It is not unheard of for users to adopt more than one coin when making purchases in the crypto market. This is because different projects serve users differently as they cater to their different needs. These projects also have unique use cases that can drive adoption.

Users of projects like Aave (AAVE) and HexCoin (HEX) are offered another great project to invest in; the Big Eyes Coin (BIG).

All About Aave (AAVE)

Aave (AAVE) is a decentralized open-source lending protocol that facilitates easy borrowing and lending. It was launched in 2017 as an improvement on ETHlend which took time to facilitate transactions. Aave effectively matches lenders to borrowers and improves on P2P service delivery, as borrowers can make requests and be immediately matched to lenders.

This is all done with ease by programmable software that processes these transactions once certain conditions are met. This software is smart contracts. Aave has a system of allowing over-collateralized loans to prevent loss to lenders, and incentivize borrowers to pay back. Flash loans are also enabled within the platform to leverage ever-changing crypto market positions.

AAVE is the native token of the Aave protocol, and it serves a governance purpose primarily. This is achieved through staking.

What About Hex Coin (HEX)?

Hex Coin (HEX) is the first high-interest Blockchain certificate of deposit (CD). It was launched in Q4 of 2019 on the Ethereum network. The project was launched as a finished product with no roadmaps or outstanding activities to be carried out, MD since launch, the price of the token has gone up 1,000,000% or 6748x so far.

The project generates and distributes rewards to users who stake, with an average APY of 38%. HEX is the native token of the protocol, and lets you earn rewards on your staked assets based on the size of the assets locked or the total lock time. There are penalties for unlocking assets earlier than the stipulated time, and the average lock time is 5 years.

The project utilizes a hybrid of the proof-of-work and proof-of-stake consensus modules.

Stakers are paid in HEX, while Ethereum miners are paid small amounts of Ethereum to perform transactions.

Compared to Big Eyes Coin (BIG)

Big Eyes coin offers a fun and interactive way to relate with DeFi technology and generate profit. It is a community-governed protocol that prioritizes user interests and investment while catering to environmental protection.

The project intends to be dedicated to community growth and charity activities. The native token of the Big Eyes project is the BIG token, which provides utility and governance throughout the ecosystem. BIG tokens give users access to the Big Eyes Swap and the Big Eyes NFT collection. It promises no tax, no fees, and no hassles.

The total supply of BIG tokens is 200 billion, with activities to carefully distribute these tokens. The project is set to launch soon, so interested users can get into the community early, and enjoy rewards once the token launches.

How to Purchase BIG tokens

1. Go to the website, and go to the purchase menu to sign up.
2. Provide your personal information like your name, surname, and email address.
3. Read and agree to the terms of the Big Eyes Coin project.
4. Click “submit”, and wait for launch day.

With everyone on the lookout for the next crypto gem, it is obvious that Big Eyes Coin (BIG) wants to make its mark in the crypto world. Users who buy the token early stand a chance to earn potential rewards and profits, and even double their capital. More information on the Big Eyes Project can be seen on their website and white paper.

https://bigeyes.space/

As more people start to invest in blockchain-related assets, we are now in the era of blockchain technology. Another one of these assets is cryptocurrency. Cryptocurrency is a digital financial asset based on blockchain technology, as you may have heard. Over a decade has passed since cryptocurrency first appeared. However, it wasn’t until 2020 that cryptocurrencies gained popularity and started appearing frequently in discourse. Many people now, both young and old, trade and invest in cryptocurrencies.

Despite this rise in usage, there are still opposing views on the virtual currency known as cryptocurrency. Many individuals believe that cryptocurrency is a hoax and a Ponzi scheme that everyone should avoid, although many people are investing in and voluntarily adopting it. But it’s best to accept that cryptocurrencies are useful and here to stay. Cryptocurrencies operate on markets and trading since they are financial assets. Similar to stock markets, cryptocurrency markets are typically open to the public for viewing and feature information about the values of these cryptocurrency coins.

The use of cryptocurrencies is constantly growing. The cryptocurrency market is expanding to fulfil the wants of various investors. Cryptocurrency investors are growing in number every day. Social proof has had a significant impact on the different cryptocurrency efforts that have been launched on the market and in the community. Because individuals tend to put more faith in things that many others have tried, more people are investing in the coin market.

Every day, many coin projects enter the market and world of cryptocurrencies. Because more people are eager to test out investing in the cryptocurrency market and the increased interest in blockchain technology, more blockchain and cryptocurrency entrepreneurs are seeking to expand the options available to customers while also promoting their original ideas and the industries they serve. They are creating new Cryptocurrency projects to switch up the coin market. Two examples are highlighted in this article. They are Polkadot (DOT) and Dogeliens (DOGET).

