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These are the user uploaded subtitles that are being translated: 1 00:00:00,033 --> 00:00:02,266 Take your invest to the next level. 2 00:00:02,266 --> 00:00:03,366 Achieve maximum 3 00:00:03,366 --> 00:00:06,366 growth with minimal effort and risk. 4 00:00:06,500 --> 00:00:08,500 The idea for crypto tax was launched 5 00:00:08,500 --> 00:00:09,600 in 2017 6 00:00:09,600 --> 00:00:10,566 by an independent 7 00:00:10,566 --> 00:00:11,900 and free group of crypto 8 00:00:11,900 --> 00:00:14,100 experts and visionaries. 9 00:00:14,100 --> 00:00:16,000 Crytek says the link between modern 10 00:00:16,000 --> 00:00:18,300 financial instruments and crypto 11 00:00:18,300 --> 00:00:19,200 through crypto checks 12 00:00:19,200 --> 00:00:21,133 and the defi hybrid contract 13 00:00:21,133 --> 00:00:23,266 one gains a certain independence 14 00:00:23,266 --> 00:00:24,566 because shutting down defi 15 00:00:24,566 --> 00:00:26,700 protocols is practically impossible 16 00:00:26,700 --> 00:00:29,266 even in the most severe crises. 17 00:00:29,266 --> 00:00:30,333 For this reason, 18 00:00:30,333 --> 00:00:32,133 despite all transparency, 19 00:00:32,133 --> 00:00:33,933 discretion and anonymity, 20 00:00:33,933 --> 00:00:36,133 a stable return on investment plays 21 00:00:36,133 --> 00:00:39,133 the biggest role at crypto tax. 22 00:00:39,233 --> 00:00:40,900 Cryptic says core business says 23 00:00:40,900 --> 00:00:42,300 Defi staking 24 00:00:42,300 --> 00:00:43,866 staking offers investors 25 00:00:43,866 --> 00:00:44,500 an easy way 26 00:00:44,500 --> 00:00:46,000 to use their digital assets 27 00:00:46,000 --> 00:00:47,433 to generate passive income 28 00:00:47,433 --> 00:00:49,500 without having to sell them. 29 00:00:49,500 --> 00:00:50,700 You can think of staking 30 00:00:50,700 --> 00:00:51,466 as the crypto 31 00:00:51,466 --> 00:00:52,733 equivalent of putting money 32 00:00:52,733 --> 00:00:55,366 into a high interest savings account. 33 00:00:55,366 --> 00:00:56,266 When you put money 34 00:00:56,266 --> 00:00:57,700 into a savings account, 35 00:00:57,700 --> 00:00:59,000 the bank takes that money 36 00:00:59,000 --> 00:01:01,533 and typically lends it out to others. 37 00:01:01,533 --> 00:01:02,333 In exchange 38 00:01:02,333 --> 00:01:03,300 for keeping that money 39 00:01:03,300 --> 00:01:04,100 in the bank, 40 00:01:04,100 --> 00:01:04,833 one receives 41 00:01:04,833 --> 00:01:07,400 a portion of the interest from the loan. 42 00:01:07,400 --> 00:01:09,866 Similarly, in staking, crypto 43 00:01:09,866 --> 00:01:11,000 holdings are locked up 44 00:01:11,000 --> 00:01:12,266 in order to participate 45 00:01:12,266 --> 00:01:13,766 in the blockchain operation 46 00:01:13,766 --> 00:01:16,033 and the maintenance of its security. 47 00:01:16,033 --> 00:01:17,066 In return, 48 00:01:17,066 --> 00:01:18,833 daily rewards will be received, 49 00:01:18,833 --> 00:01:19,866 which are calculated 50 00:01:19,866 --> 00:01:21,966 in percentage returns. 51 00:01:21,966 --> 00:01:23,966 These yields are typically much higher 52 00:01:23,966 --> 00:01:26,833 than any interest rate offered by banks. 53 00:01:26,833 --> 00:01:28,700 Staking has become a popular way 54 00:01:28,700 --> 00:01:30,466 to generate profits with crypto 55 00:01:30,466 --> 00:01:33,300 without having to trade cryptocurrency 56 00:01:33,300 --> 00:01:34,500 at crypto decks. 57 00:01:34,500 --> 00:01:35,900 This crypto stock is made 58 00:01:35,900 --> 00:01:37,066 available to the client 59 00:01:37,066 --> 00:01:38,733 for a set period of time 60 00:01:38,733 --> 00:01:41,133 in exchange for a small fee. 61 00:01:41,133 --> 00:01:42,200 This eliminates the 62 00:01:42,200 --> 00:01:45,100 client's own investment risk 63 00:01:45,166 --> 00:01:46,733 at its heart as the crypto checks 64 00:01:46,733 --> 00:01:48,400 customer wallet in conjunction 65 00:01:48,400 --> 00:01:50,933 with the defi hybrid contract. 66 00:01:50,933 --> 00:01:52,866 The wallet is completely anonymous 67 00:01:52,866 --> 00:01:54,900 and is only associated with its number 68 00:01:54,900 --> 00:01:57,166 and the owner's email address. 