The title sounds like a click bait but its not. We'll perhaps the part with the 100'000$ is not certain like everything in the world of finance is not certain.
Check out the service here
Coin Freezer?
The freezer is a staking commitment with the platform native DFI coin. Perhaps more coins will follow but for now it is available for the native coin only.
Basically staking the coin and Cake manages the masternodes to create value over time, earning node operating rewards. Committing the coins to the freezer over a time window you choose offers you higher interests and lower fees. Those incentives combined gather some incredible good compounding interest rewards.
The Calculator
The calculator on the website shows in numbers and visually how your return could look like. 10 Years of staking offers maximum in return but you can also choose to lock up your coins only for a month. Playing around with the metrics shows you what you could get. It was actually this calculator that showed me how much i get in 10 years that made me decide to freeze my coins for such a long time.
100'000 USD in 10 Years!
Here is my proof of staking that i've put my 810 DFI coins in the freezer for 10 Years. 810 DFI coins are wrth 2900 USD at the moment. in 10 Years i should get 100'000 USD due to masternode rewards over this period of time.
I write "should" because we both know that it depends on the price of DFI. maybe it will falls drastically and that would diminish my earnings. But it couls also go the other way and even increase in price. That is the risk and reward you get everywhere in cryptospace and in 10 years a lot can happen. I tried it and i am no looking foreward to 12. Mar. 2031.. :)
DeFi Economy
Besides the personal aspects and chances to earn DeFi is a whole new economy evolving. Basically whatever a bank or institutional service offers you, a DeFi service will cover it in the future. This is why this market is so promising. Cake even plans to offer Stocks and commodities in the future. What are you waiting for? get on the train!
Disclaimer
This is no financial advice. Everything written is my opinion only and you should do your own research. Investing in Bitcoin and other cryptos, lending, DeFi, liquidity mining are high risk investments. You could lose everything, only invest what you can afford.
Bear in mind that some of the links in this post are affiliate links and if you go through them to make a purchase I will earn a commission. Keep in mind that I link these companies and their products because of their quality and not because of the commission I receive from your purchases. The decision is yours, and whether or not you decide to buy something is completely up to you.
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RECOMMENDATIONS
Here i get interest on my coins: http://bit.ly/btc_defi
Best cryptobrowser: https://bit.ly/fastest_browser
Here i buy bitcoin: http://bit.ly/btc_buy
Travel
Where i book hotels: https://bit.ly/riohotel
Where i book the cheapest flights: https://goo.gl/HRhxoy
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