The Multi-Chain Protocol – Polkadot

To connect all current blockchains, a new generation of cryptocurrency networks dubbed Polkadot was created. Now, the many cryptocurrency networks’ several blockchains all run independently of one another. Polkadot wants to change this as its main objective.

As it connects numerous networks, it is referred to as a multi-chain network. As long as they agree to communicate, it acts as the foundation for numerous blockchains. The link that Polkadot provides allows for the sharing of data and value between previously incompatible networks. Aside from that, the network is designed to be speedy and scalable, preventing speed issues.

The DOT serves as the platform’s principal token. There are two primary functions it fulfils in the Polkadot network. The initial usage of the token is for governance. This suggests that token owners can affect the Polkadot protocol’s course of action and future. On the contrary, DOT is used for staking.

The P2P Meme Network – Dogeliens

A new DeFi token initiative called Dogeliens has the potential to flourish quickly in the cryptocurrency industry. The Dogelien universe was developed to grow into the largest user-centric community with the unrestricted goal of assisting every member and expanding the community to the stars.

The Dogeliens network is considered the DeFi world’s pup-pet king. To enable users to trade, earn, and stake their tokens utilising peer-to-peer (P2P) and open-source cryptocurrency, this pup-tastic platform was created as a DeFi. Users will be able to exchange and trade their cryptocurrencies as a result without intervention from outside parties or agents.

The development of the Dogeliens ecosystem had as its primary objectives the improvement of the community and inclusive participation. Due to its global accessibility, the Dogeliens universe is growing into a robust community that will surely rank among the largest in the cryptocurrency market.

The Dogelien universe is ruled by the DOGET token. DOGET is a cryptocurrency that can be used in a variety of ecosystem applications. Through DOGET, all platform transactions are finished. DOGET is also employed in farming, staking, and various other tasks. Now that DOGET is ready for presale, everyone should keep an eye on it to invest.

https://ufo.dogeliens.io/register

Introduction

Digitalization has changed the way we work, communicate, shop, bank, and entertain ourselves. It also led to the invention of Cryptocurrency. Cryptocurrency uses blockchain technology to be decentralized. It was introduced to the public in 2009 by “Satoshi Nakamoto” who invented the first cryptocurrency called Bitcoin. Over time, many other cryptocurrencies have been introduced.

However, we cannot ignore the fact that it is very volatile. For example, In November 2017 its price was $10,000 and it reached $68,990 in November 2021. Recently, in June 2022, its price plummeted to $20,000 because of the recent crash.

MetaCryp (MTCR) – The New Crypto Looking To Dominate The GameFi Sector

The first GameFi space metaverse in the world, built on the Binance Smart Chain, MetaCryp Network is a place where individuals may have intense enjoyment and escape the stress of everyday life.

The MetaCryp Network enables its members to dream big and fosters a sense of belonging through a community-focused ecosystem built on crypto assets. Thanks to MetaCryp Network, the idea of the Metaverse has gone from being only a notion to being a reality.

The Metaverse is logically the next step in how we create, consume, and interact digitally in a world where individuals use the internet more and more as their primary means of connection and self-expression. In a nutshell, people can disconnect from their regular lives, have fun, create the life they’ve always wanted, engage with others, and even make money in MetaCryp Network’s Metaverse.

Decentraland (MANA) – Taking Gaming To The Next Level

Ariel Meilich and Esteban Ordano founded Decentraland in 2015. It is a worldwide network program that runs on a shared virtual world featuring user interactions, the purchase, and sale of digital real estate, exploration of the platform, and gaming.

Users can vote on policy updates, land auctions, and subsidies for new developments using the software, which operates on the Ethereum blockchain and requires a particular cryptocurrency for the acquisition of real estate assets.

NFTs (Non-fungible tokens) and MANAs, a cryptocurrency used to buy NFTs and other virtual products and services on the platform, are the two tokens that power Decentraland.

Axie Infinity (AXS) – The Pioneer Of P2E Gaming

An online game universe called Axie Infinity is centered around Axies, who are similar to Pokémon. As virtual pets, Axies can be gathered by players, who can then train them to fight, breed, gather, raise, and even establish kingdoms for them.

The Ethereum-based game has a design that enables users to control their virtual assets and rewards users who can master it. Users must first complete a multi-step setup process to link their digital wallets to their Axie Infinity accounts. This process is explained in the game’s onboarding guide.

Final Thoughts

To conclude, it is reasonable to assume that cryptocurrencies will be crucial to our digital future. Decentraland and Axie Infinity have already attracted a lot of investors, making them popular worldwide. However, this decentralized MetaCryp is still new for most people.

