DeFi Strategy # 20 / Farm + 300% APY via Tornado.Cash Anonymit | DEFI WORLD

DeFi Strategy # 20 / Farm + 300% APY via Tornado.Cash Anonymity Mining

Let's say you want to anonymously navigate to a new Ethereum address, well, you're in luck because the Tornado.Cash privacy protocol is running an anonymity mining campaign.

What's the point? You deposit ETH at Tornado, wait and that's it! You can then later exchange the “Anonymity Points” (AP) received from your deposit for a protocol management token, TORN.

How does the AP system work?
Points are earned by contributors for each block:
- 20 AP / block for 1 ETH,
- 50 AP / block for 10 ETH
- 400 AP / block for 100 ETH.

When you request your AP through the Tornado mining dashboard, the relay actually makes the request for you to protect your anonymity. You pay a small AP fee to the repeater for this service.

When you are about to exchange your AP for TORN, the repeater takes over the process again and is compensated by the AP for privacy.

The key news is that Tornado contributors are collecting a lot of APs as there are ~ 6.5k Ethereum blocks per day, ~ 195k per month, etc. We will multiply 50 AP per block by 195,000 blocks. which will give us 9.75 million AP.

Subtracting 2 million from this amount to pay for the repeaters gives us 7.75 million AP, so if you divide that amount by the current AP / TORN exchange rate of 580,626, you get 13.34 TORN tokens per month.

At the time of writing TORN, the price was $ 410, so multiplying that figure by 13.34 gives us $ 5.47k. With an initial deposit of 10 ETH (~ 18 thousand dollars at the present time), this indicator per month increases to + 300% per annum.

We love this farm because there is almost no risk involved. The only real vulnerability that you will face, apart from potential vulnerabilities, is the possibility of losing your deposit note (private key).

Disclaimer. Remember: APY will hesitate. Every project has a risk, so weigh it twice before entering