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More than a month after it was sued by the US Securities and Exchange Commission, leading cryptocurrency exchange Coinbased recently announced that it would be suspending staking services in four states of the country.
The move has put the spotlight on three other top crypto coins which are known for their staking mechanisms – DigiToads (TOADS), Chainlink (LINK), and Aave (AAVE).
As more crypto users gravitate towards these tokens, their prices have also touched new highs.
While Chainlink and Aave have been around for a while, DigiToads' meteoric rise has come as a surprise to many, since it was launched just a few months ago.
The Ethereum-based cryptocurrency has a hybrid DeFi model and a decentralized autonomous organizations (DAO) structure for governance. Its presale growth has also been very impressive.
The platform still might have two more presale stages to wrap up, but it has already raised over $6.2 million in funding.
DigiToads can be credited with bringing hybrid DeFi into the limelight for its potential to drive financial inclusion.
DigiToads' economic framework sports the features of three crypto coins. The multi-faceted model allows DigiToads users to earn passive income by staking, trading, winning tokens in Web 3.0 games, participating in trading competitions, and entering prize draws.
The platform's native cryptocurrency is the TOADS token which is built on the ERC2-20 standard.
DigiToads is one of the best altcoins to buy now as its play-to-earn game is an unmissable opportunity to boost your passive earnings.
The game has a total of 12 seasons in a single year. When each season ends, the highest
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