This year has been a rough start for cryptocurrencies. Although the world has successfully overcome the pandemic, it has to bear some repercussions.
The global cryptocurrency market is stirred up by the recent crypto crash. Famous projects like Bitcoin (BTC), Avalanche (AVAX), and ICON (ICX) have been trading in red over a few months.
This is because of the major shifts caused by the macroeconomic changes in the global economy. Changes in world policies, increasing inflation rates, and war effects of the Russia-Ukraine conflict have aggregated the current situation.
Even though the market is not in its best position, the launching of new projects is still in process. A similar project Logarithmic Finance (LOG), is currently developing and will soon launch after the presale stages.
ICON (ICX) For A Discounted Price
ICON (ICX) is one of the cryptocurrencies that have fallen victim to the recent crypto crash crisis.
It is a native token of the ICON ecosystem introduced by a famous company based in South Korea. It is a decentralised platform that connects multiple crypto networks under one platform to benefit users and investors.
This project is a complete blockchain network built with the primary function of facilitating the connection between several networks and software.
The project uses advanced technology like Artificial intelligence (AI) to build a secure, transparent, and economical platform for investors.
The team has made the interface of human participants like public representatives (P-Reps). These are responsible for governance and block production in the network. Users have the right to vote and make decisions for their P-Reps in the future.
Logarithmic Finance (LOG) Might Become A Crypto Giant
Logarithmic Finance (LOG) is a new project of the Logarithmic Finance ecosystem. It aims to become the next-generation Decentralised Finance (DeFi) and advanced swapping protocol that enables seamless transactions between early-stage innovators and investors.
The team plans to incorporate new technology that will give enough room for DeFi growth in the future.
The project targets an audience where the majority are new innovators looking for investors to finance the project or raise capital.
The LOG tokens attract users through establishing a secure, non-custodial, and cross-chain environment within swapping protocols of the Logarithmic ecosystem. This will yield them additional benefits each time they perform a transaction through LOG tokens.
To create an interactive and secure platform for users, the team of the LOG ecosystem uses specific features to create a distinct decentralized network for investment. Following are a few features associated with the project.
In a nutshell, DeFi is a set of all the financing tools on blockchain that allow users to lend and borrow digital assets without third-party intervention. Through LOG, the DeFi protocols will introduce new tools like liquid staking, Automated Market Makers (AMM), vaults, etc.
Many blockchains provide liquidity options where users invest their tokens for a specific time and earn rewards/incentives.
But with this project, the big picture is different. To guide new innovators through the process of raising capital, the team designed pool statuses and types for the next-level pooling experience.
The project primarily operates on Ethereum (ETH), but it is linked with five other decentralised networks: Solana (SOL), Avalanche (AVAX), Binance Smart Chain (BSC), Tezos (XTZ), and Polygon (MATIC). The multi-chain integration reduces the extra gas fees and allows transactions over a large, connected network.
Logarithmic Finance (LOG) aims to become a secure and transparent network that unites innovators and investors on one platform. The decentralised network consists of multiple blockchains to provide better access while trading cryptocurrencies on the platform. The team also plans to incorporate new DeFi tools to highlight the platform in the market. It seems as if the project might be as successful as the other crypto giants like ICON (ICX) despite the recent crypto crash in the market.
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