What is DeFi? The primary goal of the DeFi (Decentralized Finance) system is to democratize finance and change centralized institutes with decentralized, peer-to-peer, bureaucracy-free relations. DeFi uses cryptocurrencies and blockchain systems to control financial operations.
Due to the apparent advantages of DeFi systems, people are looking for suitable DeFi cryptocurrencies for trading, saving, or investing. According to DeFi experts, Gnox (GNOX), KuSwap (KUS), and Moonbeam (GLMR) are must-have tokens for 2022 as they shape new DeFi standards and offer simple solutions. Let’s learn more about these tokens.
Gnox Token (GNOX)
The main goal of the Gnox project is to simplify DeFi standards. Given the importance of decentralized finance, which will soon become a part of everyone’s daily life, Gnox’s professional team has decided to give novice and seasoned investors a chance to learn and catch up with the complexities of DeFi with ease.
Gnox is the world’s first reflective token and the first DeFi yield protocol to offer “yield farming as a service” to all types of investors. It uses a portion of its funds to borrow and generate profits, which allows the project to add value to investors and ensure sustainable and growing returns.
GNOX users can generate new GNOX tokens by investing in the Gnox DeFi platform liquidity pool. Meanwhile, the GNOX platform uses these tokens to sustain liquidity.
Gnox applies a 10% royalty fee for every GNOX token trade, 6% of which goes to the treasury, 1% to the holders, and 3% to platform maintenance and marketing.
Analysts have cited the token’s ability to generate passive income as one of the main reasons Gnox has attracted so much attention and excitement.
Shortly after the news about GNOX appeared on the market, the price of Gnox surged 60%. Currently, in its second pre-sale phase, the token attracts thousands of new investors daily, convincing analysts to believe in Gnox’s huge potential.
KuSwap is an innovative automated market maker on the KuCoin Community Chain (KCC) and launched in June 2021.
The main goal of KuSwap is to increase global adoption of Decentralized Finance by expanding the use cases for KUS.
The KuSwap exchange is a non-custodial decentralized exchange (DEX) that allows users to trade without ceding ownership or control of their tokens to other entities, making KUS a smart 2022 investment option.
Moonbeam is an Ethereum-compatible smart contract protocol that aims to assist developers in creating interoperable applications. Moonbeam (GLMR) was launched in January 2020, and since then, its highly secure and easy-to-use DeFi protocol has stood out on the market.
Moonbeam lets developers move decentralized applications (DApps) between two networks without barriers or boundaries.
GLMR Crypto is the Moonbeam Network’s native governance token, enabling the platform to function correctly as a decentralized smart contract platform. Given this, Moonbeam is also expected to thrive in the DeFi industry.
Security measurement and authorization are critical to getting investors to trust your DeFi protocol. Speaking of Gnox Token (GNOX), the newly released token has passed KYC and security audits and has a smart contract approved by Soken, the world’s leading blockchain security firm. Knowing this, GNOX is expected to become an exciting Defi solution in 2022.
For more on GNOX:
Join Presale: https://presale.gnox.io/register
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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