69 00:01:57,166 --> 00:01:57,933 The crypto 70 00:01:57,933 --> 00:01:59,733 wallet is covered by an insurance 71 00:01:59,733 --> 00:02:02,033 in the amount of 108,000 U.S. 72 00:02:02,033 --> 00:02:03,166 dollar. 73 00:02:03,166 --> 00:02:04,466 Through this insurance, 74 00:02:04,466 --> 00:02:05,366 the bank provides 75 00:02:05,366 --> 00:02:08,500 a loan in the amount of 43,200 U.S. 76 00:02:08,500 --> 00:02:09,600 dollar. 77 00:02:09,600 --> 00:02:11,400 The installments for the insurance 78 00:02:11,400 --> 00:02:12,966 and the interest for the loan are paid 79 00:02:12,966 --> 00:02:15,700 from the subsequent staking profits. 80 00:02:15,700 --> 00:02:18,266 Now the defi hybrid contract is concluded 81 00:02:18,266 --> 00:02:19,333 with a term of five 82 00:02:19,333 --> 00:02:21,000 or if desired, seven years 83 00:02:21,000 --> 00:02:23,766 in which moment the 43,200 U.S. 84 00:02:23,766 --> 00:02:24,833 dollars are transferred 85 00:02:24,833 --> 00:02:26,800 to the crypto wallet. 86 00:02:26,800 --> 00:02:28,333 The fee for signing a defi 87 00:02:28,333 --> 00:02:30,466 hybrid contract is 100 U.S. 88 00:02:30,466 --> 00:02:30,866 dollars, 89 00:02:30,866 --> 00:02:32,666 and a maximum of 20 contracts 90 00:02:32,666 --> 00:02:33,966 can be signed without needing 91 00:02:33,966 --> 00:02:36,166 a verification procedure. 92 00:02:36,166 --> 00:02:38,566 After the 43,200 U.S. 93 00:02:38,566 --> 00:02:40,500 dollars are positioned in the wallet, 94 00:02:40,500 --> 00:02:42,366 they will automatically participate 95 00:02:42,366 --> 00:02:44,233 in the defi staking of crypto decks 96 00:02:44,233 --> 00:02:45,566 and the profit will be credited 97 00:02:45,566 --> 00:02:47,500 to the wallet daily seven days a week. 98 00:02:47,500 --> 00:02:49,233 From that point on, 99 00:02:49,233 --> 00:02:50,866 at the end of the contract, 100 00:02:50,866 --> 00:02:52,666 the loan will be repaid to the bank 101 00:02:52,666 --> 00:02:54,800 and the defi hybrid contract is settled 102 00:02:54,800 --> 00:02:58,333 with the respective wallet holder. 103 00:02:58,433 --> 00:02:59,533 Here we can see a real 104 00:02:59,533 --> 00:03:02,000 example of how a defi hybrid contract 105 00:03:02,000 --> 00:03:02,500 developed 106 00:03:02,500 --> 00:03:05,800 since the 20th of February 2021. 107 00:03:05,866 --> 00:03:07,766 This defi hybrid contract, 108 00:03:07,766 --> 00:03:10,100 despite the short staking duration, 109 00:03:10,100 --> 00:03:11,400 has already generated 110 00:03:11,400 --> 00:03:14,700 a staking balance of about 133,000 U.S. 111 00:03:14,700 --> 00:03:15,300 dollar. 112 00:03:15,300 --> 00:03:19,066 So over 200% profit as can be seen. 113 00:03:19,200 --> 00:03:20,533 All fees, i.e. 114 00:03:20,533 --> 00:03:21,866 installments and interest 115 00:03:21,866 --> 00:03:24,600 have been paid as contractually agreed. 116 00:03:24,600 --> 00:03:25,633 In the meantime, 117 00:03:25,633 --> 00:03:27,000 the balance of this defi 118 00:03:27,000 --> 00:03:29,933 hybrid contract will increased further. 119 00:03:29,933 --> 00:03:31,666 This contract also had a low 120 00:03:31,666 --> 00:03:33,333 fee of only 100 U.S. 121 00:03:33,333 --> 00:03:35,066 dollar. 122 00:03:35,066 --> 00:03:37,600 You want more information, for example, 123 00:03:37,600 --> 00:03:38,666 about contracts 124 00:03:38,666 --> 00:03:39,900 that have already expired 125 00:03:39,900 --> 00:03:41,766 and proven payouts? 126 00:03:41,766 --> 00:03:43,000 You still have questions 127 00:03:43,000 --> 00:03:43,633 about crypto 128 00:03:43,633 --> 00:03:44,833 Dex, for example, 129 00:03:44,833 --> 00:03:47,466 about the world's best bonus system. 130 00:03:47,466 --> 00:03:49,600 Then visit one of our webinars. 131 00:03:49,600 --> 00:03:50,700 You can find the dates 132 00:03:50,700 --> 00:03:51,533 and access at 133 00:03:51,533 --> 00:03:54,900 WWW crypto stock marketing. 134 00:03:54,966 --> 00:03:55,700 Or contact 135 00:03:55,700 --> 00:03:56,966 the person who recommended 136 00:03:56,966 --> 00:03:58,000 this video to you. 8847

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