GYM NETWORK bought launched on 25 March 2022. It’s a extremely modern DeFi platform that’s the first to introduce online marketing to decentralized finance, permitting customers to earn commissions by referring others, whereas cashing in on the platform themselves.
$19 MILLION TOTAL VALUE LOCKED WITHIN THE FIRST 2 WEEKS AFTER LAUNCH
Proper after the launch GYM NETWORK’s whole worth locked (TVL) went to $13 Million virtually instantly, not solely on account of the excellent advertising and marketing actions, but in addition as a transparent reflection of the excessive demand for its first product, the GYMNET Vault. Inside 2 weeks after the launch the TVL has already surpassed $19 Million, rapidly transferring in direction of $20 Million. That makes for a mean of greater than $1.3 Million deposit worth added per day! These outcomes present that individuals love the idea of GYM NETWORK. Right here they cannot solely earn excessive rates of interest on their favorite cryptos. For the primary time, they now have the chance to earn affiliate commissions by way of revenue sharing, merely for introducing others to their favorite DeFi platform. And the simplicity of the system makes it even simpler for the typical consumer to adapt to the DeFi area, which has been the preliminary motivation and the concept behind GYM NETWORK. “GYM Community is just not about reinventing the wheel however creating one thing new and modern based mostly on current, confirmed methods,” says Alberto Mera, the system designer of GYM Community. “The largest innovation comes from including rewards to the consumer for taking part within the protocol and implementing an affiliate system in an effort to obtain affiliate commissions for referring different customers.”
GYM NETWORK HAS A VISION THAT GOES FAR BEYOND JUST BEING A DEFI PLATFORM
GYM NETWORK has formidable objectives specified by a long-term roadmap, that reaches forward into 2024, with the imaginative and prescient to develop into a metaverse that’s combining an ecosystem of various DeFi incomes alternatives, permitting its customers to entry them by way of a single digital world. The primary obtainable product inside this metaverse ecosystem is the GYMNET Vault which permits customers to deposit their favorite cryptocurrencies (it begins with BNB) and earn an rate of interest on them. As they do that by means of the GYM NETWORK platform, they may even earn rewards within the type of the GYMNET Token. What the GYMNET Vault does is, it connects to different established DeFi platforms, reminiscent of Alpaca Finance, and places a layer on it that enables the consumer to not solely earn the rate of interest provided by these different platforms but in addition the GYMNET rewards. Subsequent to that they now have the chance to ask different customers by way of their affiliate hyperlink supplied by GYM NETWORK and earn commissions as a revenue share from the rates of interest and rewards of their referred companions. The deposit quantity stays untouched and is absolutely obtainable to be withdrawn anytime. “What I actually like about GYM Community is the truth that I can earn excessive rewards at low danger and at all times entry my funds each time I need to,” says a GYM Community investor.
COMPOUND YOUR GYMNET REWARDS WITH YIELD FARMING
Whereas the GYMNET Vault permits you to deposit a single asset like BNB to earn income and rewards, you even have the choice to extend your earnings by including liquidity to the pool on PancakeSwap, the decentralized change (DEX) the place GYMNET might be traded. Merely stake your LP-Tokens that you simply obtain in return for offering liquidity within the type of the BNB/GYMNET buying and selling pair within the GYM NETWORK Farming contract and you’ll quickly begin incomes further GYMNET rewards.
LET THE STATS SPEAK FOR THEMSELVES
Subsequent to the huge improve of the GYMNET Vault in such a short while, there are much more spectacular details that spotlight the large success of the undertaking whereas it’s nonetheless at its very starting:
- TVL within the Vault: $19 Million
- Complete Buyers: 15,154
- GYMNET Market Capitalization: $132 Million
- DEX Liquidity Pool: $8.5 Million
- 24h Buying and selling Quantity: $739,000
- GYMNET steadily up over 60% since launch
- GYMNET Holders: 7,656
Take into account that these figures have been achieved inside 2 weeks after the launch!
ABOUT GYM NETWORK
GYM NETWORK is a completely decentralized protocol working on the Binance Good Chain. It combines optimum yields with excessive rewards for its customers. Thus, traders get easy accessibility and save a whole lot of valuable time utilizing the DeFi undertaking. Subsequent to that, customers also can earn commissions by referring new members into GYM NETWORK. The sensible contracts are audited by Certik, a prime contract auditing supplier, which has audited main cryptocurrency exchanges reminiscent of Binance and OKEx.
Web site: https://gymnetwork.io