How you can MAXIMIZE your Returns on ThunderCore Hub!
The ThunderCore Hub is one of the easiest wallets out there for anyone who may be new to the crypto space. At the same time, due to the various DApps and quests, it is also one of the best places to maximize your returns on ThunderCore.
Introduction
The ThunderCore Hub is a wallet that supports the ThunderCore Blockchain. The main feature of the ThunderCore Hub includes a Home page with a lot of DApps, a Wallet tab for you to keep track of your assets, a quest tab with fun and intuitive ways to earn TT (Thunder Token) rewards by completing tasks, a Swap (TTSwap) landing page for anyone to swap their assets directly from one of the leading DEXes on ThunderCore — TTSwap, as well as a settings tab.
The ThunderCore Hub is one of the easiest wallets out there for anyone who may be new to the crypto space. At the same time, due to the various DApps and quests, it is also one of the best places to maximize your returns on ThunderCore. This article will go through some of the ways that you can earn TT and/or invest to maximize your returns on the ThunderCore Hub.
DApps on the ThunderCore Hub
The ThunderCore Hub features a growing list of DApps which can be accessed right from the “Home” tab. By clicking on and entering the Home tab, you’ll see different categories and lists of DApps. Some of these DApps such as TT Mining and TTSwap are official DApps by the ThunderCore team, others such as Ram Protocol & TT Farm are developed by third-party developers. If you are new to the ThunderCore Hub or if you’re considering downloading the ThunderCore Hub, here are 3 DApps that we recommend you check out to maximize your returns on the ThunderCore Hub.
1. TT Mining
We highly recommend TT Mining on the ThunderCore Hub. It’s an official DApp introduced by the ThunderCore team which allows you to earn stable returns (APR = Annual Percentage Rate) for simply holding TT or TT-USDT in your ThunderCore Hub wallet with no lockups and no strings attached!
Earn 5% APR on your TT-USDT holdings and up to 16% APR on your TT holdings! Check out the holdings APR table below:
Every time you claim your rewards you have a chance of winning an additional lucky bonus just by claiming your reward!
Pro Tip: Remember to claim your rewards at least once every 7 days.
2. Ram Protocol
Ram Protocol is the first lending DApp built on the ThunderCore blockchain. Through Ram Protocol, anyone is able to both lend and borrow TT20 assets.
Currently, Ram Protocol supports the following assets:
- TT
- TT-BUSD
- TT-USDC
- TT-USDT
- TT-ETH
- TT-BNB
- TT-HUSD
- TT-HT
- TT-WBTC
Anyone with any one of these supported assets above can lend out their tokens to earn an APY interest as well as mine RAM tokens additionally. The interest that you receive on your lent tokens will be directly added to your lent-out balance. In addition to the interest that you receive, you will mine RAM tokens and will need to claim them periodically.
After claiming your RAM tokens, you can choose to hold them or sell them on TTSwap for any token of your preference which additionally boosts your returns from Ram Protocol. Note that while you can earn a stable interest on your tokens, the interest percentage (APY) fluctuates periodically and the volatility of the value of RAM tokens can either appreciate or depreciate according to the market’s demand will affect your ultimate returns. Thus, please be cautious when investing.
Ram Protocol’s lending feature is a feature that’s recommended to those who like to hold their crypto asset. The concept is to earn interest while you HODL on the ThunderCore Hub. Please be reminded that Ram Protocol is still in beta mode so invest and use their services at your own risk.
3. TT Farm
TT Farm is a farm on the blockchain, specifically the ThunderCore blockchain. TT Farm allows anyone to spend their assets to purchase animals which gives you a return. Essentially it’s a DeFi product that is marketed in the form of cute animals.
On TT Farm, you get a chance to earn an arbitrary return along with an APR on each animal that you purchase.
To purchase an animal on TT Farm, you will need to have one of the following assets (TT-USDT, TT-USDC, TT-BUSD, TT-HUSD, FTT, TT). Each animal’s cost and returns will be shown on the user interface.
Cost of an animal:
In this example, the product “PUMP” costs 1000 TT-USDC.
Return on investment:
The returns can be found by clicking on the “i” (info) on the top right corner of each animal/product. You will get information such as your total returns and returns per claim.
In the case of the product PUMP, at the time of writing, if you spent 1000 TT-USDC, you will receive approximately 80866.516 TT within a span of 4 days. With great returns comes great risk! Since the value of TT fluctuates, your actual return on investment may fluctuate due to the price volatility of TT. However, the returns promised at the time of your purchase will not change as long as you claim all your produce on time. So be cautious when investing or purchasing on TT Farm.
Every now and then, a Limited Edition animal with an extremely high APR is released so make sure to follow TT Farm’s Twitter and Join TT Farm’s Telegram Group to get the latest information on the newest campaign and drops on TT Farm!
Quests on the ThunderCore Hub
The ThunderCore Hub is like no other crypto wallet out there! As part of the wallet, there is an inbuilt “Quest” tab found on the bottom.
Every day you can complete intuitive quests to Maximize your Returns on the ThunderCore Hub! For every quest that you complete, you will receive TT which is added directly into your wallet.
There are two main types of quests:
1. BOGO for Gamers
BOGO — Buy one get one is a scheme where you get to spend TT in the DApp shown on your quest page and you’ll get the same amount back. You’ll be able to spend TT and get the same amount back!
2. Twitter Social Promoter:
Every now and then, there will be social promoter quests available. To be eligible for the rewards, all you need to do is link your Twitter to the ThunderCore Hub and then retweet the Tweet shown and you can claim the TT rewards!
ThunderCore Hub is one of the best choices out there!
The ThunderCore Hub is easily one of the best choices out there, whether you’re an experienced crypto trader/holder or if you’re just getting started with cryptocurrencies, there are a lot of methods and DApps out there that allow you to maximize your earning potential! While there are also yield farming or even lending platforms on other blockchains such as Ethereum, the unique characteristics of ThunderCore’s blockchain make it much more suitable for both new crypto users and experienced crypto users.
A lot of features such as TT Mining or Quests are only available on the ThunderCore Hub and we highly recommend you to try out all the other DApps on ThunderCore to Maximize your Returns! Making side and passive income on the ThunderCore Hub is entirely possible on the ThunderCore Hub!
