Tag: penalty

Exploring how Bitcoin’s non-confiscatable nature will introduce a paradigm shift in dispute resolution and the civil justice system.

London, UK, Mar 15, 2022 - (ACN Newswire) - la2.finance (lala DeFi), a blockchain-based decentralized finance (DeFi) project, has officially launched its DeFi staking protocol, adding farming, staking, and liquidity providing functions in the near future for users thus allowing them to earn lucrative APY against their holdings. With the launch of the staking protocol, lala DeFi allows users of all levels of experience, whether a beginner or a veteran user, to get an advantage out of their cryptocurrencies while staking, all without the hassle of trading themselves.

The lala DeFi Staking Protocol shares some basic concepts as Certified Deposit (CD), investors save their crypto-assets on the platform for a certain length of time, in exchange for high-yielding defined returns. This is a less volatile alternative for the average investors to approach cryptocurrency and makes it another income stream, just like how they do with conventional CDs (certified deposits).

What makes la2 Staking stand out is that it offers approximately 25-50% APY or even more, which conventional investments will find hard to match.

lala Pools

lala offers a variety of staking pools, with varying APY. It offers a staking protocol where users can stake into a particular pool of choice, which differs by the staking length and APYs. There are 4 main categories to choose from i.e. Child's Play, Safe Zone, Great Shark, and Giant Whale, each with varying risk and return margins.

With the Child's play investment option, users will be placing their tokens in a 1-year staking duration with an average yield of 25% APY. An option that's best catered towards new crypto users, to "test the waters".

While child's play offers a 1-year staking duration, the safe zone offers a 2-year staking duration with an average of 30% APY. The safe zone option targets investors who are used to traditional long-term investing, CDs, bonds, and equities.

Crypto Shark offers a 3-year staking duration with an average of 35% APY. This would be better suited for most veterans crypto users who are more used to the concept of hodling and are comfortable with not selling their cryptos regardless of market conditions.

The last category offers 4 years staking option with a massive average of 50% APY. This investment option is best suited for long-term investors who have no intention of selling their assets within the staked length. This will allow these investors to reap massive returns based on their hodling power.

Offering Stable Growth

The la2 Finance platform adopts an Early End Stake penalty for the stakers who end their staking contract prematurely. This discourages stakers from early termination. Additionally, by staking with la2.finance via lala Pools you will also be able to extract value of up to 50% APY and above all from your stakes without the risk of stagnant growth of the stablecoins and risk trading at a possible massive loss.

About la2.Finance

lala is a decentralized finance platform that allows beginner or veteran investors to gain lucrative APY without the hassle of investing or trading by themselves. The team behind la2 consists of technical experts who previously worked for large Internet enterprises with rich experience in blockchain development, senior research analysts who are deeply engaged in multiple blockchain projects, and have an in-depth understanding of the DeFi ecosystem, HODLers, and early investors of BTC and ETH. To learn more about la2.Finance, please visit: https://www.la2.finance. For the latest news and updates regarding lala DeFi, check out our lala Twitter at https://twitter.com/la2_finance. Additionally, you may also join our lala community over at https://t.me/la2finance.

Media Contact
Company: La Finance LTD
Contact: James Lobo
Email: support@la2.finance
Website: https://www.la2.finance/

SOURCE: La Finance LTD

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Ripple’s price skyrocketed 16% on the day before retracing to where it is trading right now and in today’s Ripple news, we can see why. Rippel’s XRP is one of the few large cryptocurrencies which are not flat in the past day but surged by 16% before retracing. It seems that the most recent development […]

Lido is a platform built on Ethereum 2’s Beacon Chain.

The post What Made Lido a Top ETH Staking Platform? appeared first on CryptoSlate.

His Majesty Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates and Ruler of Dubai, has signed the world’s first law on virtual assets regulation. The regulation was enacted with the goal of making Dubai a prominent actor in shaping the future of virtual assets while also encouraging responsible economic growth. Sheikh Mohammed confirmed that Dubai will play a significant role in shaping the worldwide future of virtual assets: “Today, we are engaged in shaping the global future of virtual assets.” Sheikh Mohammed emphasized that Dubai possesses all of the qualities that make it one of the most important worldwide centres for virtual assets, particularly the advanced regulatory environment. اعتمدنا اليوم في دبي أول قانون من نوعه لتنظيم الأصول الافتراضية Virtual Assets .. وأسسنا سلطة مستقلة للإشراف على تطوير أفضل بيئة أعمال في العالم للأصول الافتراضية تنظيماً وترخيصاً وحوكمةً واتساقاً مع الأنظمة المالية المحلية والعالمية .. pic.twitter.com/tqYEJdeuwh — HH Sheikh Mohammed (@HHShkMohd) March 9, 2022 “In terms of organization, governance, and security,” he continued, “Dubai will deliver the most advanced virtual asset ecosystem.” “Approving the virtual asset law and establishing the Dubai Virtual Asset Regulatory Authority is a vital step that establishes the UAE’s position in this sector… a step that aims to help the sector to grow and protect investors.” Dubai Virtual Assets Regulatory Authority (VARA) The Dubai Virtual Assets Regulatory Authority, a Dubai World Trade Centre affiliate, will be in charge of overseeing and monitoring regulations and disclosures. The Authority will oversee and regulate the emirate’s future growth of virtual assets. It would also grant virtual asset service providers licenses and safeguard beneficiaries’ personal information. Activities subject to VARA authorization are: Operating and managing virtual assets platforms services; Exchange services between virtual assets and currencies, whether national or foreign; Exchange services between one or more forms of virtual assets; Virtual asset transfer services; Virtual asset custody and management services; Services related to the virtual asset portfolio; Services related to the offering and trading of virtual tokens. The authority is also tasked with organizing and establishing the rules and controls that govern the conduct of virtual asset activities, according to the law. This covers management, clearing, and settlement services, as well as the classification and specification of virtual asset types. To conduct business, anyone intending to engage in any of the virtual asset operations must first establish a presence in Dubai. With the exception of the Dubai International Financial Centre, the law’s provisions apply across the emirate, including special development zones and free zones. Violation of this law could result in: The penalty of a fine; Suspension of the permit for a period not exceeding six months; Cancellation of the permit; and Cancellation of the commercial license. The new law and the establishment of the Authority, according to Helal Saeed Al Marri, Director General of the DWTCA, will strengthen the UAE and Dubai’s position in the virtual asset sector and attract leaders from all over the world. The Dubai Virtual Asset Regulatory Authority, according to Al-Marri, would provide a comprehensive spectrum of VA services in collaboration with the UAE Central Bank and the Securities and Commodities Authority.

The post Sheikh Mohammed Approves Law to Regulate Virtual Assets appeared first on Cryptoknowmics-Crypto News and Media Platform.

Key Takeaways The SEC has charged John and JonAtina Barksdale with fraud in excess of $124 million for an alleged cryptocurrency scam. The siblings have...

The post 🔴 eBay and Airbnb to Accept Crypto??? | This Week in Crypto – Mar 7, 2022 appeared first on 99 Bitcoins.

 eBay and Airbnb consider crypto payments, the EU postpones cryptocurrency regulation and Ukraine issues …

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The Financial Conduct Authority (FCA) announced today that it has imposed a penalty of £783,800 on Barclays, the financial services giant in the UK, for oversight failings in the bank’s relationshi...

The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in prison,” said the U.S. Department of Justice. Bitconnect’s Founder Could Go to Prison for 70 Years The U.S. Department of Justice […]