Since May 2020, the combined total value locked (TVL) into major DeFi protocols has seen a massive rise from nearly $1 billion to $88 billion.
Keeping up with this growth requires a platform to innovate continuously and offer new value-added solutions regularly. While TeraBlock has consistently exhibited its innovation prowess from day zero, it has also been alert to keep including new services to its portfolio at regular intervals.
It’s becoming a part of UniFarm’s 12th cohort is the latest example of the latter type of effort. Yet, before delving deeper into the advantages of becoming a part of this cohort, let’s have a detailed look at Terablock’s unique service offerings.
TeraBlock’s DeFi USP: features and benefits
Terablock earns the most of its repute from its automated cryptocurrency to portfolio management solution. It also attracts a lot of users with its secured wallets, insured user funds, and native debit and credit card support to buy cryptocurrency.
All these features go a long way in including novice traders, and part-time traders into the larger user base of TeraBlock.
Terablock also has a robust ecosystem that includes support from some of the leading cryptocurrency firms, such as Binance and ScaleX ventures.
While the collaboration with Binance helps TeraBlock with high-grade solutions on security, technology, and liquidity, the ScaleX collaboration plays a big role in fueling its future growth.
Empowered by innovation and a robust ecosystem, TeraBlock maintains a highly incentivizing system for its stakeholders, the holders of its native TBC tokens. TBC owners do not need to pay fund management fees for automated portfolio management and index automation.
It also helps users with trading fee discounts and several other sorts of perks. Adding to these benefits, comes the latest, Terablock’s inclusion into UniFarm’s 12th cohort.
UniFarm 12th cohort inclusion: what it means for TBC holders
UniFarm’s Cohort 12 is a gamut of five cryptocurrency assets: UniFarm (UFARM), Razor (RAZOR), StackOS (STACK), network (NTVRK), and TeraBlock (TBC). The operating principle of this cohort empowers the holder of any one of these tokens to stake his holding and earn the other four.
On one hand, it helps diversify one’s portfolio with five assets instead of one, while, on the other hand, it brings a much higher rate of APY than what one would have earned with a single token.
The promised return hovers between 36% and 250%. The longer one stakes, the higher is the rate of return. The offer is valid for 90 days, starting from June 14, 2021.
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