Thanh Hoa, Vietnam, May 31, 2022 (GLOBE NEWSWIRE) -- DiamondLock is a decentralized financial model with a sustainable compound interest model. The Diamond Auto staking Protocol (DAP) delivers a decent APY, rebasing rewards every 30 minutes, and a simple buy-hold-earn system that grows investors’ portfolio in their wallet, fast and safe.

How Diamond Auto Staking Protocol(DAP) works:

By simply buying and holding $DML token in wallet, holders earn rebase rewards as interest payments directly into their wallet. Their tokens will increase every 30 minutes.

Using a Proactive Rebase formula, DiamondLock makes actively rebase and interest will be pay distributed directly proportional to the stage of rebasing rewards, worth 0.049% of the total amount of $DML tokens held in investors’ wallet every 30 minutes. The rebase rewards are distributed on each 30 minute rebase period to all $DML holders. Precise and Safe: Token Diamond is right in holders’ wallet, so they don't need to deposit, or staking through a 3rd party management, they can freely buy and sell tokens. Their job is just to hold and receive rewards into their wallet.

Quick Interest Payment: The DAP protocol pays out tokens to holders every 30 minutes (48 times in 1 day). This makes DAP have the fastest interest payments.

LOW Risk with Diamond Risk Insurance Bank: 4% of all trading fees are stored in the Diamond Risk Insurance Bank which helps sustain and back the staking rewards provided by the positive rebase.

DAP uses complex algorithms in calculating compound interest to calculate rewards for $DML holders. Diamond Risk Insurance Bank acts as an insurance fund used to ensure the safety of holders, long-term sustainability as well as create stability in the economy of DAP.

“7% - 9% of all trading fees are stored in the Diamond Risk Insurance Bank which helps sustain and back the staking rewards provided by the positive rebase”

Banks limit the funds transferred from user accounts to secure their assets. DiamondLock's withdrawal limit is 1.25%/day to protect many investors of the project against unnecessary dumps.

DiamondLock create a bot that works 24/7 to maintain the base rate and pay interest by $DML token to holders every 30 minutes:

DiamondLock will be one of the pioneering projects in paying the highest rewards for token holders but still bringing absolute safety and initiative to token holders. DiamondLock aims to be the leading project in the future, bringing a large and stable source of income for holders.

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In the world of stock legends, Ken Fisher stands out. The legendary investor founded his private financial advisory firm, Fisher Investments, in 1979, with just $250 in seed money. Today, Fisher’s company manages over $195 billion in total assets, and his personal net work exceeds $5 billion. Fisher has cast his eye on current market conditions. In recent published note, Fisher points out the obvious headwinds in the current environment: “Fear of the impact of the tragic, grinding war in Ukraine

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It was a tough day for high-growth stocks, as a hot jobs number stoked inflation fears even as Elon Musk warned about the global economy.

Semiconductor specialist Nvidia (NASDAQ: NVDA) was down as much as 5.5%, iPhone maker Apple (NASDAQ: AAPL) was off by as much as 4.5%, and e-commerce kingpin Amazon (NASDAQ: AMZN) slipped as much as 3.5%. New warnings about the possibility of a recession sent a wide swath of stocks lower today, but there was also company-specific news for each of the technology stalwarts. Tesla CEO Elon Musk joined the chorus of business leaders sounding the alarm about the economy and the possibility of a recession.

Elon Musk needs to cut one in ten jobs at Tesla. The Tesla chief executive’s intentions, conveyed in an internal email seen by Reuters, are rooted in what he described as his “super bad feeling” about the U.S. economy. Some of the nearly 100,000 people employed at the electric carmaker may already be considering their options after Musk issued them with a return-to-office ultimatum this week.

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An important shareholder is agitating for change at Amarin (NASDAQ: AMRN). On the back of that, the price of Amarin's American depositary receipts (ADRs) shot 15% higher on the day. It was disclosed in the document that Amarin and Sarissa Capital Management (NASDAQ: SRSA), an activist investment firm that holds a more than 6% stake in the company, have held talks about its future.

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As you build a nest egg, you need to understand how much income you can expect it to produce. We explore how much interest $10 million could earn. The answer is going to vary based on where you stash your savings … Continue reading → The post How Much Interest Would $10 Million Earn? appeared first on SmartAsset Blog.

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