Solana and Ethereum are currently two of the top three decentralized open source DeFi platforms by market capitalization and are most beloved by cryptocurrency whales. Between the two blockchains, there are over 200 DeFi platforms offering numerous passive revenue opportunities.
The APR of many staking platforms is huge, but it comes with risks. In addition, it can take a lot of time and experience to actually start making money on these platforms.
If the DeFi project can come up with a way to make the investment in DeFi simple and almost risk-free, we will definitely see mass recruitment and exponential growth. And if there’s something you like about crypto whales, it’s exponential growth.
Well, I found out that there is such a platform. It’s called a Gnox token.
Gnox Tokens are currently flying under radar, but are beginning to attract the attention of smart money. Ethereum and Solana whales understand that platforms such as Gnox, which have the potential to be mass-adopted, can involve millions of people. This is great for ETH and SOL whales, except that GNOX does not exist in Solana or Ethereum, that is, in the Binance Smart Chain. In other words, it can take market share.
What is Gnox Token (GNOX)?
So what makes Gnox popular? It’s easy. literally.
While learning DeFi ropes can take a considerable amount of time and managing investment and risk can take even longer, all crypto investors earn passive income and significantly increase their exposure to risk. You will need to purchase and retain GNOX tokens to reduce them. that’s it.
Here’s how Gnox works …
With Gnox, you’re not just buying one token, you’re actually buying a basket of DeFi platforms that offer passive revenue opportunities such as staking platforms, peer-to-peer lending, and liquidity pools. increase.
First, this diversification strategy significantly reduces the risks associated with putting all eggs in one basket. Second, it significantly stabilizes volatility while tolerating potential storms.
GNOX’s Tokenomics is specially designed to reward early adopters and long-term Hodler. The ongoing ICO will be divided into three monthly phases, with a portion of GNOX’s total supply allocated to each phase. At the end of each phase, all unsold tokens assigned to that phase will be immediately burned, reducing the supply of GNOX tokens and increasing prices.
Then all unsold tokens will be burned to finish the ICO. The other will not be created. This will reduce the circular supply and raise the price of the token just before it is made publicly available.
Next, 6% of all aftermarket sales royalties will be ported to the Gnox Treasury. With every sale, your finances grow over time. It doesn’t matter if the bear market is a bull market or not.
Treasury is invested as described above. All profits from the Treasury will be used to buy back and burn GNOX tokens, further reducing supply and raising prices. In addition, 1% royalties will be airdropped to all GNOX holders.
Tokenomics ensures that the GNOX Treasury sees eternal growth while circulating supply sees eternal deflation. A sacred combination of cryptocurrencies and a combination that has attracted the attention of ETH and SOL whales.
Pre-sale of GNOX will end on August 12th. The platform will be officially released in mid-August. Millions of GNOX tokens have been purchased by early adopters and billions have already been burned.
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
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