Coinflex.com Is A Really Cool Site! I have to thank user @stewbits for this tip, as before today I had no idea that coinflex.com even existed. It's a site where you can convert a USD (more commonly known as USDC), token into a FlexUSD token, and earn interest on it, just for holding it in your wallet. Flex USD is supposed to always be redeemable 1:1 back to USDC. What's really cool is that you can apparently also create a FlexBCH token, and store these Flex tokens on your SLP wallet! Now you should go to the website and check all this out for yourself, because quite frankly a lot of what they are doing there goes way over my poor old head and aged brain. But for some of the smarter folks here, Coinflex may be a neat way to earn some extra income passively and securely. Before you invest in Coinflex DO YOUR OWN RESEARCH. Please remember that I am just some random drooling moron writing nonsense on the internet, and if you had listened to me two months ago you would have lost money on Swapnex, Cryptos OTC, and MetaFiYielders. You've been warned!!
1 comment
I think they just stopped supporting slp because the developer of it Chris Troutner refuses to fix certain issues that would allow interest payments to scale with slp . They do support smartBCH and provide a free 2 way bridge to move flexUSD onto and off smartBCH if you want double yield by staking FlexUSD on a Dex.