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RE: HODL 1st Contest ! More than 40 USD in prizes 🎁

in HODL4 years ago

Hello @shanghaipreneur,

Thank you for sharing your story and I am now following your project on Twitter :).

Interesting story and thoughts. It is nice that you were suspicious when presented to you as a "get rich scheme".

Very nice ending and I guess Crypto got you a job.

Can you tell us more about FinNexus? What is the goal of the platform... I am very interested.

Sincerely,

@vlemon

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Thanks for the response @vlemon, always respected your blog a lot. We're a DeFi project that is creating a "Crypto Supermarket" - the idea is that crypto lacks diversity, real world value, and convenience. So we're gonna bring it to the industry!

I fell in with some of the engineers from Wanchain (WAN) to launch this project. Our first protocol cluster is about bringing real world assets - loan portfolios, receivables, etc. - to tokens. It's kinda boring stuff but the great thing is that these tokens will be completely uncorrelated to other tokens. And they'll also have a return component, so they're definitely be good for that risk-averse section of your portfolio.

The second protocol cluster is pretty damn cool. We've started working on it during COVID-19 and have actually gotten pretty far fast due to the pandemic. We are creating a decentralized options platform. So you can stake your bitcoin (if you wanna sell a covered call and earn some income) or you can stake a stablecoin (if you wanna provide insurance coverage for someone who's afraid bitcoin price might fall). We'll start with BTC and move on from there. That's about it for now.

We've just raised a good bit of money on Bitrue. We've done 4 rounds of FNX token distributions and they've all sold out so far. It's kind of amazzZZingGG!

Very interesting comment and I am quite interested by the options and BTC lending you are mentionning.

I really need to check all of this out, is there a DeFi Bible/Temple Website out there? To get all of the info?

I am making so much $$$ buying puts on stocks (ofc I would buy call on BTC haha).

Sincerely,

@vlemon