Why invest in Decentralized Finance on Steemit?

in #steem-staking4 years ago (edited)

Steemit has unparalleled security, with its four keys and master password.
Steemit has uniques security with Steem to SteemPower conversion.
Steemit has no transaction fees.
Steemit has very fast transactions.
Steemit uses only a fraction of its transactional capacity, and since the last HardFork some blocks have zero transactions.
Steemit has baseline APR of around 2.5% per annum which can easily exceed 10-12% in experienced hands with sufficient SteemPower.

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I agree that Steem and Steemit are good places for DeFi for these reasons!

Steemit has unparalleled security, with its four keys and master password.
Steemit has uniques security with Steem to SteemPower conversion.
Steemit has no transaction fees.
Steemit has very fast transactions.
Steemit uses only a fraction of its transactional capacity, and since the last HardFork some blocks have zero transactions.
Steemit has baseline APR of around 2.5% per annum which can easily exceed 10-12% in experienced hands with sufficient SteemPower.

Safety of Steem Staking Project
Because with Steem Staking your Steem never leaves your wallet.Your capitol is never at risk from this investment.
The smart contract on Steem Blockchain allows delegation and delegation allows you to Stake your tokens without them leaving your wallet!
When you “Power-Up” your Steem, you change or transform Steem the cryptocurrency into “SteemPower” the unit of influence or value awardment on the Steemit platform. Then you loan Steem Power to other people or businesses on the Steem blockchain, through a loan process called Delegation. Only those who own SteemPower can delegate or loan Steem Power to others, who use it primarily to generate curation awards and share those awards with the owners of the SteemPower. Thus the owners of Steem Power can earn income passively.

Thank yu for your comment and the information.

I like this mission statement, it increases our visibility as a decentralized finance location. The additional buying power from investors will raise the price of the coin, giving people who must spend it more purchasing power.
And as our price rises, so does our market cap. This will help use improve our ranking with a goal to get into the top 40.

Mission Statement:
To make Steem and Steemit widely known as a decentralized finance opportunity.
To onboard new users to grow the number of Steemit users and the number of investors on Steemit.
To make use of the existing smart contracts and tokens on the steam blockchain in decentralized financial investment.
To provide information, guidance, support and reputable, transparent investment vehicles on the Steem blockchain.

Thank you for your support.

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