Gnox (GNOX), Maker (MKR) And Evmos (EVMOS) Could Be Your Next Million Dollar Profit Investments
There is no better time for investors than the bear market. With digital asset prices heavily depressed, investors making intelligent decisions now are positioning themselves to join the ranks of crypto millionaires. The bear market destroys weaker projects, but those that survive and the investors who back them go on to flourish in the next bull market cycle. This article features three crypto projects that have the potential to create a new slew of crypto millionaires.
Gnox (GNOX)
Gnox is a unique reflection token designed to provide passive income to its investors by deploying its treasury fund within longstanding DeFi (decentralised finance) protocols. Developers at Gnox have created a single investment vehicle to expose investors to DeFi earnings. Scheduled to launch in Q3 this year, this project is pioneering a new stratagem called Hold To Earn.
DeFi earnings are inaccessible for many crypto investors due to the complications involved; Gnox is making generating yield with crypto assets more equitable and accessible. Gnox has positioned itself for ordinary crypto investors and seasoned crypto investors who desire a less time-intensive earning strategy. With monthly stablecoins set to increase over time as the treasury fund grows, this is a crypto project with vast potential. Not only is it paying out stablecoin during a bear market, but it plans to deliver greater and greater payments. When the markets factor these payments into Gnox’s price, it will make a sharp move to the upside.
Maker (MKR)
MKR is the governance token of the immensely popular MakerDAO. The Maker protocol is a CDP (Collateralised Debt Position) protocol. Users deposit ETH into smart contracts and receive DAI in return.
Maker protocol is a foundational part of the DeFi ecosystem, ranked 2nd by TVL (Total Value Locked). It is one of the most utilised projects as a foundational layer for other projects.
DAI is a decentralised stablecoin and the fourth stablecoin largest ranked by market cap. Holders of MKR can vote on proposals and take an active role in managing DAI with the ability to decide on the type of digital assets that can be collateralised and even the DAI savings rate. The ability to direct DAI’s future direction drives the demand for MKR. As the bear market continues, stablecoins become more popular, and thus the ability to influence them is more desirable.
Evmos (EVMOS)
Evmos is a PoS (Proof of Stake) blockchain that is highly scalable. Utilising its unique Tendermint Core consensus engine Evmos bridges the vast ecosystem of Ethereum with the Comos ecosystem. Evmos allows developers to deploy smart contracts developed on Ethereum to the Cosmos ecosystem- an internet of blockchains. The blockchains within the Cosmos ecosystem are interoperable and use its IBC (Inter-Blockchain Communication Protocol) to transfer assets and data between sovereign chains.
The ability to bring all the value of the Ethereum ecosystem onto the more scalable Cosmos ecosystem is an enormous value proposition, and EVMOS, is guaranteed to boom in price. Thus, making it another excellent choice for investors.
Find Out More Here:
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
The post Gnox (GNOX), Maker (MKR) And Evmos (EVMOS) Could Be Your Next Million Dollar Profit Investments appeared first on .
There is no better time for investors than the bear market. With digital asset prices heavily depressed, investors making intelligent decisions now are positioning themselves to join the ranks of crypto millionaires. The bear market destroys weaker projects, but those that survive and the investors who back them go on to flourish in the next bull market cycle. This article features three crypto projects that have the potential to create a new slew of crypto millionaires.
Gnox (GNOX)
Gnox is a unique reflection token designed to provide passive income to its investors by deploying its treasury fund within longstanding DeFi (decentralised finance) protocols. Developers at Gnox have created a single investment vehicle to expose investors to DeFi earnings. Scheduled to launch in Q3 this year, this project is pioneering a new stratagem called Hold To Earn.
DeFi earnings are inaccessible for many crypto investors due to the complications involved; Gnox is making generating yield with crypto assets more equitable and accessible. Gnox has positioned itself for ordinary crypto investors and seasoned crypto investors who desire a less time-intensive earning strategy. With monthly stablecoins set to increase over time as the treasury fund grows, this is a crypto project with vast potential. Not only is it paying out stablecoin during a bear market, but it plans to deliver greater and greater payments. When the markets factor these payments into Gnox’s price, it will make a sharp move to the upside.
Maker (MKR)
MKR is the governance token of the immensely popular MakerDAO. The Maker protocol is a CDP (Collateralised Debt Position) protocol. Users deposit ETH into smart contracts and receive DAI in return.
Maker protocol is a foundational part of the DeFi ecosystem, ranked 2nd by TVL (Total Value Locked). It is one of the most utilised projects as a foundational layer for other projects.
DAI is a decentralised stablecoin and the fourth stablecoin largest ranked by market cap. Holders of MKR can vote on proposals and take an active role in managing DAI with the ability to decide on the type of digital assets that can be collateralised and even the DAI savings rate. The ability to direct DAI’s future direction drives the demand for MKR. As the bear market continues, stablecoins become more popular, and thus the ability to influence them is more desirable.
Evmos (EVMOS)
Evmos is a PoS (Proof of Stake) blockchain that is highly scalable. Utilising its unique Tendermint Core consensus engine Evmos bridges the vast ecosystem of Ethereum with the Comos ecosystem. Evmos allows developers to deploy smart contracts developed on Ethereum to the Cosmos ecosystem- an internet of blockchains. The blockchains within the Cosmos ecosystem are interoperable and use its IBC (Inter-Blockchain Communication Protocol) to transfer assets and data between sovereign chains.
The ability to bring all the value of the Ethereum ecosystem onto the more scalable Cosmos ecosystem is an enormous value proposition, and EVMOS, is guaranteed to boom in price. Thus, making it another excellent choice for investors.
Find Out More Here:
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
The post Gnox (GNOX), Maker (MKR) And Evmos (EVMOS) Could Be Your Next Million Dollar Profit Investments appeared first on .
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