YouHodler, a fintech platform that helps both beginners and experts access the benefits of the crypto economy, has announced the winners of its campaign dedicated to highlighting the importance of cutting the carbon footprint of Bitcoin.

The winners of the YouHodler initiative to make Bitcoin greener are:

• Michael from Moscow, Russia, who won a Tesla Model 3

• Atlanta from Melbourne, Australia, who received a Vespa Elettrica scooter

• Jean-Pierre from Brussels, Belgium, who got an Electric Mountain Bike

Their photos can be found here.

The campaign was held from September 1 till October 31. All the prizes directly contribute to the reduction of the carbon footprint since switching to electric vehicles is considered one of the most important pillars for slowing climate change. YouHodler has also partnered with ImpactScope, which will offset the carbon footprint of the Bitcoin transactions made by the participants and donate to one of the following projects: grassland restoration in Kenya, wetland conservation in Borneo, or rainforest conservation in Brazil. Thanks to the collaboration, each participant could offset nearly 2.6 tonnes of carbon footprint (the total amount of emissions offset is 334.5 tonnes). 

“On the one hand, crypto tokens have their undeniable benefits that are shared by users all over the world. On the other hand, Bitcoin mining produces as much carbon dioxide as the whole country of Sri Lanka does in a year”, says Ilya Volkov, CEO & Founder of YouHodler. “As a responsible crypto company, we felt it was important to step in and push the industry to work on this issue and ultimately make Bitcoin green”.

YouHodler's solutions open up connections between crypto and the real world, allowing people to use their crypto assets without spending them. YouHodler helps people to learn the benefits of holding cryptocurrencies, avoiding negative or zero rates in comparison with traditional banks saving accounts. The key goal of the company is to make people stop passive holding and start using crypto assets right now. With YouHodler, users can buy and sell crypto at any time, use it for purchases or put it in a reward account generating up to 12% yields. In addition, they can exchange crypto, fiat, and stablecoins and get instant cash and crypto loans with their crypto assets acting as collateral.

About YouHodler

YouHodler is a fintech platform that helps people access the benefits of the crypto economy. It allows users to get instant cash and cryptocurrency loans, exchange crypto, fiat and stablecoins quickly and easily, and earn up to 12% APR + compounding interest by using crypto in their reward account. The platform has the highest loan to value ratio (90%) with minimum loan amounts starting at just $100 and accepts the top 30 coins as collateral with an instant credit card and bank withdrawals included. YouHodler supports BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, DOGE, and other popular cryptocurrencies and tokens. Users' funds are protected with Ledger's industry-leading and independently-certified security technology as well as their insurance program. The company is an EU and Swiss-based brand. For more information, please visit https://www.youhodler.com.

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Cryptocurrencies have facilitated the growth of decentralized finance (DeFi). However, not all of these protocols provide choices that are in the best interests of their users.

Blizz Finance capitalized on these flaws and devised a DeFi protocol that outperforms other well-known protocols.

Some facts about Blizz Finance

Blizz Finance is a decentralized non-custodial liquidity protocol that lets people lend or borrow. On its website, contributors may earn passive income while those in need can apply for funding in various ways.

It can exploit the Avalanche network's scalability and cheap cost per operation.

Unlike AAVE, Blizz Finance does not maintain governance systems and operates via central processes. Fees are used for token exchange and profit margins for users and liquidity providers, and are completely transparent.

Token BLZZ: Properties

Blizz Finance's token, BLZZ, emerges as the core of the dynamics inside its ecosystem and gives the idea that makes the DeFi protocol unique compared to other competitors.

That means 1,000,000,000 BLZZ will be created, with 50% of the profits going to the protocol's users, both lenders and borrowers. Unlike AAVE, which capitalizes all profits.

On the distribution of BLZZ, of the 1,000,000,000 units:

• 50% is destined for lenders and borrowers loan applicants, distributed over a period of five years.

• 20% earmarked as an incentive for BLZZ /AVAX liquidity providers through TraderJoe. This will also be done over a five-year period.

• 10% for Airdrop campaigns and incentives to other associated DeFi communities., this for a minimum of one year.

• 15% will be used to finance the development team.

• The remaining 5% will be part of the treasury.

DeFi 2.0: Dex Liquidity Property Protocol (BLZZ-PODL)

Furthermore, Blizz has already entered DeFi 2.0 by offering a novel liquidity method that outperforms prior DeFi protocols. It's about the protocol's liquidity, which guards against whale investor migration, fixing the present major issue of impermanent loss.

AVAX's treasury incentives are now sent to this new smart contract using the PODL module. This allows users to sell their tokens to the protocol for 10% more. This preserves protocol liquidity and makes BLZZ deflationary.

DeFi protocol fee comparison:

Liquidity mining

Users may stake their assets, and the prizes will be disbursed throughout the three months that the funds remain vested. The money is not unavailable, since the user has complete control over them, even if a fine system is employed for 50% of the assets.

This makes no sense since the penalty imposed on customers who need to withdraw their cash will be shared among those who maintain their funds for the specified period. This encourages stakeholder commitment, rewarding those who follow the rules and penalizing those who do not.

It is important to note that everyone who participates in the Staking program with BLZZ can claim their rewards at any time, without any penalty.

The lending system

Finally, the loan system enables users to lend their bitcoin capital to people in need of cash in exchange for a guarantee and agreed-upon interest.

Anyone seeking a loan must pay it back with the same asset plus interest. If you accept the duty, you should be informed that additional interest may accumulate and your guarantee may be liquidated.

Non-compliance with the conditions increases a certain indicator, which at a certain point demands the liquidation of the guarantee to compensate the lender. This seeks to establish fair conditions for all parties without using a third party.

Cutting fees in half

Unlike other DeFi protocols, Blizz Finance and the BLZZ token are fully decentralized, using the Avalanche network's scalability, dependability, and low operating expenses, cutting Fees for market-leading DeFi protocols in half. 

For more information about Blizz Finance, the BLZZ token, and the platform's goods and services, please visit their website and social media accounts:

• Twitter: https://twitter.com/BlizzFinance

• Telegram: https://t.me/blizz_finance_support

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