The rise of cryptocurrencies in recent years has been nothing short of meteoric. Starting with the launch of Bitcoin in 2009, the market has exploded to include thousands of digital currencies, each with unique features and purposes. One of the more interesting developments in the world of cryptocurrencies has been the emergence of “meme cryptocurrencies.” Another popular meme cryptocurrency is Big Eyes Coin (BIG). It was created to shift wealth from centralized exchanges like Banks to Decentralized (DeFi) space. In addition, coins like Aave (AAVE) and Terra Classic (LUNC) are also expected to make good profits in the next 3 years.
Big Eyes Coin (BIG): Meme Coin With Massive Profits
Big Eyes Coin is a cryptocurrency created to provide a unique and innovative approach to tokenomics. The idea behind the project is to create a coin that can be used for various purposes while also providing a strong foundation for long-term growth and stability. One of the key features of Big Eyes Coin (BIG) is its focus on community-driven decision-making. The project is designed to be decentralized, meaning that the community plays a major role in determining the project’s direction and developing new features. This is achieved through a decentralized governance model, allowing community members to vote on important project decisions.
Tokenomics of Big Eyes Coin (BIG)
In terms of tokenomics, Big Eyes Coin (BIG) uses a proof-of-stake (PoS) consensus mechanism to validate transactions on the network. As a result, users who hold BIG Tokens can earn rewards for participating in the network by staking their coins and helping to validate transactions.
Not to mention, new investors can use the code BIGsave943 for a BIG bonus.
Aave (AAVE) – User-Friendly Lending platform
Designed on the Ethereum blockchain, Aave (AAVE) uses smart contracts to facilitate lending and borrowing. It connects borrowers and lenders in a decentralized and anonymous way. This protocol allows users to earn interest on cryptocurrency deposits and borrow against their collateral. This platform is among the leading DeFi network. It receives liquidity from those who deposit cryptocurrencies and allows those who wish to receive loans to do so in a simplified and much faster way than traditional financing instruments.
Aave (AAVE) uses two types of tokens issued to lenders, so they collect interest on deposits and AAVE token, which is the native token of the platform. If a user needs money, you can provide collateral in the form of cryptocurrency. The amount of money you can borrow is based on the value of your collateral. Once you repay your loan, collateral is returned to you. The protocol is a set of rules in algorithms related to the functioning of the Aave mechanism. The system works according to these operating rules written in the protocol.
Terra Classic (LUNC) – One of the Fastest Chains in Existence
Launched in March 2018, Terra Classic (LUNC) is used to operate a collateralizing mechanism that blocks and secures the price stability of Terra network stablecoins. This protocol was designed to save service providers hundreds of millions per year by challenging incumbent retail payment apps. Terra Classic (LUNC) ecosystem developers to build new protocols and dApps using a development platform and blockchain-agnostic framework.
This protocol runs the Tendermint Delegated Proof-of-Stake algorithm as well as Cosmos SDK. It aims to become a new worldwide financial infrastructure on which different dApps can be easily created. This protocol was developed to maintain the balanced equilibrium of stablecoins like TerraERU, TerraSDR, TerraUSD, and TerraKRW. It maintains its equilibrium by using specialized algorithmic spending and stablecoin usage data. Information is gathered from the Terra blockchain and LUNA at the system’s center.
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