Douglas, Isle of Man, January 18, 2024 (GLOBE NEWSWIRE) — Since its launch on December 27, 2023, MONSTRO’S DEGENZ!, the latest addition to the Monstro universe, has created significant buzz in the DeFi space. Renowned for shaking up traditional approaches, DEGENZ! turns the promise of “too good to be true” (2-6%!) daily passive income into a sustainable reality, avoiding the problems that have plagued similar businesses.
Recognizing the challenges inherent in “ROI dApps,” which often fail due to reliance on a continuous influx of capital or fall prey to fraudulent activity, the Monstro team has a robust strategy in place. This plan is based on an understanding of the typical pitfalls for investors in ROI dApps and introduces innovative solutions from the start.
THE MONSTRO BREAK! stands out with a unique two-phase approach. The first phase encapsulates the excitement of daily winnings, blending game theory and strategic decision-making. Participants are faced with intriguing choices: reinvest for multipliers, claim profits, or purchase NFTs to improve win rates.
As the influx of new capital eventually subsides, DEGENZ! seamlessly moves to phase two. This phase involves stopping new deposits and issuing NFT “receipts” to wallets that have not yet claimed the promised profit (ranging from 150% to 300%). These receipts allow their holders to earn a real external return from farming and liquidity operations, paid weekly in USDC. This approach, successfully implemented since August 2023 with Monstro’s Farmz!, leverages 30% deposit fees reinvested in DEXs like Trader Joe, Orca, Uniswap V3, Sparkswap and Alienbase.
“The question is not if, but when you will benefit from it. This confidence sets us apart from other projects in space, a claim few can make,” says 0xVarius, co-founder of Monstro’s Universe.
Enrichment of the offer, DEGENZ! offers an aggressive referral program. Referrers can earn 5-20% depending on the total deposit volume they introduce, with an innovative “cashback” option for their downline. This user-friendly feature allows referrers to automatically share rewards, facilitated by the smart contract, embodying Monstro’s philosophy of community and simplicity.
About Monstro’s Farmz!
Farmz by Monstro! embodies passive income, with nearly $500,000 in total value locked (TVL) and nearly $230,000 paid out to its community in just five months. The platform invites users to see their income grow effortlessly, with USDC payments every Wednesday. With a focus on transparency and accountability, all contracts, portfolios and positions are publicly available, reflecting the team’s commitment to absolute openness.
About the Monstro universe
Monstro’s Universe is designed for both thrill-seekers and savvy investors, blending captivating characters with the promise of stable, passive income. This is an area where DeFi is not only profitable, but also enjoyable. Whatever your investment goals, Monstro’s Universe offers treasures tailored to your ambitions.
Guided by a seasoned team of crypto experts, Monstro’s Universe prioritizes fairness and transparency. All operations are public, recorded on-chain, and adhere to the highest standards, underscoring the team’s dedication to the integrity and vitality of the Monstro universe.
Disclaimer: The information provided in this press release does not constitute an investment solicitation nor is it intended to constitute investment advice, financial advice or trading advice. It is strongly recommended that you perform due diligence, including consulting a professional financial advisor, before investing in or trading cryptocurrencies and securities.
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