Many people have been HODLing a lot of LRC waiting for it to moon. Many traders have now accumulated a considerable amount over this time. However, while waiting for the up move, the LRC you are HODLing is not generating any profits. So how can your LRC generate passive income?
LRC-USDT Dual Investment
With Pionex’s Dual Investment product, you can use LRC as collateral and generate profit. Now you do not worry about HODLing LRC and missing out on gains.
Dual investment enables you to make profits in the process of waiting for LRC’s price to increase.
Let’s pretend you opened a dual investment order in LRC. The picture below shows this order. The investment amount of this order is 503.96414687 LRC, you selected a target price of 1.2 usdt, and the subscription time is from 4 / 30 / 2022 to 6 / 1 / 2022 16:00. At the time of settlement (6/1/2022), if the price of LRC does not exceed your target price of 1.2 usdt, you will keep the LRC plus 22.39% annualized yield no strings attached.
So what happens if the market exceeds 1.2usdt at settlement time? As long as the market exceeds the price selected to sell at the time of settlement, the LRC in hand will sell at the selected price, that is, the LRC will sell at the price of 1.2usdt and obtain an additional annualized profit of 22.39%
How to operate?
APP
1. Click “Earn” under app
2. Click “Structured”
3. Select “Dual Investment”
4. Find “invest LRC” in the currency list
5. The length of time you want to use can be selected at the top of the screen
6. Select the selling price, and the profit after settlement will be displayed on the left
WEB
1. Click “Earn” at the top of the page
2. Click “Structured”
3. Find “Invest LRC” in the currency list
4. Select the selling price, and the income after settlement will be displayed on the left
5. Click “more” below to see more settlement date and selling price
