2022 DeFi Educational Resource Talks About Node Renting/Masternoding

2022 DeFi Educational Resource Talks About Node Renting/Masternoding 

Black Book Crypto releases its new 2022 review of YieldNodes written by Joseph Giove.  In it, he states that as the pandemic highlighted the limitations of the traditional banking system, the decentralized finance (DeFi) industry saw a rapid rise in different types of blockchains. 

A recent addition to this list of technologies is YieldNodes, a multi-tiered economy that capitalizes on masternoding to generate revenue. The new review explains that masternoding is similar to you applying for a bank loan and then offering assets as collateral to secure it. 

In essence, node-renting “stakes” coins to gain masternode status.  It is an effective way of generative blockchain-based passive income but can be challenging to navigate through, especially if you are a beginner. 

YieldNodes simplifies this by allowing investors to be part of a pool of investments that attempt to rent nodes following a high-yield, moderate-risk model.  Using diversified asset nodes, investing in YieldNodes is an easier and more affordable option, Giove states. 

YieldNodes requires a minimum deposit of 500 EUR and regularly releases newsletters on its newest milestones.  Disclaimer: This information does not constitute investment advice or any other kind of advice.

Go to the link in the description to learn more.