Generating interest on stablecoins: Just Mining launches its lending solutions

Warning : This article is brought to you by the company Just Mining. Crypto investments are risky by nature, do your own research and invest only within the limits of your financial capabilities. This article does not constitute an incentive to invest

The arrival of lending at Just Mining: an opportunity to generate passive income on your stablecoins

The crypto ecosystem has long been rewarding those who make the various blockchain networks work. The idea is to retain investors over time and ensure the proper functioning of the various protocols. It is thus possible to derive passive income from mining, staking or masternode activities.

New financial instruments made possible through the development of decentralized finance (DeFi) offer new opportunities for investors to generate passive income. Still little known to the general public, today it is possible to generate passive income on a stablecoin basis. That is to say cryptocurrencies that are not plagued by a phenomenon of volatility that can be found on Bitcoin, Ethereum and the majority of cryptocurrencies.

“Our teams use several DeFi (decentralized finance) protocols but also some CeFi (centralized platform) to offer a significant APR (interest rate) of double-digit ROI on stablecoins. This type of solution requires an excellent mastery of the protocols used. We did a lot of upstream testing. »

Owen Simonin, CEO of Just Mining

Let’s take a simple example, imagine that the APR is exactly 10% annual, so this means that when you invest€ 1000, you earn the equivalent of€ 100 extra over the year. Naturally, this rate is evolutionary over time. It can vary up and down depending on the market configuration. The reported annual return is 10%, so when you invest 1000 euros, you earn an additional 100 euros over the year. A much higher rate than an A-book or other financial instruments. In addition, the lockup is 24 hours i.e. you can withdraw your capital whenever you want.

It is important to note that this return is the one advertised but is subject to change. To arrive at this type of return on stablecoins. Just Mining has developed a perfect mastery of the different DeFi and CeFi protocols that allows to maximize yields. A long-term work led by the Just Mining teams has been deployed.

“We have been experimenting with DeFi for several months with the idea of offering a coherent and attractive product while encouraging our customers to take into account the risks linked, while controlling all the risks linked to the different protocols. “Thibaut Boutrou, COO Just Mining

Thibaut Boutrou, COO of Just Mining

A turnkey solution

Once again, blockchain technology and the cryptocurrency ecosystem are evolving very rapidly. The emergence of the DeFi is a phenomenon that remains very recent, Bitcoin is barely more than a decade old. This is why mastering lending in order to obtain an important APR double-digit ROI as proposed by Just Mining remains complex without mastering several tools such as bridges or wallets. On the other hand, a monitoring of DeFi protocols proposing the best yields is necessary.

The fact that the offer of Just Mining is completely turnkey is thus a huge advantage for anyone who does not master all the necessary technical elements.

Thus, Just Mining’s lending solution will allow you to get passive income on your stablecoins. Who says stablecoin says that you are not exposed to volatility, the value of these assets is stable over time as the name suggests by the way. As you will have understood, no technical skills are required and you can simply follow the evolution of your returns on your stablecoin in real time from a dedicated dashboard.

“The opportunity to generate passive income on its stablecoins is a great opportunity that was made possible by DeFi. Unfortunately, for someone who is not well versed in blockchains tools, the best protocols are still difficult to access. Through this very easy to access and very flexible solution, we try to share this opportunity with as many people as possible. “Thibaut Boutrou, COO of Just Mining

Thibaut Boutrou, COO of Just Mining

Lending remains an investment that carries its share of risk

If you are an avid reader, you know better than anyone the risks involved in investing in the crypto ecosystem. Thus, although Just Mining makes every effort to select the most secure DeFi and CeFi protocols on the market, its lending offer does not directly control these protocols and the company Just Mining can not be held responsible for a failure of one of these protocols. The DeFi ecosystem is full of promise, it is nevertheless necessary to always have in mind the risks that this kind of mechanism presents (protocol failure,…). of this ecosystem, especially that of capital loss.

Conclusion: a “plug and play ” lending offer with 9.60%(variable rate) annual return, who says better ?

The French company Just Mining has for several years now made a name in the crypto ecosystem by offering turnkey offers giving access to the huge potential of the market and not requiring any technical skills. Today thanks to this offer of lending with the announced yield of 9.60% (variable rate) 10% annual, the company is again striking a big blow to make accessible the opportunities of lending made possible thanks to the emergence of decentralized finance (DeFi).