In the last introduction part, I have already shared the Binance Earn Cheat Sheet which includes 9 different methods of earning passive income. (If you haven't read that post, you can take a look at the below image to know what methods I'm going to talk about)

Now, it's time to dive deeper in the first chapter:
Low risk tools
I mean, they are not hard, I guess.
With simple earn, you just need to register your stablecoin to earn passive income day by day. Or with Launch pool, you can do the same with stablecoin, to earn the featured token as profit (in case that coin goes bloom in the future, you got some extra profit). With Launchpad, normally requires you to hold an amount of BNB to be qualified to earn (rewarded as token)
If it's that simple, then what is the point of this article?
I can tell you that, if you buy any coin in spot trading, and you keep it in your spot wallet, they are all dead money! Am I talking about staking these coins? No, with 1% of APR, it's suck!
Here comes the #lending
Do you know that, if you have an amount of (e.g) Bitcoin, or Etherium or any coin or token in your wallet, you can use them to borrow stable coin from Binance with a very low fee?
With lending, you can borrow up to somewhere 70% of stablecoins according to your coin value.

Let's say you have 100 USD value in BTC, you can borrow 70 USDT and send that money to any other earning tool with higher APR than what flexible earn provides you (the highest one I saw in the past was in Launch pool, about 2 years ago, the APR was around 35% if I wasn't wrong)
Too long, didn't read:
You already had some coins to hold -> borrow USDT with these coins as mortgage -> register USDT to some higher APR% to optimize earning profit
Warning: Should not do this in extreme bear market
When your coin price drops below a certain point, but you haven’t repaid your lending, Binance will #liquidate your asset to automatically repay.
Although you can just use the USDT you borrow to immediately buy back the coins, it will be a waste in terms of trading fee
In the next part, there will be more wonderful and technical things to come up. Follow to #LearnAndGrow #Write2Earn

I am writing this article about PacFinance, an innovative player in the decentralized finance (DeFi) landscape. If you're interested in becoming a part of our journey and exploring the myriad of opportunities Pac Finance offers, we invite you to join our team using the invitation code: 7B836.

In the rapidly evolving world of decentralized finance (DeFi), the launch of Pac Finance on the Blast Layer 2 (L2) network represents a significant leap forward, offering a unique blend of innovation, security, and user-centric features that stand out in the crowded DeFi landscape. Pac Finance is heralding a new era as the first self-paying lending and margin trading protocol on Blast L2, equipped with features that are designed to maximize user earnings and streamline operations in ways previously unimagined.
Revolutionizing Lending and Trading with Pac Finance
Pac Finance is engineered to offer a comprehensive suite of lending and trading solutions, focusing on dual automatic compounding and one-click leverage to optimize user investments. What sets Pac Finance apart is its commitment to passing 100% of Blast developer rewards back to its users, along with additional airdrops, making it an attractive platform for early adopters and seasoned DeFi enthusiasts alike.
Key Features of Pac Finance
Hybrid Lending: Pac Finance introduces a flexible lending model that incorporates both peer-to-peer and peer-to-pool lending, catering to diverse user preferences and risk profiles.Native Yield: Users have the opportunity to amplify their earnings through native yield mechanisms, a testament to the innovative underpinnings of the Blast L2 network.Gas Refund: In a move to enhance user satisfaction, Pac Finance ensures that the gas fees refunded by Blast are fully returned to the users, mitigating one of the common pain points in blockchain transactions.Developer Points Sharing: Emphasizing its user-first approach, Pac Finance redistributes Blast airdropped points entirely to its users, fostering a community-centric ecosystem.One-click Leverage: The platform simplifies the process of leveraging user positions, enabling higher earnings through a single-click operation.Self-repaying: Pac Finance's novel feature allows users to offset current debts with future earnings, enhancing financial flexibility.
Why Choose Blast? A Benchmark in Layer 2 Innovation
Blast L2 emerges as a beacon of innovation in the Layer 2 blockchain space, offering groundbreaking features that redefine the user experience and economic efficiencies of blockchain interactions.
Native Yield: At its core, Blast introduces Native Yield, a pioneering mechanism that boosts the earning potential within the blockchain arena. This feature facilitates a more efficient asset utilization, marking a significant advancement in passive earning strategies.Zero Gas Fee Experience: Blast tackles the challenge of gas fees head-on, providing a Zero Gas Fee experience to its users. This initiative significantly enhances the accessibility of the blockchain ecosystem, inviting a wider audience to explore the benefits of DeFi.
Pac Finance: A Secure and Open-Source Protocol
Pac Finance stands as a testament to security and transparency in the DeFi space. Subject to rigorous audits and built on a fully open-source foundation, the protocol ensures secure storage of funds through smart contracts verified and audited by reputable third-party firms. This level of openness not only guarantees the safety of user funds but also facilitates the development of custom third-party services and applications, enriching the ecosystem.
Conclusion
The introduction of Pac Finance on Blast L2 is a milestone in the DeFi industry, offering a unique blend of user-centric features, security, and innovation. As the first self-paying lending and margin trading protocol on Blast L2, Pac Finance is set to redefine the standards of decentralized finance, making it more accessible, profitable, and secure for users worldwide. In embracing Pac Finance and Blast, users are not just participating in the DeFi movement; they are stepping into the future of finance, today.

#Blast $BLUR #lending $ETH