Sheild Your Portfolio From Bear Market With These Potential Big Gainers: Gnox (GNOX), Elrond (EGLD) And UniSwap (UNI)
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Crypto prices continue to meander around cyclical lows. Many, if not most altcoins have seen drops of 90% and more from last autumn’s highs. But sometimes you can find good deals at the bottom of the barrel. Here are two cryptocurrencies that have the potential to float back to the top pretty quickly when inflows begin again, plus one that is just now entering the fray.
The new kid on the block, Gnox Token offers holders “yield farming as a service.” The idea is to make yield farming as simple as possible for crypto investors. All the hard work is done for GNOX holders by a team of experienced DeFi analysts. For those who don’t have the time required to do all the research and babysit their investments, this is an attractive value proposition.
The way it works is a common treasury is funded by a 10% royalty on aftermarket sales of GNOX tokens. With each sale, the treasury grows larger. The funds are invested in a diversified collection of passive income opportunities such as liquidity pools, lending platforms, and staking rewards. Profits from the treasury are shared proportionally amongst all GNOX holders.
GNOX token is currently in presale mode which is broken up into three phases with an allotment of tokens set aside for each phase. Any unsold tokens at the end of each phase are burned thus raising the price of the token. Upon launch, the remainder of unsold tokens will be burned, substantially increasing the price per token. From there, an ongoing buy-back-and-burn mechanism assures the token has deflationary tokenomics while offering ongoing passive income.
Uniswap was the first decentralized crypto exchange to gain
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