Comparison with other staking
Last updated
Last updated
If compared with other staking pools and projects, Hash20 provides a relatively noteworthy and reliable services. It is efficient as compared to other in a sense that it saves time and energy of users to finds and invest in staking pools. Hash20 automatically diversifies its user’s funds. Besides that, it provides users with a constant source of passive income. Unlike, other projects it is safer and sustainable.
Features | Staking Pools | Hash20 |
---|---|---|
Impermanent loss occurs when the deposited digital assets have a decreased value as compared to the time of deposit. Though you do get reward for providing liquidity in the liquidity pool but oftentimes this reward is less than compared to the depreciation in value in assets. To simply put, the depreciation of your funds is relatively more than as compared to the compensation provided at the end of the staking term.
You can mitigate the risk of impermanent loss through studying the market carefully before investing in a crypto pair. Always choose stable coin pairs and avoid pegging on volatile crypto pairs. Hash20 does so through its hash algorithmically without notifying investors.
Various segments are differentiated in the strong block and Hash20, in which the strong block only gets rewards when all multi-chain nodes are linked together but only in a limited way, while Hash20hash as a service gets rewards on all categories. ERC-721 NFTs, a strong blockchain network having DeFi purposes that connect with Strong Block Nifty Fi, whereas Hash as a Service are strongly linked with the Binance smart chain where BEP20 perform as a native token in which NFT on Binance Smart Chain is profoundly interoperable and interchangeable. Moreover, Hash20is not only limited to single chain Hash20users can enjoy extensive blockchain application experience.
That's why Hash20 contracts are time-locked. This means every action our developers or administrators perform is broadcasted publicly 24 hours before it can be executed. This gives our users plenty of time to secure their funds before an administrator, developer, or hacker could move them. In addition to the time-locks, the team has made sure to remove any trace of 'migrator' code. A migrator code is often used to perform rug-pulls and theft by allowing the developer of a contract to move the pooled liquidity out of the platform, so they've made sure that there is no possibility of this happening, even if our team gets hacked or attacked. Also, liquidity will be locked for 10 years.
Sustainability
Unsustainable
Provides sustainability
Return rate
Higher return rate in beginning, leading to deterioration over time
Constant APY from the beginning
Risk
Impermanent loss
Safe
Life-time rewards
No
Yes
Fee
High
low
Redeem
No
Yes
Trasfer Hash
Not possible
Possible
Royalty
No
Some
Volatility
High
Low
Audit reporting
annually
bi-weekly