested right away “TRUST MANAGEMENT OF DIGITAL ASSETS” sounds promising right? After some research I decided to try their platform to trust my funds. The simple login with my exciting metamask account made me comfortable about the platform right away even more after I saw the nicely designed UX of the platform and the ease of use, It felt familiar right away.

Easy login thru metamask

After exploring the platform I felt ready to setup my first contract. First step was to set up an API with Binance exchange “the place where I hold my trading funds”. As this was the first time for meeting up a API I reached for help with one of the membrana team admins who helped me extremely well. It’s a reassuring feeling to know that I can connect my funds through API with restricted rights (only trading rights) so that my funds will never leave the exchange unless I want it myself ;).

Selecting a Trader who fits my needs based on performance.

So I’m ready to select a trader. What I like that I can choose a trader myself that fits my needs. I can check trader by their performance in the past and if they have currently contracts under management. Also a nice way is to see how many contracts they had where in profit and loss. This is all verified by a mechanism membrana calls POT — proof of trade. The trades are locked in the blockchain so they can’t be manipulated. After selecting a trader it’s time to set up my contract with the trader.

There are different parameters for setting up a contract you got the duration of the contract, currency, minimal contract amount, target profit, maximum loss and last the fees to be paid if a trade reached its target profit. For example you can get something like this:

Duration — 30 days

Currency — USDT

Minimal amount — 100 UDST

Target profit — 25%

Max loss — 8%

Fee — 15%

*Note that the fee is 15% from the profit amount as the contract ends. So if there is a loss you get the fee back or when there is a partial profit you also get some fee back.

Exploring trader and setting up a contract

After this I can choose how much I want to invest in this contract and sign & pay the contract through metamask. My first contract I had a profit of 7%.

After that I had 3 contracts with 2 out of 3 ended in profit. And I got another contract running till December… I love to use this platform for getting some nice passive income (stacking sats)

The next thing I’ll try to participate is the COF fund with starts a new round in december, a community operated fund managed by the best traders out there.

I can imagine when the inflow of new crypto investors and traders start with the next bull run the membrana platform is a safe and easy way to start investing in crypto. Espessialy as newcomers get rekt most of the time this could be a nice opportunity for them.

Last I want to tell you guys about the membrana token $MBN

The membrana token is something different than the platform but you get some nice features and benefits if you got them.

First of all I’m staking a LVL2 holder (300.000 tokens or more) This grants me the benefits of weekly staking rewards 3% and bi weekly ETH reward from a part of the profit made with the COF fund. So for example If there is 100.000 dollars in the COF fund and they make 10.000 Dollars profit you’ll get a part of this profit, bi weekly deposited on your eth address.

There is even a LVL 3 staking level to be announced with extra benefits and features.

What can I earn by staking token

For me the $MBN token is a long term investment because I believe with the next run many people will use the Membrana platform. Not just because its a great project but also they got some of the admins who help you out every time, a great community to whom Membrana listens well.

Plans

If you got any questions about my experience with Membrana I’m happy to answer your questions.

Membrana website : https://membrana.io/

Membrana platform : https://beta.membrana.io/

Membrana telegram channel : https://t.me/membranaplatform

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