How does ModiHost's Pool Lending work.
14 Apr 2021, 02:19
📚How does ModiHost’s Pool Lending work
ðŸ’In times of negative interest rates, investors are looking to get out of cash and move to assets that generate returns. Staking could be the answer. Many exchanges provide opportunities to stake tokens and in exchange earn rewards. One can safely earn 5% per annum on a popular digital asset such as ETH.
ðŸ’At Modihost we have developed a similar mechanism to staking that rewards buying and holding of AIM tokens. It’s called a lending pool - which has token holders on one side who provide the liquidity and hotels on the other hand that need tokens to use the system.
ðŸ’In this short article we give some high level insights into pools and how we implemented them in our Hotel Management System (HMS) to make the ecosystem, whilst providing incentives to all participants.
📌Details:
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