-
Bitcoin
$94,362.81
2.61% -
Ethereum
$3,098.53
0.01% -
Tether USDt
$1.00
0.04% -
Solana
$236.86
-1.06% -
BNB
$613.19
-0.10% -
XRP
$1.12
3.10% -
Dogecoin
$0.3909
0.11% -
USDC
$0.9997
-0.01% -
Cardano
$0.8254
13.29% -
TRON
$0.1981
-1.71% -
Shiba Inu
$0.0...02443
-2.11% -
Avalanche
$34.57
0.69% -
Toncoin
$5.37
-2.49% -
Sui
$3.68
1.30% -
Chainlink
$14.83
0.70% -
Polkadot
$5.91
1.94% -
Bitcoin Cash
$448.96
0.56% -
Pepe
$0.0...01982
-1.35% -
UNUS SED LEO
$8.44
7.44% -
Stellar
$0.2546
10.35% -
NEAR Protocol
$5.67
-1.71% -
Litecoin
$86.12
-0.85% -
Aptos
$12.11
4.06% -
Uniswap
$8.96
-3.71% -
Dai
$0.9998
-0.01% -
Cronos
$0.1815
9.27% -
Hedera
$0.1265
-6.95% -
Internet Computer
$9.33
1.43% -
Bonk
$0.0...05411
-0.04% -
Render
$7.87
-0.50%
how atomic wallet bonds work
Atomic Wallet's "Bonds" feature enables users to earn passive income through lending their crypto assets to ecosystem projects, providing diversification, support for these initiatives, and a potential source of interest payments.
Oct 30, 2024 at 08:32 pm
How Atomic Wallet Bonds Work
1. Overview
Atomic Wallet is a non-custodial cryptocurrency wallet that allows users to buy, sell, store, and exchange various digital assets. Recently, Atomic Wallet introduced a new feature called "Bonds," which allows users to earn passive income on their crypto holdings.
2. Bond Issuance
Bonds are essentially loans that companies or organizations issue to raise funds. In the case of Atomic Wallet, bonds are issued by projects within the Atomic Wallet ecosystem. These projects use the funds raised from bond sales to finance their development and operations.
3. Bond Subscription
Users can subscribe to bonds using their cryptocurrency holdings. They can choose to invest in bonds with different terms, such as the duration of the bond (e.g., 1 month, 6 months, 1 year) and the interest rate paid.
4. Income Generation
Once subscribed, users receive interest payments on their bond holdings. The interest rate and payment frequency vary depending on the bond terms. The interest is paid in the same cryptocurrency as the bond, which is typically the project's native token.
5. Bond Redemption
When a bond reaches its maturity date, users can redeem it to receive their initial investment back, along with any accrued interest. They can also sell their bonds in the secondary market before maturity if desired.
6. Benefits of Atomic Wallet Bonds
- Passive Income: Users can earn interest on their cryptocurrency holdings without actively trading or investing.
- Investment Diversification: Bonds provide an alternative investment option within the Atomic Wallet ecosystem.
- Support for Ecosystem Projects: By subscribing to bonds, users can support the development and growth of projects within the Atomic Wallet community.
7. Risks of Atomic Wallet Bonds
- Default Risk: There is always a risk that the company or organization issuing the bond may default on its obligations, resulting in the loss of the subscriber's investment.
- Market Volatility: The value of the bond and the interest payments may fluctuate with the underlying cryptocurrency market.
- Reliance on Third-Party Projects: The success and reliability of bonds depend on the performance of the projects issuing them.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
First Digital’s FDUSD Stablecoin is Officially Live on Sui
- 2024-11-20 22:20:02
-
Discover the Next Big Success Stories in the Crypto World: DOGEN, ADA, SUI, and APT
- 2024-11-20 22:20:02
-
Fhenix Unveils Nitrogen Testnet, Enhancing Decryption and Decentralization with Fully Homomorphic Encryption (FHE)
- 2024-11-20 22:20:02
-
Monkey Tilt Raises $30M to Combine Gambling with Entertainment, Backed by Pantera Capital
- 2024-11-20 22:10:02
-
From Mascot to Market Sensation: LUCE Token Surges in Popularity After Bybit Futures Listing
- 2024-11-20 22:20:02
-
Monsta Mash ($MASH) Set for 1000X; Outshining SOL & ADA Impressive Gains
- 2024-11-20 22:20:02
Related knowledge
How to add the IPFS mainnet (InterPlanetary File System) to MetaMask.
Nov 17,2024 at 06:49pm
How to Add the IPFS Mainnet (InterPlanetary File System) to MetaMask1. Install MetaMask and Create a New WalletVisit the MetaMask website (https://metamask.io/) and click the "Download" button.Follow the prompts to install the MetaMask browser extension or mobile app.Create a new wallet by clicking on the "Create a Wallet" button and following the on-sc...
How to add the Nexus Mutual mainnet to MetaMask.
