Pylon Finance | First Crypto Backed by Real-World Income-Generating Assets
PYLON is the world’s first and largest cryptocurrency backed by real-world income-generating assets. Investing in PYLON allows you to own a piece of one of the largest GPU mining farms in the United States, the Pylon Finance team claims. Your investment will support profit-generating land, real estate, and computer hardware that you will receive a share of. And, PYLON is a reference to a StarCraft Protoss building. You know Vosk had to cover it.
About PYLON
The founders of PYLON claim to be owners of the largest Ether mining operation in the United States, have launched nearly ten DeFi farming projects prior to PYLON, and mine over 1 billion KH/s on Ethash. PYLON is completely mined by its community; there are no pre-mines or pre-sales associated with the token.
You can buy or sell PYLON on Uniswap, here’s their liquidity pool.
How It Works
Investing in PYLON is an investment in a real-world GPU Mining Fund, which supports land, real estate, and mining hardware. Pylon is responsible for the construction, programming, maintenance, housing, and tax implications for all units.
This results in 100% of the yields generated from the Investors GPU mining rigs get rewarded to the Investor, while 100% of the yield generated from PYLON’s GPU mining rigs go to PYLON holders, there is a 0.5% fee though!
According to Pylon Finance, this is a token that can be profitable during the bull and bear markets, with profits ranging from 35%-250% APY. The farms mine Ethereum (ETH), and bank on rewards and gas fees.
Here’s what the Pylon.Finance Total Value Locked TVL and Liquidity Provider LP tokens were when Vosk staked his 2 PYLONs.
Sound too good to be true?
According to their blog, PYLON is “actively pursuing independent auditors […] to inspect [their] smart code, and are MORE than happy to produce documents, pictures, videos, or any other forms of verification proving [their] experience running profitable mining farms.”
Thanks for reading! Remember, VoskCoin does not provide any investment advice and we were compensated to write this article. Any investments are at your own risk.
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