BitInfoCharts data shows that the current number of Bitcoin millionaire addresses stands at 195,513, representing an increase from the 182,327 addresses at the start of the quarter. These Bitcoin millionaire addresses refer to wallets that hold $1 million and above in BTC. Meanwhile, these Bitcoin millionaires may have eyes set on the Paydax Protocol (PDP) token presale, which offers them access to the first fully on-chain financial system.
Paydax Offers Bitcoin Millionaires A World of DeFi Opportunities
The Paydax Protocol (PDP) offers a wide range of DeFi opportunities that Bitcoin millionaires cannot find on other DeFi platforms, including Aave, Compound, and MakerDAO. These include:
- Real-world asset (RWA) borrowing with a loan-to-value (LTV) ratio of up to 97%.
- Crypto borrowing with a broader collateral support that includes staked and governance tokens alongside Bitcoin.
- Up to 15.2% annual percentage yield (APY) on peer-to-peer (P2P) lending.
- Fixed interest rate of between 5% and 7%.
- Excellent user experience to unlock instant liquidity.
- Rewards and incentives for PDP token holders.
Additional Yields On The Platform
Bitcoin millionaires also have an opportunity to earn additional yields on the Paydax Protocol (PDP) platform by holding the PDP token. They can earn:
- 6% APY from protocol staking.
- 6 APY by staking in the DeFi vault.
- 20% APY by staking in the redemption pool and underwriting loans.
- 41.25% APY through leveraged yield farming, borrowing additional funds with up to 5x leverage.
This mouth-watering yield has drawn attention to the PDP token presale as these Bitcoin millionaires and other market participants look to start earning these yields. As a result, these market participants have already bought over 81 million tokens, with PDP currently selling at a low entry price of $0.015.
👉 Join the Paydax presale today and start earning up to 41.25% APY
A New Disruption Just Like Bitcoin
For Bitcoin millionaires, this feels like another BTC moment, given Paydax Protocol’s (PDP) disruptive technology. The platform is well-positioned to replace the broken centralized banking system, which significantly enhances the utility of the PDP token. This utility is one of the reasons why the token has significant upside potential, which would give BTC whales and other market participants substantial gains alongside the yields they earn on the token.
Meanwhile, it is worth noting that, in addition to the yields and ROI potential, other benefits of the PDP token include:
- Access to lower borrowing rates
- Governance rights
- Fee sharing, with 40% of fees distributed to PDP stakers
- Direct P2P lending opportunities
An Ecosystem That One Can Trust
The Paydax Protocol (PDP) has implemented measures to instill confidence in its offerings and enhance the utility of its PDP token.
- A dox’d team that Assure DeFi has verified.
- Modular smart contracts that handle staking, lending, and borrowing operations and collateral management.
- Sotheby’s, Brinks, and Onfido as trusted custody partners.
- Chainlink data feeds for accurate pricing for crypto loans.
- Multi-sig wallets using Gnosis Safe.
- Bug bounties.
- Paydax Dapp v1.0 is already live.
Real-World Utility For Everyone
Paydax Protocol (PDP) has earned a reputation as the people’s DeFi bank, as it offers real-world utility to everyone through the PDP token. Bitcoin millionaires can truly immerse themselves now within a DeFi ecosystem that addresses DeFi shortcomings on the Bitcoin network.
For Bitcoin millionaires, this is an opportunity to protect their long-term investment in BTC while also unlocking new capital to explore other money-making opportunities in the crypto space. Paydax Protocol (PDP) is addressing major financial needs, which is why it could become the next big thing in crypto.
Market participants can be a part of something this huge by joining the PDP token presale at the current price of $0.015. Those who join the presale today get up to 80% in bonus tokens when they use the promo code ‘PD80BONUS.’
Join the Paydax Protocol (PDP) presale and community:
Website: https://pdprotocol.com/
Telegram: https://t.me/PaydaxCommunity
X (Twitter): https://x.com/Paydaxofficial
Whitepaper: https://paydax.gitbook.io/paydax-whitepaper