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  • Wednesday, February, 2023| Today's Market | Current Time: 09:27:07
  • Getting into crypto can be very risky. Apart from the fact that cryptocurrency is extremely volatile, there is also the issue of security. It is easy for anyone, especially newbies, to get scammed of their hard-earned money while trying to purchase or sell crypto. Another issue of concern is exchange and wallet hacks. These happen occasionally, sometimes carting away all of a user’s funds. Can crypto ever be safe? Yes, at least to an extent with coins like Immunicorn Finance (IMU).

    The risk associated with cryptocurrencies has made some people resort to mining. In crypto mining, you use heavy computers to confirm transactions on the blockchain. This is less risky than trading crypto, and although mining rewards can differ with the network demands, it is safer than many other crypto aspects. But what if you do not have the equipment needed to mine? What if you are not just interested in mining but the different aspects of crypto, even if they seem risky? Even if you are a miner, you can still enjoy the benefits of Immunicorn Finance (IMU).

    Immunicorn Finance (IMU) is a new cryptocurrency that focuses on two things: safety and security. These two things are important, as highlighted earlier. As for safety, you want to be able to use a platform without fear of personal harm. Though your money might be safe on some platforms, your person isn’t. We are going to take a look at all the features that make Immunicorn Finance (IMU) a genuinely safe place where you can store any of your digital assets and sleep like a baby at night.

    A Decentralized Reserve Currency

    Immunicorn Finance (IMU) plans to be a decentralized reserved currency. It means that a particular network holding this coin will ease transactions. Most countries use the dollar as their reserve currency, meaning their asset is evaluated in terms of the greenback.

    Similarly, the BNB chain will hold Immunicorn Finance (IMU) as its reserve currency. But, Immunicorn Finance (IMU) is even better than the reserve currency of traditional banking systems because it is decentralized. Big shots will be unable to control Immunicorn Finance (IMU) because it will be under a decentralized reserved currency protocol.

    How is all this beneficial to you, the end user? If Immunicorn Finance (IMU) is used as a reserve currency, it must be at least a bit stable. No one wants to use a currency that fluctuates so much as a reserve currency. It does not make sense. So, you have the assurance that Immunicorn Finance’s (IMU) price will not go below a certain value. The only way is up. This utility is impressive, considering that not many altcoins offer it. In a way, holding Immunicorn Finance (IMU) can make you immune from the constant fluctuations in the crypto market. It is no coincidence since Immunicorn Finance (IMU) is a combination of the words ‘immune’ and ‘unicorn.’

    Minting In Action

    When many people hear of minting in cryptocurrency, they first think of NFTs. But, NFTs are not the only things you can mint in the crypto space: you can also mint tokens, pretty much the way the government prints money.  In your country, you cannot print money. That would be illegal. But that is not the case with crypto. In crypto, you can generate more of a token without the permission of anyone. In Immunicorn Finance (IMU), this could be one way you make more money. All you need to do is commit a certain amount as your capital.

    Once you do this, Immunicorn Finance (IMU) will tell you how much to expect and when your return will be paid. You do not have to worry about creating new blocks, verifying transactions or all the other technicalities that go into minting a cryptocurrency. Once it is time for you to receive your returns, you will be paid $IMU. Now, think about this: as the price of Immunicorn Finance (IMU) probably goes up, your investment may increase by 2, 3 or 10 folds. As a minter, you earn in two ways: the fixed amount you receive from Immunicorn Finance (IMU) and the coin’s constant increase in price.

