BENEFITS OF CMN TOKENS TO ITS USERS/INVESTORS
CMN develops an ecosystem that does more than just exchanging tokens. Cryptos worth millions are lying idle and can be put to productive use across various investment schemes of farming, swapping etc. and with the explosive rise of decentralized finance, CMN introduced a full-fledged service
for crypto users. With CMN DeFi, the platform will roll out a line-up of services for investment opportunities for individual and institutional investors alike.
CMN has taken great measures to offer the following suite of services for the benefit of its user and this include;
CMN Staking
The rise in cryptocurrencies also raised environmental concerns due to excessive
mining. The consensus mechanism (Proof-of-Work) leads to millions of computer systems generating heat and thus causing environmental damage. Moreover, the
process is lengthy and restricted to those equipped with necessary infrastructure only.
As an alternative, staking (Proof-of-Stake) is gaining acceptance and has turned out to be more productive, accessible, and democratic. Here, users those who stake their crypto assets beyond a pre-defined limit gain the governance rights.
At CMN, we aim to provide staking as an investment opportunity to the common user.
Initially, we will be collaborating with other staking pools to provide on-demand benefits to the investors.
The more you stake, the more you grow CMN Staking is purposefully designed to incentivize long-term investments and thus assuring persistent liquidity for the overall network. Users will be able to stake their cryptocurrencies and participate in trading activities across foreign DeFi platforms.
Users will be able to stake their CMN tokens to retrieve an equivalent reward token.
Furthermore, they would be able to stake these reward tokens to in a farm (pool) and
earn more benefits.
With CMN DeFi, we look forward to create a democratic marketplace for all wherein financial services such as loans, yields etc. are rendered instantaneously.
CMN Yield Farming
Yield Farming is the most successful investment instrument for DeFi protocol which enables the crypto investors to incentivize their staked assets that are further invested in various schemes. Being a pooled investment, the risk of loss per head is minimized therefore, CMN DeFi will create a Yield Farming protocol that invests the user’s assets in the most profitable protocols.
The users lock their assets in a farm pool. The pool that holds collective investments
from all users invests the holdings in different DeFi schemes. Subsequently, it generates
and rewards timely returns (Yield) in appropriate proportion to all participants. Not to miss, the investors gain rewards and other additional benefits for their contribution.
Therefore, more the volume of the funds collected in the pool, more are the rewards.
CMN Yield Farming aims to provide consistent ROI to the users and assure platform liquidity at the same time.
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