Three cryptocurrencies destined to revolutionize the DeFi sector. The content of this content should not be construed as advice and is for informational purposes only.
Growing interest in cryptocurrencies has revolutionized the traditional financial system. The tremendous growth of digital currencies has led to the birth of decentralized financial systems that are more effective than centralized banking systems. This turn in the financial world has spawned many cryptos and VertoChain (VERT) is a relatively new addition within the crypto space.
Many established cryptocurrencies are already on the market, but people are still interested in new coins. One reason could be the recent cryptocurrency crash incident. Cryptocurrencies are volatile. Therefore, investors find coins with lower starting rates to secure their investment. So if you are looking forward to new cryptocurrencies, VertoChain (VERT), The Graph (GRT) and Fantom (FTM) may surprise you. Let’s explore their features and benefits.
Vert Chain (VERT)
A newly added coin, VertoChain (VTC), offers endless ways to explore the benefits of DeFi systems such as multi-chain farming, liquidity provision, and yield farming. VERT works as a decentralized protocol that allows you to manage your digital assets more efficiently and conveniently. The platform runs on multiple blockchains, ensuring trustless, automated and secure transactions. Being a DeFi protocol, this crypto eliminates any outside influence on transactions.
There are many cryptocurrencies on the market, but many of them lack effectiveness and efficiency and fail to protect users’ assets. This is where VertoChain comes into play. This coin aims to provide a platform where users can experience the best customer service and best features of her DeFi system. The shortcomings faced by previous currencies inspire the framework of the protocol. The result is a better asset experience.
The coin is built on the Binance Smart Chain (BSC) and uses a Proof of Stake mechanism to secure user transactions. Therefore, it aims to provide security, scalability, and integrity. In addition, the platform aims to provide fast trading with low fees using the framework of BSC. The system leverages effective source code, extensive developer support, and blockchain integrity to provide security.
Users can also experience peer-to-peer trading and asset exchange on Binace Smart Chain, Tezos, Avalanche, Solana, and Ethereum. With the native token VERT, owners have governance roles and other possibilities related to DAOs. You will have to wait until the coin is officially released to try all these features.
Graph (GRT)
An indexing protocol named The Graph (GRT) is responsible for querying IPFS, PAO, and Ethereum data. However, the list will eventually include more networks. Additionally, he is responsible for managing DeFi systems and applications for the Web 3.0 ecosystem. The platform allows subgraphs used to retrieve blockchain data when developing open APIs.
Thousands of developers have already deployed nearly 3000 subgraphs to be used in decentralized apps like Synthetix, Uniswap, Aragon, Livepeer, Balancer, DAOstack, Gnosis, or Decentraland. In September 2020, The Graph confirmed his over 7 billion queries, showing his MoM growth of over 50%. GRT is the utility token of this platform and can guarantee the security and integrity of your data.
Phantom (FTM)
Fantom (FTM) is an intelligent contract-enabled directed acyclic graph (DAG) platform. Developers will find this platform to be the perfect place to explore decentralized financial (DeFi) services with bespoke consensus algorithms. Additionally, there is a native token named FTM that aims to solve the shortcomings of most smart contract platforms. For example, the speed and rate of transactions are improved.
An open-source platform for solving core blockchain problems such as scalability, security, and decentralization. The platform deploys several tools that facilitate the application and adoption of DApps, including complex staking reward systems and embedded instruments.
Cryptocurrencies are one of the largest markets in the digital world in terms of market value and variety of assets. Some new coins such as VertoChain (VERT), The Graph (GRT) and Fantom (FTM) may be worth noting for superior features that previous coins failed to offer. For this reason, despite several crypto giants, many investors are flocking to the crypto space in search of new coins.
Vert Chain (VERT)
Pre-sale: Sign up for Vertochain presale
Website: Official VertoChain website link
telegram: Join VertoChain Telegram Channel
Read: Take advantage of the current market downturn by buying these 3 cryptocurrencies
