GYM NETWORK is a extremely modern DeFi platform that’s the first to introduce internet affiliate marketing to decentralized finance, permitting customers to earn commissions by referring others, whereas taking advantage of the platform themselves.
$13 MILLION TOTAL VALUE LOCKED WITHIN 5 DAYS
GYM NETWORK’s preliminary product, the GYMNET Vault, reached a complete worth locked (TVL) of
$13 million inside the first 5 days after the launch. This excellent end result clearly displays the excessive demand that has already constructed up throughout the pre-launch section with a variety of promoting actions that attracted many new customers to GYM NETWORK and its modern idea.
People love the idea of GYM NETWORK as a result of, for the first time, they now have the alternative to earn affiliate commissions through revenue sharing, merely for introducing others to their favorite DeFi platform. And the simplicity of the system makes it even simpler for the common person to adapt to the DeFi house, which has been the preliminary motivation and the concept behind GM NETWORK.
“GYM Network shouldn’t be about reinventing the wheel however creating one thing new and modern primarily based on present, confirmed programs,” says Alberto Mera, the system designer of GYM Network. “The greatest innovation comes from including rewards to the person for collaborating in the protocol and implementing an affiliate system to be able to obtain affiliate commissions for referring different customers.”
GYM NETWORK’S INITIAL PRODUCT: THE VAULT
GYM NETWORK has formidable objectives specified by a long run roadmap, that reaches forward into 2024, with the imaginative and prescient to grow to be a metaverse that’s combining an ecosystem of various DeFi incomes alternatives, permitting its customers to entry them through a single digital world. The first out there product inside this metaverse ecosystem is the GYMNET Vault which permits customers to deposit their favorite crypto forex (it begins with BNB) and earn an rate of interest on them. As they do that by means of the GYM NETWORK platform, they can even earn rewards in the type of the GYMNET Token.
What the GYMNET Vault does is, it connects to different established DeFi platforms, similar to Alpaca Finance, and places a layer on it that enables the person to not solely earn the rate of interest supplied by these different platforms but in addition the GYMNET rewards. Next to that they now have the alternative to ask different customers through their affiliate hyperlink offered by GYM NETWORK and earn commissions as a revenue share from the rates of interest and rewards of their referred companions. The deposit quantity stays untouched and is absolutely out there to be withdrawn anytime.
“What I actually like about GYM Network is the proven fact that I can earn excessive rewards at low danger and at all times entry my funds each time I wish to,” says a GYM Network investor.
MORE LAUNCH STATS ABOUT GYM NETWORK
Next to the huge improve of the GYMNET Vault in such a short while, there are much more spectacular details that spotlight the big success of the undertaking whereas it’s nonetheless at its very starting:
The market capitalization went from $60 million to $87 million upon
The PancakeSwap liquidity pool went straight as much as $5
The GYMNET token worth went up by 50% inside the first 3 days of buying and selling
ABOUT GYM NETWORK
GYM NETWORK is a completely decentralized protocol working on the Binance Smart Chain. It combines optimum yields with excessive rewards for its customers. Thus, traders get easy accessibility and save numerous valuable time utilizing the DeFi undertaking. Next to that customers may earn commissions by referring new members into GYM NETWORK. The sensible contracts are audited by Certik, a high contract auditing supplier, which has audited main cryptocurrency exchanges similar to Binance and OKEx.
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