The era of cryptocurrency has encouraged most of the people out there to invest their money in crypto. GymNetwork is an emerging platform, and this article will guide you through the GymNetwork tutorial and other features of GymNetwork.
Among many platforms that allow you to deal with crypto, GymNetwork is ranked among the top platforms to earn significant profits over your investment through different procedures.
Let’s deep dive into GymNetwork and show you how to become a part of the GymNetwork community!
What is GymNetwork?
GymNetwork is an upcoming platform that is bound to succeed. This GymNetwork tutorial will help explain how GymNetwork works and explain different terminologies utilized in GymNetwork.
GYM Network is a cryptocurrency ecosystem where users may earn Binance Coin (BNB) by investing in decentralized commodities such as yield farming.
Yield farming, also known as liquidity mining, is a type of cryptocurrency mining that allows you to profit. Simply put, “locking” bitcoin for the goal of getting benefits is what it entails.
GymNetwork will be based in Dubai and function as an actual decentralized investment firm. On your staked BNB, Gym Network offers a 200 percent-plus APY (annual return including compound interest).
How often do you earn interest?
The overall procedure for earning may seem confusing, but don’t worry; we will try to explain it in the easiest way possible.
A decentralized wallet is your wallet governed by different authorities rather than one single authority to have more in-depth transparency and authenticity for your investment.
Also, since Gym Network is decentralized, no KYC is required. Instead of GymNetwork, Alpaka Finance holds the funds. One significant advantage of Alpaka is that its the world’s largest decentralized bitcoin exchange. This further gives you the surety that your money is indeed in safe hands.
So, for every dollar you invest, you earn a profit. The scale for your profit goes up as your investment does. This also doesn’t mean that you need to invest more to earn more. You can do so by continuously investing short bits of BNB to make a massive portfolio in the coming future.
For every $5000 invested, you get a return of $573. If you decide to invest $25k in your metamask account, you get a return of $2,868 monthly. Finally, if you decide to invest $100,000, you get $11,473 monthly!
GymNetwork has teamed up with one of the most renowned names in crypto, namely:
- Binance Smart Chain: The best replacement for Ethereum
- Alpaca Finance: Best Defi protocols on Binance Smart Chain
- Pancake Swap: Biggest DEX on the Binance Chain
- CoinMarketGap and CoinGecko: Listing that provides you best cryptocurrency information on the internet
- Certik: Most widely used audit company in crypto.
GymNetwork works on sponsorship or referral systems. This means that you can join if any of your friends are already a part of this community, and you will earn interest as long as they remain a part of GymNetwork.
The GymNetwork profit works based on the sponsor’s current wallet condition and current active GymNet farm. This sponsorship scale is divided into 16 different scales, determining different profit rates.
Regardless of your team structure, you will receive a share of GYM NETWORK’s overall profits and rewards. For example, if you’re level 16, you’ll be eligible for the Platinum Pool. In this case, you will receive 1.5 percent of the profits and rewards offered by the GYM NETWORK to the affiliate system.
Risks Associated with GYM?
Since our system is transparent, we make sure that you realize and understand all sorts of information before investing your money. We understand that your money is hard-earned and is not to be invested directly into something you may not recognize.
The three most significant risk variables are Binance, the value of the BNB, and Alpaka Finance. But, the probability that the leading exchanges will go wholly bankrupt and hurt your profile is relatively low.
The value of the BNB, and hence the value of our investment, may drop. Nevertheless, we feel that BNB is more likely to rise. The value of the Gym Token is an additional risk. This, on the other hand, is not a threat to our initial investment; instead, it determines the magnitude of our return.
How to Become a Part of the GYM Network?
This all sounds really amazing, but how do you become a part of GymNetwork? Do not worry, consider this article as a GymNetwork tutorial that will guide you through every small step.
It is essential to understand that, unlike other crypto platforms, GYM Network is a private community that is only accessible via invitation. Hence, you’ll need an affiliate link and a decentralized wallet with an integrated browser to join GYM Network.
