1 week, $127 in returns. How?

Disclaimer!!! The articles that I write are merely a journal of my investments and by no means financial advice(s). In my first article, I openly talk about the truth of such projects.

Today, I publish my ninth investment — BUSDPayCheck. Once again, thank you so much for tuning in! I always appreciate the support more than ever.

It is just as the name describes. We don’t get paid daily or every other odd day. Instead, we get paid weekly, like a pay-check. It is similar to my last article on BUSDCropsYieldFarmer where the rate of return is also constant but this time, at 12.70% week. In addition, TVL volatility will be managed by a function that I will discuss further in detail below. I also think that 12.70%/week (1.8%/day) is a low and sustainable figure.

My Investment

Initial investment: $50 (1)+ $250 (2)= $300

Withdrawal per week is constant at 12.70% or $38.10 (0.127 * $300).

$1,000 invested will yield a fixed $127/week.

Done and Dusted! Time to retire!

What is BUSDPayCheck?

BUSDPayCheck is a “miner” which sets you up for a fixed rate of return at 12.70% per week. Withdrawals are strictly set to be weekly — you can’t withdraw daily even if you wanted to. This is an inspiration of the famous 6–1 strategy derived from BakedBeans.

Why Did I Invest?

BUSDPayCheck is the first to propose this idea. It forbids daily withdrawals to prohibit extensive outflow of money. That is, the outflow of money may be delayed. This is a sure-fire measure to ensure that the TVL does not evaporate in an instant if in the unfortunate scenario, is decreasing.

This project takes 8 weeks to recover our initial investments which is twice or thrice more than the usual 20 or 30 days. With a lower rate of return, the project may be more sustainable.

Lastly, an action to withdraw or compound is required at the end of the 7 day period. If an action is not taken, no further rewards will be earned. This measure is awesome and WILL economically prevent a volatile TVL.

*I just love constant returns. Fluctuations in value? That is one less thing to worry about.

Getting Started

Visit this link to get started. Get your MetaMask ready. Then, connect your wallet. You need to first have BUSD in your wallet on the BSC. You will also need some BNB for gas fees. After you have done both of the above, you can proceed to deposit.

From then on, just sit back and watch. Set your calendar or alarm to T+7 days from when you invested. Be very ready to withdraw/compound by then.

*Please take note that you will not receive any additional rewards until you perform an action!

My Strategy

My investment of $300 is standard and I do not intend to expose myself to time-risk. As such, I will do zero compounds and withdraw weekly.

I expect to get back my initial investment on Week 8.

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Invest only what you can afford to lose!!!

Do not put all your eggs into one basket!!!

I will be posting weekly updates. Stay tuned!

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If you found this article helpful, I would really appreciate it if you could use my referral link below :). It also helps me to produce contents like this.

Link: https://busdpaycheck.org/?ref=0x01214f2487dDd5f1532D82C2E7497B395e69c388

Interested in another project? Check them out!:

SolarFarm

BakedBeans

BUSDCropsFarmer

BUSDCropsYieldFarmer

BUSDPayCheck

Revelates

BNBMiner

ChickenLand

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Disclaimer!!! The articles that I write are merely a journal of my investments and by no means financial advice(s). In my first article, I openly talk about the truth of such projects.