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Disclaimer: All information is for educational purposes only and are not intended to constitute legal, tax, accounting or investment advice. I am not a professional financial advisor, attorney or account, nor am I holding myself out to be. There is no guarantee that you will earn any money using the techniques and ideas mentioned in this video. All financial opinions expressed are from personal research and experience. The information, opinions and views contained herein have not been tailored to the investment objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Your level of success in attaining the results claimed will require hard-work, experience, and knowledge.
For the newcomers to my series on Passive Income Node Strategies, otherwise please skip the Introduction to Nodes.
A blockchain is a digital ledger of transactions that is duplicated and distributed across a network of computer systems.
Most blockchains support one or more cryptocurrencies.
A cryptocurrency or crypto token is a digital currency that has no regulating authority and instead uses a decentralized system to record transactions.
It relies on cryptography to prevent fraud and counterfeiting.
To support cryptocurrencies and other transactions, blockchains need miners and nodes. A miner writes transactions to the blockchain and is rewarded for doing so. A node keeps a full copy of blockchain transactions yet is not rewarded. The more nodes running on a blockchain the more resilient it is against catastrophe and corrupt actors.
While all nodes are beneficial, full nodes with a copy of the blockchain
with 24/7 uptime provide the most value. However while full nodes are critical to the infrastructure of a well-performing blockchain, they are hard to create and expensive to operate.
Pentagon Finance is a protocol built on the Polygon Network designed to deliver high yield Defi-as-a-Service (DaaS) to its investors. The main goal of Pentagon Finance is to create easy to access, safe, reliable and lucrative passive-income through the creation of Pentagon Nodes. An easy to use interface with decreased interaction from the user on the DeFi-space will minimize risk and in turn increase overall profits.
What DaaS means for Pentagon Finance, is the ability to earn lucrative and reliable passive-income by creating Pentagon Nodes.
These are created with Pentagon Finance’s own token: $PENT.
The creation of Pentagon Nodes inject value into the Pentagon Finance treasury, where portions of the treasury are allocated and invested into different Defi-protocols with varying levels of risks. The revenue that the protocol earns from these investments can then be injected back into the PENT token through methods such as buybacks. The allocations and portions will all be voted on and decided by the community. All participants will have a say in the protocol!
At time of publishing, 1 $PENT costs $95.09
Lesser (White)
- Costs 1 $PENT
- Earns 0.0125$PENT/Day ($1.19 Daily)
- 80 Day ROI at 1.25%/Day
Common (Purple)
- Costs 5 $PENT
- Earns 0.0718/Day ($6.82 Daily)
- 70 Day ROI at 1.436%/Day
Legendary (Yellow)
- Costs 10 $PENT
- Earns 0.1651/Day ($15.70 Daily)
- 61 Day ROI at 1.651%/Day
Omega
- Cannot be bought by $PENT
- Obtained by fusing 10 Legendary Nodes together (100 $PENT)
- Can only have one per wallet.
- Earns 1.9812 $PENT/Day ($188.39 Daily)
- 51 Day ROI at 1.9812%/Day
The maximum amount of nodes a wallet can hold is 100. Fusion helps increase rewards as it enables users to continuously create new lower tier nodes that can later be fused to free up space.
- 5 Lesser Nodes can be fused into 1 Common Node
- 2 Common Nodes can be fused into 1 Legendary Node
- 10 Legendary Node can be fused into 1 Omega Node
There is a tax in PENT proportionate to the tier of the nodes you are going to be fusing. Fusing lesser nodes into a common node will require a lot less fees than fusing legendary nodes into an omega node.
The tax in PENT used in Fusion will be burned, and removed from the circulating supply.
Staking is a function in the Pentagon Finance protocol that allows you to lock-up your tokens for a certain period of time in return for rewards in the native token.
Similar to the creation of a node, you pick a tier but instead of permanently locking up your tokens you stake them for a certain time, earning the same rewards as you would with the tier you chose.
When the staking period is over, your node disappears and you will receive your staked tokens plus any accumulated rewards.
The main benefit of using the staking function is being able to earn rewards and participate in the protocol without having to permanently lock up your tokens.
When staking you will pay the upfront cost for a node, and then a tax on rewards you earned during the period you staked.
Staking for a longer period of time will reduce reward-taxes, while staking for significantly shorter periods will increase taxes and will not reward as much.
- $PENT Contract : 0x283366bb42ef49a994913BAF22263c6562e588a4
- LP : 0x2e72762519aa584242a3de619d487ac8a354f8b9
- Treasury : 0x064a4fB29a53b8B0ffEC43C1dFD38F18B29a286a
- Vault : 0xE339CF3C5034bc4A07A70467460295c3a0638aAA
- Team : 0xbBc7d865AcC07f8ab3eb6Bb304e3d79bCc3C4FB9
- Reward pool : 0x8be65a4a56E1bE98FDa1024636e6Bc5FEEe4842B
Once again, Thank you for reading so far! :)
For more information check out their discord here for the latest news and updates.
Follow me & Clap to get the early access to more projects such as these.
If you join using my referral here, I will refund you 3% of your initial investment, allowing you to recover 10% ROI by the first day!
Once you have joined, either respond to my post, message me on Twitter or my Telegram Community with your wallet address and a screenshot of your initial investment and I will send you 3% of your initial investment.
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