MetaCryp Network is a cutting-edge, community-focused ecosystem built on crypto assets that fosters a sense of belonging and inspires members of the community to dream big. There have been bonuses added to the cryptocurrency market.

The term “bonus” refers to a proportion of additional tokens that users will get for meeting certain requirements. For instance, those who purchase MetaCryp tokens with BNB will get 10% extra tokens. Likewise, those who recommend it to someone else will get a bonus. For instance, when users suggest a friend who purchases $400 worth of MetaCryp tokens, each of them will earn a $100 bonus in tokens.

https://presale.metacryptoken.io/register

A fascinating concept implemented in the blockchain network is the Decentralized Autonomous Organization Structure (DAO). A cryptocurrency that implements a DAO structure encodes its rules of operations and transactions on a blockchain network through smart contracts thereby eliminating the need for a centralized authority.

The DAO structure provides full autonomy to crypto holders and users in a DAO community. The structure allows these holders to make operational decisions and directions of the platform without needing a hierarchical order which is prevalent in traditional financial models.

This article will consider how GryffinDAO aim to provide the best DAO Structure and how it compares with Uniswap ($UNI) and PancakeSwap ($CAKE).

The Sky Is The Limit – Gryffin DAO

GryffinDAO seeks to provide the best utility creation for its holders. To achieve this, GryffinDAO creates a democratic system (via DAO) where users have the authority to make essential community decisions. These decisions could include fee structures, future projects, and implementation. There is no doubt that DAO is becoming a reality in many Decentralized Finance projects.

GryffinDAO ecosystem is based on Binance Smart Chain. Considered one of the best cryptocurrency platforms, Binance Smart Chain offers fast and secure transactions at lesser costs.The native token that operates the GryffinDAO ecosystem is the BEP-20 issued $GDAO token.

$GDAO tokens offer specific approaches in the ecosystem.

Deflationary Approach

This approach allows the GryffinDAO ecosystem to use its profits to buy back $GDAO tokens from the marketplace and effectively burn them. This approach reduces supply and increases the value of $GDAO tokens.

Rebase Approach

To ensure stability for $GDAO tokens, a rebase approach is used to adjust the circulating supply of $GDAO tokens to control the price. Depending on price fluctuations, this mechanism can burn or mint new $GDAO tokens which gives holders the confidence to hold their tokens.

Staking Approach

GryffinDAO adopts a Proof-of-Stake consensus which allows for the proper functioning of the network. Staking consensus enables users to lock their $GDAO tokens for a certain period and receive passive income in installments or a compound interest at the end. The more $GDAO tokens are locked, the community earns more rewards.

Yield Farming Approach

Yield farming creates an opportunity for $GDAO token holders to provide loans to other cryptocurrency users and receive interest or profit. This approach is necessary for a long-term sustainable GryffinDAO ecosystem.

GryffinDAO ($GDAO) Versus Uniswap ($UNI)

Uniswap is the most successful DAO built on the Ethereum ($ETH) blockchain. The platform provides a credible Decentralized Exchange (DEX) for crypto users. Any user in the ecosystem can use the native token, the $UNI token, for voting rights on the community operations.

GryffinDAO uses $GDAO tokens to provide DAO rights to members who hold $GDAO tokens. Utilizing Decentralized Exchange provides an excellent peer-2peer trading experience for users with fast transaction speeds and at reduced transaction fees.

GRYFFINDAO ($GDAO) Versus Pancakeswap ($CAKE)

Pancakeswap offers exciting innovations in Decentralized Finance (DeFi) markets. Built on the Ethereum platform, the platform issues and supports ERC-20 tokens. The platform also creates an NFT marketplace where users can swap their NFTs for cryptocurrency.

$CAKE token runs the Pancakeswap Ecosystem. This token implements a deflationary approach which reduces the supply of $CAKE and potentially increases the value in time. Also, $CAKE holders can lock in their tokens for a specific period and receive staking rewards and incentives.

GryffinDAO will provide a DEX platform for NFTs. The ecosystem implements a deflationary approach where $GDAO tokens are burnt, reducing supply. Also, $GDAO token holders can stake their tokens in the system to earn passive income.

Decentralization is one of the main objectives of the GryffinDAO ecosystem. In achieving this objective, the ecosystem uses the native token, $GDAO, to provide users and holders with the best and long-term tokenomics. GryffinDAO ($GDAO) protocol employs the best models to keep the token value stable despite market fluctuation and volatility. GryffinDAO is an exciting project for crypto enthusiasts looking for the next best DAO project after Uniswap and PancakeSwap.

https://fly.gryffindao.com/register