A web3 services wallet capable of storing BNB-BEP20 is required (Binance Smart Chain). Wallets that we suggest include MetaMask, Trust Wallet, and TokenPocket.
Step By Step Guide for GYM Network
A typical GymNetwork tutorial would include a step-by-step procedure. However, we thought that it would be ideal if our readers could have the tutorial in both, video and text form so that it can be easier for them to join our community.
To become a part of GymNetwork, follow these guidelines:
- First, create a decentralized wallet if you don’t already have one. Most people opt for metamask since it’s user-friendly.
- Next, fill your metamask with any amount of BNB. The minimum investment is 0.05 BNB, which is around 18 euros.
- Then, you follow the link provided by your peer or friend to GYM Network. IT may look something like this: https://gymnetwork.io/?r=qnlpx
- Now, link your metamask to Gym Network by clicking the light blue button in the upper right corner.
- This is the crucial part. When you have linked your metamast to GymNetwork, make your investment/transfer your BNBs to the vault.
- Sit back and enjoy watching your rewards roll in.
If you still don’t understand the procedure, no issue. This video will guide you through the entire procedure to become a part of the GYM Network family.
Towards the Future
Although GYM Network has been launched, there are several procedures that the company is still operating in, so they continue to excel and become the best there is within the online community. Therefore, this GymNetwork tutorial might be useful for you in the future.
There are several features that we are to launch this year. Since we have already launched our yield farming project and GYM NET vaults, we will launch GYMNET NFTs and GYMNET Launchpads.
The main goal of GYMNET Vault and Yield farming is so that the users can earn passive income using their investment in BNB and earn over the year. GYM Network is proclaimed to have given users a profit of 200% in a year!
The GYM Network NFTs are set to debut in Q3 2022. With the GYM Launchpad, you’ll be the first to learn about new ideas before they go live. This is scheduled for the fourth quarter of 2022.
Our other long-term goals include PLAY TO EARN Games, which allow you to earn extra profits and even cryptos by playing different games, introducing Facebook’s Metaverse concept within GYM Network, and an AR-based application.
The goals for 2023 are also already aligned with the team. In the coming year, we will launch index funds, which will help you boost your profits and earn more through one single token.
As the name suggests, GYM Network is also introducing an augmented reality-based feature that will help you earn rewards based on your daily exercise. If you have accomplished your daily goal, you get a reward in the gym and GYM!
Is it a Scam?
Since our system is entirely decentralized and transparent, the chances that your money falls into the wrong hands are slim. The whole GymNetwork team is highly transparent, has a digital presence, often participates in Zoom sessions, and is available to answer any queries.
Alberto Mera, a former investment banker and crypto expert, and his colleagues founded GYM Network, a decentralized autonomous organization (DAO) (Decentralized Autonomous Organization).
Furthermore, it is impossible to manipulate because the project is decentralized and built on smart contracts. The gym is set up as specified, according to CertiK. The most well-known crypto sector audit firm, which may also be read. The CertiK certificate also ensures that the code is safe and free of severe security issues.
To Sum it Up
GYM Network is an advanced crypto-based platform that allows users to earn profit based upon BNB using Defi projects, making you the boss of your crypto. We are based upon the necessity of our users and have understood what our crypto users want.
To join the fantastic system, you need an invite from a friend who is already a part of the GYM. This enables us to ensure that the user is satisfied with our services.
Is it safe?
Absolutely! GymNetwork has partnered with trusted and verified companies on the internet that deal with different cryptos and services. Also, there is maximum transparency for your transactions, so we don’t keep any detail from you.
Is it legal?
The procedure utilized in GymNetwork is 100% legal and audited by Certik, one of the most renowned auditing companies.
Are there any risks to my account?
Since you would be invited using a referral, there are zero chances of mishandling your account or information. We believe in the referral invitation system and have grown exponentially because of the transparency we provide to our customers and our authenticity.