Nov 19,2024 at 07:03pm
How to Add the Nexus Mutual Mainnet to MetaMaskFollow these steps to add the Nexus Mutual mainnet to your MetaMask wallet:1. Open MetaMask on your browser or mobile device.2. Click the Ethereum Mainnet dropdown menu, which is located towards the top of the screen.3. Hover over Custom RPC and click Add Network.4. Enter the following details in the provid...
How to add Bancor mainnet to MetaMask.
Nov 19,2024 at 05:00pm
How to Add Bancor Mainnet to MetaMaskIntroductionBancor is a decentralized exchange (DEX) that allows users to trade cryptocurrencies without the need for an intermediary. It operates on its own blockchain, and to interact with it, you'll need to add the Bancor mainnet to your MetaMask wallet. This guide will provide detailed instructions on how to do t...
How to add the dYdX mainnet to MetaMask.
Nov 17,2024 at 03:16am
How to add the dYdX mainnet to MetaMaskIntroduction:dYdX is a decentralized exchange (DEX) that allows users to trade cryptocurrencies without the need for an intermediary. It is built on the Ethereum blockchain and supports a wide range of trading pairs. In order to use dYdX, you will need to add the dYdX mainnet to your MetaMask wallet. This guide wil...
How to add Synthetix Mainnet (SNX) to MetaMask.
Nov 20,2024 at 03:35am
How to Add Synthetix Mainnet (SNX) to MetaMaskIntroductionSynthetix (SNX) is a decentralized synthetic asset issuance protocol built on the Ethereum blockchain. It allows users to create and trade synthetic assets that track the value of real-world assets, such as stocks, commodities, and fiat currencies. This guide will provide detailed instructions on...
How to add Yearn.finance Mainnet (YFI) to MetaMask.
Nov 17,2024 at 01:20am
How to add Yearn.finance Mainnet (YFI) to MetaMaskYearn.finance (YFI) is a decentralized finance (DeFi) protocol that allows users to lend, borrow, and earn interest on their crypto assets. YFI is the native token of the Yearn.finance platform and is used to govern the protocol and earn rewards.To add Yearn.finance Mainnet (YFI) to your MetaMask wallet,...
How to add the IPFS mainnet (InterPlanetary File System) to MetaMask.
Nov 17,2024 at 06:49pm
How to Add the IPFS Mainnet (InterPlanetary File System) to MetaMask1. Install MetaMask and Create a New WalletVisit the MetaMask website (https://metamask.io/) and click the "Download" button.Follow the prompts to install the MetaMask browser extension or mobile app.Create a new wallet by clicking on the "Create a Wallet" button and following the on-sc...
How to add the Nexus Mutual mainnet to MetaMask.
Nov 19,2024 at 07:03pm
How to Add the Nexus Mutual Mainnet to MetaMaskFollow these steps to add the Nexus Mutual mainnet to your MetaMask wallet:1. Open MetaMask on your browser or mobile device.2. Click the Ethereum Mainnet dropdown menu, which is located towards the top of the screen.3. Hover over Custom RPC and click Add Network.4. Enter the following details in the provid...
How to add Bancor mainnet to MetaMask.
Nov 19,2024 at 05:00pm
How to Add Bancor Mainnet to MetaMaskIntroductionBancor is a decentralized exchange (DEX) that allows users to trade cryptocurrencies without the need for an intermediary. It operates on its own blockchain, and to interact with it, you'll need to add the Bancor mainnet to your MetaMask wallet. This guide will provide detailed instructions on how to do t...
How to add the dYdX mainnet to MetaMask.
Nov 17,2024 at 03:16am
How to add the dYdX mainnet to MetaMaskIntroduction:dYdX is a decentralized exchange (DEX) that allows users to trade cryptocurrencies without the need for an intermediary. It is built on the Ethereum blockchain and supports a wide range of trading pairs. In order to use dYdX, you will need to add the dYdX mainnet to your MetaMask wallet. This guide wil...
How to add Synthetix Mainnet (SNX) to MetaMask.
Nov 20,2024 at 03:35am
How to Add Synthetix Mainnet (SNX) to MetaMaskIntroductionSynthetix (SNX) is a decentralized synthetic asset issuance protocol built on the Ethereum blockchain. It allows users to create and trade synthetic assets that track the value of real-world assets, such as stocks, commodities, and fiat currencies. This guide will provide detailed instructions on...
How to add Yearn.finance Mainnet (YFI) to MetaMask.
Nov 17,2024 at 01:20am
How to add Yearn.finance Mainnet (YFI) to MetaMaskYearn.finance (YFI) is a decentralized finance (DeFi) protocol that allows users to lend, borrow, and earn interest on their crypto assets. YFI is the native token of the Yearn.finance platform and is used to govern the protocol and earn rewards.To add Yearn.finance Mainnet (YFI) to your MetaMask wallet,...
See all articles