What does “brick moving party” mean in the coin circle? (How much money can be made by moving currency in a month)

08/16/2023 05:31 • Metaverse Matters • 47 views

What does “brick moving party” mean in the coin circle? What does “brick moving party” mean in the coin circle? In simple terms, it refers to concentrating funds from exchanges in different addresses or wallets, allowing people to conduct transactions. There are usually two ways to help users complete asset transfers. The first is to use “lightning” to transfer your digital currency and then send it to another person; the second is to use the “removal” function to increase your position, so that you can exchange it for other coins when you choose to buy.

At this point, someone will start using this pattern to spread all their money. For example, if a user of an exchange wants to buy BTC and ETH, they can use these funds to cash in. So they need to first deposit 1 Bitcoin and then put 1 Bitcoin somewhere for cashing in, which will allow them to obtain more Bitcoin. However, in reality, many investors have not touched the 100+ Bitcoins they hold, but directly invest them into their own investments. So in fact, most players will still participate in mining and speculation.

How much money can be made by moving currency in a month

How much money can be made by moving currency in a month? What kind of tokens are supported by digital asset trading platforms such as Binance and Huobi?

Through blockchain technology, digital assets can be split and exchanged on the chain, realizing exchanges between decentralized exchanges. And through smart contracts, users only need to send ETH to the specified address to complete the transfer operation. Currently, DAI on the Ethereum network is used as an ERC20 standard asset for automated market makers.

This method can help people reduce the threshold of use and reduce the demand for highly volatile assets. For example, at the beginning of Ethereum 2.0 Phase 0, everyone can use Ethereum 2.0 smart contracts for liquidity and fund management. And now most project parties are trying to launch their own stable coins, which is already a new source of income for ordinary investors. But if these new projects want to succeed, they need to continuously improve their products and services, and be consistent with existing products to attract more new investments.

In order to improve efficiency, we have also introduced “algorithmic floating interest rates”. That is, when you have a fixed lending capacity or borrowing demand, you must deposit it into a smart contract. When the value of your assets exceeds $1, you need to pay interest to pay off the interest and then buy other currencies at this price, such as ETH. In this way, you can withdraw the principal at any time, saving costs.

In addition, through “algorithmic floating interest rates”, interest rates can be dynamically adjusted according to market conditions (such as BTC/USDT), and the “yield curve” system can also be flexibly invoked according to the user’s borrowing volume. When you can provide enough assets, you can purchase corresponding encrypted assets (Bitcoin) from the market. Of course, if you are not willing to take on this risk, you can also use the “yield curve upward method” (for example, APY=5%) to obtain interest. That means, as long as you have a liquid asset pool, it will bring you a corresponding amount of income for users, and this amount will also increase over time. So if you don’t have such financial strength and cannot generate additional income, then you won’t be able to earn all the interest.

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What does “brick moving party” mean in the coin circle? (How much money can be made by moving currency in a month)

How much money can be made by moving currency in a month

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