DeFi Projects to Keep an Eye on: The Graph (GRT), Uniswap (UNI), and CashFi (CFI)
CashFi (CFI) has plans to enable its users to unlock liquidity for a higher profit by staking CFI tokens.
One of the growing aspects of the crypto industry is the decentralised finance (DeFi) sector that aims to eradicate the interference of third-party intermediaries, like banks, in financial transactions and services. The DeFi sector has a total market cap of about $50 billion and thousands of coins trading in it. If you are looking for DeFi investment opportunities, pay attention to The Graph (GRT), Uniswap (UNI), and CashFi (CFI).
How does The Graph (GRT) improve the crypto world?
The Graph (GRT) is an indexing protocol that enables blockchain networks like Ethereum to index data. It allows anyone to build and publish APIs called subgraphs which make data easily accessible. Subgraphs can be composed into a global graph of all the world’s public information which can then be transformed, organised, and shared across various applications for anyone to query with just a few keystrokes.
Before this platform’s launch, teams had to develop and operate proprietary indexing servers and this required a lot of engineering and hardware resources which broke the security properties needed for decentralisation.
The Graph (GRT) makes querying the data stored on open networks on Web 3.0 fast, reliable, and secure. As it is, more than 25 blockchains are using the platform for these reasons. In order for the blockchains to do that, they have to use GRT tokens to pay for transactions. The token had experienced a growth of over 700% hitting a high of $2.20 from its launch price of $0.21. Although the token’s price is now lower, it is still worth keeping an eye on it.
Uniswap (UNI) – improving user experience
Uniswap (UNI) is an open-source protocol for providing liquidity and trading ERC-20 tokens on Ethereum. It removes third parties and unnecessary forms of rent extraction and provides a safe, accessible, and efficient exchange of activity. It is a platform that enables users to exchange tokens on a peer-to-peer (P2P) basis with no centralised party needed. This is very different from other crypto exchanges like Binance, FTX, and Coinbase which are centralised and make huge commissions off their users.
Uniswap (UNI) uses an Automated Market Maker (AMM) model, which sets prices based on several variables like volume, market cap, and demand. This enables a smooth and decentralised way of trading cryptocurrencies. Its native coin UNI is one of the top 30 tokens according to CoinMarketCap at the time of writing. It has over $4 billion in market capitalization.
What does CashFi (CFI) bring to the crypto market?
CashFi (CFI) is a next-generation decentralised network that will use a unique fee-sharing approach to provide its users with access to a range of asset classes like liquid staking, NFTs, and synthetics. With the platform’s interoperable, decentralised network and its access to a large number of digital assets, they plan to revolutionise the DeFi sector as it is and empower their users.
CashFi (CFI) has plans to enable its users to unlock liquidity for a higher profit by staking CFI tokens. It also features a multi-chain NFT marketplace and a platform that allows the smooth minting of NFTs at low costs and on multiple blockchains. Its native coin CFI will offer its users several benefits. It will govern the DeFi ecosystem and NFT marketplace and holders will be able to partake in its governance by submitting suggestions and voting on changes to improve the ecosystem.
All 3 cryptocurrencies discussed are worth your time and attention. However, further research is needed to make any investment decisions. If you are interested in the newcomer CashFi (CFI), use the links below to learn more about it.
For more information on CashFi (CFI):
Presale: https://enter.cashfi.finance/register
Website: https://cashfi.finance/
Telegram: https://t.me/CashFi_Token
The post DeFi Projects to Keep an Eye on: The Graph (GRT), Uniswap (UNI), and CashFi (CFI) appeared first on .
CashFi (CFI) has plans to enable its users to unlock liquidity for a higher profit by staking CFI tokens.
One of the growing aspects of the crypto industry is the decentralised finance (DeFi) sector that aims to eradicate the interference of third-party intermediaries, like banks, in financial transactions and services. The DeFi sector has a total market cap of about $50 billion and thousands of coins trading in it. If you are looking for DeFi investment opportunities, pay attention to The Graph (GRT), Uniswap (UNI), and CashFi (CFI).
How does The Graph (GRT) improve the crypto world?
The Graph (GRT) is an indexing protocol that enables blockchain networks like Ethereum to index data. It allows anyone to build and publish APIs called subgraphs which make data easily accessible. Subgraphs can be composed into a global graph of all the world’s public information which can then be transformed, organised, and shared across various applications for anyone to query with just a few keystrokes.
Before this platform’s launch, teams had to develop and operate proprietary indexing servers and this required a lot of engineering and hardware resources which broke the security properties needed for decentralisation.
The Graph (GRT) makes querying the data stored on open networks on Web 3.0 fast, reliable, and secure. As it is, more than 25 blockchains are using the platform for these reasons. In order for the blockchains to do that, they have to use GRT tokens to pay for transactions. The token had experienced a growth of over 700% hitting a high of $2.20 from its launch price of $0.21. Although the token’s price is now lower, it is still worth keeping an eye on it.
Uniswap (UNI) – improving user experience
Uniswap (UNI) is an open-source protocol for providing liquidity and trading ERC-20 tokens on Ethereum. It removes third parties and unnecessary forms of rent extraction and provides a safe, accessible, and efficient exchange of activity. It is a platform that enables users to exchange tokens on a peer-to-peer (P2P) basis with no centralised party needed. This is very different from other crypto exchanges like Binance, FTX, and Coinbase which are centralised and make huge commissions off their users.
Uniswap (UNI) uses an Automated Market Maker (AMM) model, which sets prices based on several variables like volume, market cap, and demand. This enables a smooth and decentralised way of trading cryptocurrencies. Its native coin UNI is one of the top 30 tokens according to CoinMarketCap at the time of writing. It has over $4 billion in market capitalization.
What does CashFi (CFI) bring to the crypto market?
CashFi (CFI) is a next-generation decentralised network that will use a unique fee-sharing approach to provide its users with access to a range of asset classes like liquid staking, NFTs, and synthetics. With the platform’s interoperable, decentralised network and its access to a large number of digital assets, they plan to revolutionise the DeFi sector as it is and empower their users.
CashFi (CFI) has plans to enable its users to unlock liquidity for a higher profit by staking CFI tokens. It also features a multi-chain NFT marketplace and a platform that allows the smooth minting of NFTs at low costs and on multiple blockchains. Its native coin CFI will offer its users several benefits. It will govern the DeFi ecosystem and NFT marketplace and holders will be able to partake in its governance by submitting suggestions and voting on changes to improve the ecosystem.
All 3 cryptocurrencies discussed are worth your time and attention. However, further research is needed to make any investment decisions. If you are interested in the newcomer CashFi (CFI), use the links below to learn more about it.
For more information on CashFi (CFI):
Presale: https://enter.cashfi.finance/register
Website: https://cashfi.finance/
Telegram: https://t.me/CashFi_Token
The post DeFi Projects to Keep an Eye on: The Graph (GRT), Uniswap (UNI), and CashFi (CFI) appeared first on .
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