In the cryptocurrency market, decentralized tokens are making waves. Tokens, which allow ecosystem users to vote on protocols and future innovations, are community-driven. The decentralized nature of the tokens causes the ecosystem to grow organically and in ways the community members enjoy.
Immunicorn finance is a reserve token launched on the BNB blockchain that looks to achieve a high level of decentralization. Immunicorn finance will be discussed alongside Polkadot and Polygon.
Introduction to Immunicorn Finance
Immunicorn Finance is a reserve token with a Decentralized Autonomous Organization (DAO) built on the BNB smart chain. A reserve token is a token whose price is backed by a reserve of cryptocurrencies. The unit price of a reserve token is guaranteed not to go below a stated floor value.
Immunicorn was formed from two words, ‘Immune’ and ‘Unicorn.’ Immune means protected from, while Unicorn is desirable and also rare. From the individual meanings of the two words from which Immunicorn was coined, Immunicorn as a whole means a desirable ecosystem with a promise of protection.
Immunicorn finance chose to launch onBNB chain because of the blockchain’s speed and cost of transactions. BNB is one of the cryptocurrency market’s fastest, community-driven, open-source blockchains.
The native token of Immunicorn finance is IMU. IMU will be used for all services on the ecosystem alongside other cryptocurrencies. The total number of IMU in circulation is 50 billion.
Earning in Immunicorn finance can be done in three ways:
What is the Goal of Immunicorn Finance?
Immunicorn finance aims to facilitate a policy-controlled system that would allow the Decentralized autonomous organization(DAO) to control the IMU token at a high level.
Immunicorn is about to change cryptocurrency with a well-planned approach to innovation and is prepared to address all of the shortcomings and risks commonly associated with platforms like it. There will be a variety of tokens to provide a versatile look into lending and borrowing.
Immunicorn finance platform will be governed and led by the community. Members of the development team are only given a portion of the platform’s native token during allocation to ensure that the power of governance and voting for the platform remains in the hands of the community and cannot be influenced in any other way.
Polygon (MATIC) is a technology platform that connects and scales blockchain networks. The polygon network is a layer-II platform that was developed in 2017. The polygon network connects Ethereum-based projects using the Ethereum (ETH) blockchain.
Polygon (MATIC) is the Polygon network’s native cryptocurrency. Polygon (MATIC) is an ERC-20 token interchangeable with other Ethereum cryptocurrencies. Polygon network launched Polygon studios in 2021, a project centred on blockchain gaming and non-fungible tokens (NFTs).
Polygon (MATIC) provides developers with solutions to problems that arise on a single network. This approach gives developers a high level of control and customization when selecting the best scaling solution for their applications.
Polkadot (DOT) is a protocol designed to build an interoperable network of blockchains that will allow independent blockchains to communicate and collaborate. The goal of this project is to create a completely decentralized web.
Polkadot’s native cryptocurrency is the DOT token. Being a governance token, the DOT token gives holders voting power on the Polkadot protocol. The DOT token validates transactions and bonds Polkadot’s parachains via staking.
Despite the crypto bear market, Polkadot (DOT) found success and stability in these conditions, becoming one of the world’s largest cryptocurrencies within a year of its launch. The ability to earn passive income is a significant benefit of owning DOT tokens.
Immunicorn Finance (IMU)
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