Cryptocurrency ETF and Sun Mining

shortsegments (77)adminin Banking and Finance • 4 years ago (edited)

Good Article on Crypto ETF

I read a very good article on cryptocurrency ETF today, written by @brian.rrr
In this article he discussed the asset breakdown of one such ETF run by a financial investment company called Grayscale.

The article pointed out one of the big advantages of this method to hold cryptocurrency is safety and you don’t have to mess with keys. It also pointed out a major disadvantage is that the cost of the shares is much greater then the value of the cryptocurrency held in the ETF or exchange traded fund.

source

I encourage you to read the article to learn more.

The link is here: Link

I also read a very good article about Justin Sun’s latest project called Sun Mining. It’s a new Token called Sun.
The article is by @jayplayco

The $SUN project already gathered staked Tron worth at the moment over 175 million USD for over 2 weeks. The basic principle here is very easy. Stake a TRX based token that is offered and get $SUN tokens for that.

It is available in English and Korean. Link

I recommend you read these two posts to decide if these investments are for you. Do your own research and invest only what you can afford to lose.

@shortsegments

Steemit was doing DeFi before DeFi was popular.

Check out this DeFi program with 8.5% annual interest and 2-2.5% month ROI from delegation rewards! A great passive investment on a four year old decentralized finance project! #Steem-DeFi

The original blue paper for Steemit set the terms for the award of annual interest.