    Lending And Borrowing

    One way users enjoy decentralized finance’s benefits is through borrowing and lending. In the traditional banking system, lending is usually limited to institutions and big players. At the same time, the masses do the borrowing and pay back loans with high interest rates, enriching the institutions. With DeFi, you can lend and borrow money quickly, without all the paperwork and protocols that come with loans. For example, Immunicorn Finance (IMU) rewards lenders for contributing to $IMU. What do lenders do? They contribute their crypto assets to Immunicorn Finance (IMU) through what is known as liquidity pools. You can contribute to multiple liquidity pools if you have the assets for those pools. If you decide to be a lender to 3 liquidity pools, say Ethereum (ETH), Immunicorn Finance (IMU), and Binance Coin (BNB), then you contribute each of the assets to the respective pools. You get rewarded in Immunicorn Finance (IMU) for each pool you contributed to.

    Immunicorn Finance (IMU) takes your assets and creates derivative assets with them. When the protocol sells the original asset, you get iToken, which is a derivative of what you lent. If you need cash fast, you can borrow with Immunicorn Finance (IMU), whether you are a lender or not.

    To borrow with Immunicorn Finance (IMU), you do not need to go through a lot of processes. However, you will need to have collateral. This is because you are borrowing from the protocol, and there has to be something to back up your loan. You always get your collateral back when you pay your loan fully. The collateral you submit to Immunicorn Finance (IMU) does not have to be much more valuable than what you intend to borrow. In fact, a borrower has only to drop 30% more of what they intend to borrow.  If a person cannot pay back, then the collateral is sold, and the money is distributed to the lenders. This way, the protocol does not suffer from bad debts, and lenders continue to enjoy returns on their loans.

    Staking

    Staking is a process where you contribute to a network by locking some portion of its native token in return for rewards. Immunicorn Finance (IMU) runs on the Proof of Stake (PoS) mechanism, where users can stake their assets and get $IMU. Earning from other methods is independent of other earning methods on the Immunicorn Finance (IMU) protocol. You can be a lender or a borrower and still stake $IMU to earn more $IMU. In staking, you need to lock your tokens for a particular period: you cannot access them or use them as collateral. However, all your assets, including the interest accrued, will be automatically returned to your wallet after the staking period.

    How is Immunicorn Finance (IMU) staking different? Stakers will receive newly minted tokens as their rewards. This means as more tokens are minted, staker rewards might increase. Also, as users stake more with their rewards, they generate more money for themselves and keep up the token’s value; a positive feedback loop ensures the project’s sustainability. Please note that you cannot unstake your tokens before the set date. Staking with Immunicorn Finance (IMU) might be more profitable than conventional staking. You have to give it a try.

    How can I buy Immunicorn Finance (IMU)?

    Immunicorn Finance (IMU) is probably one of the best decisions you can make. The presale ends in about a week, so hurry to get your share of Immunicorn Finance (IMU) tokens. The presale price might be the lowest you’ll get with the Immunicorn Finance (IMU) token. To buy, follow these steps:

    1. Register with Immunicorn Finance (IMU) if you haven’t previously. Without an account, you cannot buy Immunicorn Finance (IMU). Registration only takes a few minutes.
    1. After inputting basic details like your email address and phone number, you need to select a crypto you would like to swap for Immunicorn Finance (IMU).
    1. After selecting, proceed to input the amount of that cryptocurrency you want to buy.
    1. Agree to the terms and conditions of the presale at the end of the page. After this, click on the register button and your purchase is successful.  If you already have an Immunicorn Finance (IMU) account, you need to carry out step 3 only.

    Immunicorn Finance (IMU) may be the token of the future, rewarding holders and making crypto a safer place for everyone, not just its holders. You do not have to resort to crypto mining because of safety if you are not interested in it.

    Immunicorn Finance (IMU) DAO governs the protocol, so you can have a bit of confidence that the few at the top will not make critical decisions without involving the community. You can learn more about Immunicorn Finance (IMU) through any of the links below. On the altcoin’s website, you can also see its whitepaper, which explains all aspects of Immunicorn Finance (IMU).

    Immunicorn Finance (IMU)

    Presale: http://imu.immunicorn.io/

    Website: http://immunicorn.io/

    Telegram: https://t.me/ImmunicornTokenOfficial

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