New Token Supontis Bringing Quality DeFi Back Like Polygon and Hedera


Cryptocurrencies have fundamentally altered the way financial transactions and investments are conducted in today’s society. Prior to the cryptocurrency market, it was practically impossible to accumulate so much money in a short period of time. However, many amateur investors have lost money when investing in cryptocurrencies.

Polygon (MATIC) and Hedera (HBAR) are two successful crypto projects that have consistently generated profit for investors while also developing a strong community. Supontis (PON), on the other hand, is a new cryptocurrency that aims to strategically address issues within the Decentralized Finance (DeFi), Non-fungible Tokens (NFTs), and Decentralized Exchanges (DEXs) spaces. We’ll go through why every serious investor needs these currencies in their portfolio. 

Polygon (MATIC)

Polygon (MATIC) is a scaling solution that provides several capabilities to raise the speed and minimize the cost of transactions on blockchain networks, among other things. It was previously known as Matic Network. MATIC, the native currency of the Polygon network, was established in 2017. Polygon (MATIC) is built on a Proof of Stake consensus method, which means the community may be able to use its monetary component in other ways.

At the heart of Polygon’s roadmap is Ethereum, a blockchain network that hosts a variety of decentralized applications, including those that allow you to join virtual worlds, play games, purchase paintings, and perform a wide range of financial transactions. However, because of the exorbitant cost of transmission and blocked traffic created by this much activity on its blockchain, Ethereum is now all but unsuitable for seamless operation.

Polygon describes itself as a layer-2 network, which implies it works as an extension of Ethereum without attempting to change the original blockchain layer. Polygon, like its geometric namesake, comes in a variety of sizes, shapes, and uses, while also promising a simpler framework for developing interconnected networks. 

Hedera (HBAR)

The Hedera (HBAR) proof-of-stake public network is intended to provide a simple, safe, and efficient decentralized platform for high transaction throughput applications. The Hashgraph consensus powers the Hedera (HBAR), allowing it to achieve extraordinarily high transaction throughput while ensuring finality and security. A trustless system allows users to come to an agreement without the necessity for a centralized authority.

The Hedera (HBAR) network is intended to be quick, affordable, and secure. Its goal is to lay the groundwork for the next generation of decentralized apps. Hedera network transactions are confirmed in seconds. The Hedera (HBAR) network is capable of handling millions of transactions per second. As a result, we recommend Hedera as a long-term investment.

Hedera (HBAR) differs from other blockchain-based systems in that it does not use the computationally demanding Proof-of-Work (PoW) consensus technique. Because actions are executed in parallel rather than serially, it is faster than both Bitcoin (BTC) and Ethereum (ETH). It also has low latency, just taking a few seconds to send out and complete transactions.

It has been successful in inventing Hashgraph, an innovative ledger technology that has made it easier for developers to create Dapps. Scalability, cost, and transaction speed have also increased.

Supontis (PON)

Supontis Token (PON) is a new cryptocurrency that slowly building popularity within the cryptocurrency market. Its native coin PON will be utilized for several functions, including staking and as a DAO governance mechanism. Supontis Token (SUP) is a decentralized platform that permits asset transfers between Ethereum, Binance, Tron, and Fantom blockchain systems. The platform, which is based on the Binance Smart Chain, paves the door for seamless cryptocurrency exchange.

Staking is made very simple on the Supontis Token (PON) platform thanks to its proof-of-stake consensus mechanism. This provides protection and support while earning extra money.  Supontis Token (PON) has verified that it will allow validators to take turns supporting the network, increasing the likelihood of selecting your wallet. This system is implemented by network developers to help keep validators in check and to guarantee they are not disrupting the community in any way.

According to the whitepaper of Supontis (PON) Token, its method locks in tokens from several blockchains and ensures that those tokens are converted into wrapped tokens. Users can get a piece of the income generated by PON tokens by staking their tokens. 

During the presale, all PON Token purchases made with Ethereum will be rewarded with 18% more tokens. Furthermore, when an investor promotes another person to purchase PON tokens, both parties receive a $50 bonus token for every $200 spent by the referred user on Supontis Token (PON). Don’t put it off any longer; buy Supontis Token (PON) today!

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Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

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