Analyst Calls USDC Rewards From Octoblock “Genius” Ahead of Upcoming BTC Halving

The post Analyst Calls USDC Rewards From Octoblock “Genius” Ahead of Upcoming BTC Halving appeared first on Coinpedia Fintech News

Octoblock’s USDC rewards ahead of BTC halving adds excitement to the expectant crypto arena. According to one crypto analyst, the ‘’genius’’ move by Octoblock will redirect profitability focus to investor welfare which will spur a mass crypto adoption.  The move to incentivize users with stablecoins beats the fluctuating nature of cryptocurrencies, miners’ halved rewards, and the expected Bitcoin halving impact on the broader crypto scope.

Bitcoin Halving Implications

Bitcoin Halving stamps BTC as a deflationary asset prone to supply-demand mechanics. The event, featuring slashed mining rewards, could make Bitcoin more attractive as a deflationary asset leading to increased investment and higher valuations. However, investors would reconsider their portfolios and invest in alternative exposures to Bitcoin without relying on miners. Historically, the effect reverberates across the crypto arena through investor sentiment. The increased attention on Bitcoin will stimulate innovation and development in the sector. The surge in interest could benefit credible projects like Octoblock, with a focus on mass adoption.

Octoblock’s Genius Rewards Strategies

The innovative Octoblock narrative excites mass adoption as its products are deemed user-centric by investors and crypto analysts. The platform lays out several initiatives with investors in mind. For instance, the Crowd Funded Yield Farming (cFyF) tech presents a winning formula for the platform’s investors. It encourages collective participation for higher yields and a bargain vehicle.

The Octoblock ICO has progressed into phase three with a discounted price of $0.037 and a 13% bonus. The ICO is designed to generously reward the investor, given the available goodies on offer, including entry into the Tesla draw for a chance to win a Tesla Model 3 and USDC airdrops. Each token purchased equates to one entry.

OCTO tokens acquired through the ICO phases before launch are immediately deployed to the ICO staking process. OCTO’s staking rewards are higher than those provided by most players in the market, currently posting an impressive 185.5%. The Nautilus Trove will credit USDC each week to investors’ accounts as a recognition of their early adoption and to ensure meaningful capital rollover throughout the ICO stages.

USDC allocation will be distributed to the wallet addresses registered in investor’s Octoblock accounts. USDC cannot be distributed without a wallet address, and investors who do not provide any will receive only the OCTO tokens. The USDC stablecoins allocation considers the APY earned by the invested tokens each week and the existing APY is displayed on the Octoblock’s website for transparency.

The ICO staking returns are computed based on the OCTO tokens price at a particular stage of the presale. Distributions to be made after launch will reflect the current OCTO price at the time the snapshot is taken.

The Nautilus Trove acknowledges that the APY may in the future fluctuate, and strives to maintain it at levels that are not below 10% during the ICO phase, by utilizing Beefy Finance.

Find more information here:

Buy OCTO: https://reef.octoblock.io/register

Website: https://octoblock.io/