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Cryptocurrency News Video

USDC and USDT will make you money immediately: currency circle lending strategy, easily earn 40% of the currency, profit sources/risks/how to participate.

May 28, 2024 at 04:18 pm 饭团🍙元宇宙比特币

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The profit sources and risks of simply earning coins on OKX

Source of profit

1. Borrowing interest
• Users deposit USDT into Ouyi's lending platform, and the platform lends these funds to traders or institutions in need of liquidity. These borrowers pay interest and users gain income.
2. Regular financial products
• The regular financial management products provided by Ouyi allow users to deposit USDT into financial management products of a specified period. The platform uses these funds to invest or borrow and pay fixed income to users.
3. Liquidity mining
• Users provide USDT to the liquidity pool of the Ouyi platform. As a liquidity provider, users can receive a share of transaction fees.
4. DeFi project investment
• The Ouyi platform may invest users' USDT in decentralized finance (DeFi) projects, which use funds to conduct various investment activities and distribute profits to investors.

risk

1. Market risk
• Severe fluctuations in the cryptocurrency market may result in borrowers being unable to repay their loans on time, or resulting in reduced returns from liquidity mining. These fluctuations will affect users' actual earnings.
2. Platform risks
• The operational risks of Eureka Exchange itself, including financial problems or hacker attacks that the platform may encounter, may result in the loss of user funds.
3. Liquidity risk
• In the event of low market liquidity or sudden increase in demand, users may be unable to redeem their invested USDT in a timely manner, affecting capital liquidity.
4. Smart contract risks
• If Ouyi invests user funds in DeFi projects, the smart contracts that these projects rely on may have vulnerabilities or be attacked, resulting in the loss of user funds.
5. Interest rate risk
• Interest rates in the lending market may fluctuate as market conditions change, and users' actual income may be lower than the expected fixed income.
6. Compliance risks
• Due to changes in cryptocurrency regulatory policies, EEX may face compliance risks, which may affect the normal operation of the platform and users' investment returns.

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Video source:Youtube

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