Zunami Protocol solves the major DeFi problem
Hello everyone! Let’s discuss the main mission of Zunami Protocol and how they are trying to solve one of the most important problems of DeFi.
It’s not a secret that crypto has created a whole class of millionaires of a new formation — “crypto millionaires”. Having amassed good capital, this category of people has a logical question: How to increase savings? Where to invest?
Average bank deposits represent no interest to anyone — annual income is already at the inflation level in many countries, so there is no real chance of increasing capital; you would be happy to remain just what you were. You can, of course, try trading on the stock market, but it is combined with great risk, meanwhile your profit will be lower than in crypto. There are more options, for example, to invest in real estate, but you need to diversify your portfolio anyway.
DeFi offers a solution to such an important problem — Yield Farming. Yield Farming is a way to earn cryptocurrency using another cryptocurrency that you already own. Broadly speaking, Yield Farming is any effort to make your crypto assets work and get the most profit out of those assets. The DeFi sector can offer annual interest rates that will suit for most investors, ranging from 20% to 1000%, and some even higher though.
However, an investor risks to face problems already at this stage. A lot of “farms” with high annual income can turn out to be an ordinary scam. Other DeFi applications are constantly hacked and you risk losing all your invested money. If you are lucky and your funds are not stolen, then the price of the farm token could easily dump to zero.
Obviously, this problem stands alone, and solving it will allow the DeFi sector to continue to dominate the market. Zunami Protocol has competently approached the problem.
Zunami Protocol makes the farming process as easy as possible. You just need to launch their application, make a deposit in stablecoins and the application will do the rest for you. Zunami independently searches for a pool with the highest annual profitability (of course, they only work with reliable pools), directs user funds to suitable pools, and also automatically sells rewards on decentralized exchanges. In addition, if a more profitable farming pool is found, the application will automatically redirect funds there in the next 24 hours. This strategy will allow you to get 25% more profit in the end (according to Zunami). It is worth noting that for making a deposit, users will receive a reward in ZUN tokens, and in case of staking, the percentage of your profit will increase.
Everything looks very simple and profitable on paper. We need to wait for the official launch of Zunami Protocol and try all the project’s features on our own.
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