Introducing FREQUENCY MINING To The DeFi Ecosystem: See How We Change the Game (A Step By Step Tutorial On How To Earn Deposit Reward On Haze Finance)

INTRODUCTION AND IMPORTANT ANNOUNCEMENT

Hello Haze community, let the drum roll begin! Today we are here to introduce to the DeFi ecosystem, for the first time ever, a brand new mining system: Frequency Mining, a new term coined by the Haze Finance team.

FREQUENCY MINING

Okay, now we can finally introduce the center of today’s article, Frequency Mining. In traditional mining users deposit/stake their assets in the protocol and let the funds run and generate tokens as reward, in this case, the more money one has, the more token reward he/she receives. It’s another one of those “the whale takes it all” games. But we are here to change this. In Frequency Mining, users are not only rewarded based on how much money they have put in, but also by HOW MUCH WORK they have put in. Not so clear? Let me give an example here: Michael has 100,000 BUSD to deposit and Jess has 10,000 BUSD. Michael deposits all of his 100,000 BUSD in Haze Finance at once and receives his corresponding HAZE tokens reward. Jess, starts off with less funds than Michael, decides to work harder by depositing her 10,000 BUSD in Haze Finance multiple times. She receives her rewards, withdraws the funds, then deposits her 10,000 BUSD again, and repeats this process for 10 times. Since Frequency Mining rewards the users based on both the amount of money and the amount of work, after 10 rounds of hard work, Jess receives THE SAME AMOUNT OF HAZE TOKENS REWARDS AS MICHAEL DOES, BUT WITH 1/10 OF THE FUNDS THAT MICHAEL HAS. And if Jess were to repeat the process for 100 times? Yes, she receives the same amount of HAZE tokens reward as someone who deposits 1 million of BUSD once, with just 1/100 of the capital! This is officially the revolution of the shrimps!

STEP BY STEP TUTORIAL ON HOW TO DEPOSIT AND WITHDRAW FUNDS:

Below is a step by step tutorial on how to participate in Frequency Mining on Haze Finance:

This is the official Medium account for Haze Finance— a non-custodial fully private DeFi tokens transactions protocol based on Binance Smart Chain