Wise token price code#

Noticeable is that the price increase of BNB in November 2021 coincides with a similar price change for Ethereum (ETH) - a cryptocurrency where BNB initially originated in 2017 before coming on its own years later.īNB's history: From reward token in 2017 to an ecosystem after 2019As the name suggests, Binance Coin or BNB originally started as an extension of the trading platform - the most used cryptocurrency exchange in the world. Regardless, Binance Coin ranked in the top 10 most expensive cryptocurrencies in 2022. dollars - a value that very different to the all-time high of 600 U.S. In May 25, 2023, for example, a single BNB coin was worth more than 305.96 U.S. To start with, you can stake in WISE as little or as high as you want.The price of the native coin from BNB Chain (formerly BSC) grew by 50 percent in late 2021 but was much lower in 2022. The flexibility of withdrawing your interest and/or liquidating the principal (with a penalty of course) at any time is certainly a plus. It offers better returns than stocks or bonds but is not as risky.

Wise token price code#

The WISE Contract is pure code that cannot be changed and the rules of the contract are fixed.ĭepending on which asset you are comparing WISE to, it has indisputable advantages. With WISE, you no longer have to trust a centralized entity or person with your money, as all the stakes as well as the distribution of interest are managed by the WISE Contract in a transparent and automated manner and without the involvement of humans. Thanks to the massive liquidity pool of WISE, liquidating your stakes is easier than breaking a bank deposit. You can cash out your stake instantly on the Uniswap DEX.

WISE offers immediate liquidity for anyone who wants to sell their tokens. Also, the share price will increase by 15% on the third day of the Circulation Epoch, so you can increase your profits by investing during the period. The earlier you stake, the more shares you’ll get. The value of your WISE stake (shares) will continue increasing with time. WISE gives you better returns than bonds at a reduced risk. Nevertheless, they are not as high as you would want and come with great risk. The returns in traditional investments like bank deposits and bonds are linked to the market. You can withdraw at any time and multiple times during the period. WISE Staking, however, offers withdrawal flexibility by allowing users to cash out their interest at any time during the stake period, without a fee or penalty. Neither will allow you to withdraw your interest before or in the middle of the deposit period.

CDs, on the other hand, will only pay out interest on maturity. Bonds pay out interest on fixed, regular dates. One major difference, however, is in terms of flexibility. You get rewarded in exchange for your deposits. Staking in WISE works more or less like investing in bonds or CDs. Still wondering why or whether you should stake in WISE? Here’s why WISE Staking is the best. The interest rate with WISE is higher than most traditional investments. Also, you can liquidate your funds in case if you are in need of money. Unlike bonds, WISE allows you to withdraw your interest at any time during the stake period. WISE is better than bonds and CDs in terms of flexibility and profitability. In exchange for locking up your WISE in the contract, you’ll earn interest over the staking period. It’s called staking, where you have to lock up (stake) a number of WISE (tokens) in the smart contract for a certain period. You can invest in WISE just like you do in bonds.

As a decentralized, trustless, transparent token, WISE provides an alternative for traditional investment systems like bonds and certificates for deposit (CDs). WISE is an ERC-20 token accompanied by a Smart Contract and based on the Ethereum blockchain.