This article is especially for you if you are in the stage of your crypto investment adventure asking questions like “what the heck is Pancake Swap”. If you’re already familiar with DeFi, this article has one lesser-known DeFi platform that you might want to dig into.
Take a closer look at the PancakeSwap (CAKE), QuickSwap (QUICK), and Gnox (GNOX) DeFi platforms.
QuickSwap (QUICK) – Just as cheap as Uniswap
QuickSwap is an automated market maker application that runs on Polygon Network. All transactions are backed up by the Ethereum network, but Polygon offers faster and cheaper transactions. Like most DeFi platforms these days, QUICK can bet on passive income.
QuickSwap is actually a fork of the legendary Uniswap DEX, offering the same liquidity pool model and lower rates. It provides similar functionality and a user interface. The platform offers 125 different crypto assets and over 600 trading pairs.
QuickSwap is gaining momentum rapidly and will, so to speak, give Uniswap and other decentralized exchanges a good run for their money.
PancakeSwap (CAKE) —DEX for professionals
PancakeSwap is another DEX that offers high yielding agricultural opportunities. However, PancakeSwap is a bit more complicated and offers a richer palette of opportunities. It’s not a great place for beginners to get started, but it’s very popular with professional harvest farmers.
Many of these people have recently abandoned centralized exchanges such as mice from sunken ships for fear of freezing funds. It, coupled with plunging crypto regulations, makes Pancake Swap a favorite destination for those looking for a truly decentralized pseudonym DeFi platform.
Gnox (GNOX) — Yield Agriculture as a Service
Platforms such as PancakeSwap and QuickSwap offer some sweet harvest farming opportunities, but there is one pitfall. You have to do all the research and all the work yourself. This may be fine for experienced professionals, but not recommended for novice crypto investors.
Gnox provides the ideal DeFi platform for crypto investors with a long-term perspective. Just buy and hold a GNOX token and the rest will be done automatically. From several platforms and across the blockchain, including liquidity pools, peer-to-peer lending platforms, and staking opportunities, you’ll be exposed to a diverse portfolio of cryptocurrencies and passive revenue-generating opportunities. It is called “yield agriculture as a service”.
Gnox has some great features, including an eternal deflationary supply, hourly passive revenue airdrops, and some great incentives for early entry through pre-sale.
The Gnox platform will be officially released in mid-August. However, you can participate in the pre-sale of GNOX tokens by visiting the Gnox.io website. The good thing is that all unsold tokens are burned before going for exchange. This guarantees a fair launch, raises prices and initiates a declining supply.
Details of Gnox:
Participate in presale: https: //presale.gnox.io/register
Website: https: //gnox.io
Telegram: https: //t.me/gnoxfinancial
Discord: https: //discord.com/invite/mnWbweQRJB