Crypto

Three coins looking to beat the crypto blues: Gnox (GNOX), Apecoin (APE) and Aave (AAVE)

Companies have invested extensively in decentralized finance (DeFi) due to increased interest in smart contracts, crypto assets and decentralized exchange services. Many of these DeFi projects have been funded multiple times and have a significant user base.

Many even know how to profit from blockchain interest, gas fees and other blockchain advancements. Taking a look into the DeFi world, these are the projects that are expected to rise in 2022.

  • Gnox (GNOX)

With a tagline of “Making DeFi Easy,” Gnox is for users who want exposure to DeFi income but do not want to manage and bridge to various pools.

Its goal is to deliver the same level of service to its holders without requiring any additional steps. They invite cryptocurrency newcomers to buy, hold and profit while Gnox handles the grunt work.

Gnox is the first DeFi earning protocol that provides all types of investors with “Yield Farming As A Service” via its treasury.

Gnox will use its treasury to lend and reap the rewards, allowing the platform to provide value to investors while ensuring sustainable and ever-growing profits.

They will begin with a little treasury, but their purchasing power will grow as it grows. This will improve their ability to develop more unique features and generate more incentives for long-term holders.

  • Apecoin (APE)

Apecoin is a new cryptocurrency launched in March 2022 by the Bored Ape Yacht Club, a thriving virtual community that has drawn various people, including celebrities, interested in culture, arts, gaming and entertainment.

This cryptocurrency will be in charge of administration, bookkeeping, project management, and other responsibilities required to ensure that the DAO community may construct new Web3 applications and services, such as the APE NFT coin itself.

The APE coin is new to the market but has quickly risen to the top-100 trading cryptos. It was also added to a number of large exchanges, causing the asset’s price to surge to $17 the next day after being launched.

The value of Apecoin is projected to skyrocket. If APE successfully consolidates its position in both the metaverse and the NFT market, the cryptocurrency might hit $30 by the first quarter of 2030.

  • Aave (AAVE)

Aave has been a pillar in allowing decentralized apps since its inception in 2017. Aave, formerly ETHLend, is an open-source liquidity pool based on Ethereum blockchain technology and DeFi tokens.

Aave’s program allows users to trade over 20 different crypto assets within the DeFi ecosystem, including a diverse spectrum of stablecoins and other digital currencies.

While the crypto sector is growing more crowded, Aave remains notable for its sustained standing as a market maker. To begin with, the Aave protocol enables people to earn interest and borrow assets in a decentralized manner. Because it is open-source, it is simple for businesses and customers to get involved in activities like yield farming, liquidity pools, and even staking (via its own DeFi coin, AAVE coin) in the crypto market.

Conclusion

Decentralized finance will help the cryptocurrency market become more accessible, democratic, and stable. Traders, investors, entrepreneurs, and institutions can use it. DeFi has many more uses than those outlined in this article, giving users the technology they need.

Join Presale: https://presale.gnox.io/register

Website: https://gnox.io

Telegram: https://t.me/gnoxfinancial

Discord: https://discord.com/invite/mnWbweQRJB

Twitter: https://twitter.com/gnox_io

Instagram: https://www.instagram.com/gnox.io/


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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Robbie Kenllis

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Robbie Kenllis

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