Decentralized Applications (dApps) have become a buzzword in the crypto-world over the past three years.
For the uninitiated, the term dApp refers to a blockchain-based application that runs on a decentralized network and uses its resources.
Decentralized apps normally have no central point of failure, have open source code, and work with a decentralized consensus mechanism. The downtime of these decentralized apps is also eliminated. They are resistant to interference by individuals, corporations, or governments because they do not have any central authority.
Recently, ROI Dapps have been gaining investor attention. These types of dApps promise a return on investment that the user can withdraw at any time from the smart contract. ROI Dapps have been gaining in popularity, with the BSCFomo project being one of them.
Introducing the BSCFomo Project
BSCFomo is a hybrid ROI DApp project that is built on the Binance Smart Chain Network. The developers behind the project chose the Binance Smart Chain for its larger audience, cheaper transaction fee, and matured investors.
As ROI Dapps are normally a high-risk investment, choosing Binance Smart Chain will be beneficial for investors.
The main aim behind this project is to ensure investors get financial and time freedom without the hindrance created by the current economic crisis. By tapping into the bear cryptocurrency market, BSCFomo is well-positioned to become one of the most sought-after ROI Dapps in the world.
The contract starts on the 3rd of April, 2022
Features of BSCFomo
The BSCfomo ROI dApp has a lot of salient features that differentiate it from other normal ROI Dapps. These include the following.
Investors can deposit any amount above 0.05BNB as there is no maximum capped amount.Investors can withdraw the profit without any fee.Investors can get up to 200% daily for 1-28 days on their staked BNB tokenIf users don’t make a withdrawal every day, will get extra bonus: a hold bonus. That means investors can get more profit.Hold-bonus add 0.1% per 2 days, max is 1.5%.The referral bonus will auto-send in the wallet.BSCFomo provides a functional calculator that easily allows users to calculate profits.Earnings every moment, withdraw any time if you use capitalization of interest you can withdraw only after end of your deposit Investment Plans We have two types of tariff plans with different periods and percentages of profitability
How to start investing at BSCFomo?
Before investing at BSCfomo, you will need either the Metamask or Trustwallet application. To integrate your Metamask wallet, you have to complete the following steps.
Open your Metamask browser extension. You can do this by clicking the top right corner of the browser.To access the settings, click on the logo of your account found at the top right of the Metamask App.After getting the list of different settings, click on the “network” tab. Click on the “add network” button after this.MetaMask will require several bits of information such as Network Name, New RPC URL, ChainID, Symbol, and Block Explorer URL. The information you will need to enter to add the Binance Smart Chain is provided on the official website.After entering the network details, all you have to do is connect the MetaMask wallet. To do this, click on the current network and then on Binance Smart Chain Mainnet.
Starting to invest at BSCFomo is as simple and straightforward as it gets. Users must start by visiting and complete the following steps.
First, you have to decide how much funds you want to invest. Do this by keeping an eye out for the current value of all tokens involved.After you have decided on the amount, check to see whether the amount is sufficient for your investment which is inclusive of the gas fee.Investors are advised to use the profit calculator provided by BSCFomo. The profit calculator gives an almost accurate idea about the ROI that you will receive at the end of the tenor.Finally, when the funds are ready, click on the “invest” button on the website, to begin the deposit process.With a simple click, you will become a proud BSCFomo investor.
dApps are completely free from any single authority by implementing the principle of smart contracts.
P2P systems like these ensure that decentralized systems continue working even if significant parts of the network halt. ROI dApps like FantomFomo is positioned to maximize the returns that investors get. This new breed of ROI dApps provides an incentive to a newer class of crypto enthusiasts and investors to expand the network
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