Place/Date: – December 9th, 2022 at 4:58 am UTC · 4 min read
Source: Big Eyes Coin
The growth of decentralized finance has brought delight to many. The sector’s increasing profitability signifies more opportunities for crypto investors to build or improve their wealth. Those that benefit from the last DeFi boom will be hoping to make the most of the imminent one, and newbies are anticipating the predicted surge in the sector.
Learning more about DeFi and committing to DeFi-related projects are ways to profit from the sector, and analysts believe specific crypto projects can help you achieve that. Aave (AAVE) and PancakeSwap (CAKE) are existing altcoins that have contributed to DeFi growth significantly, but Big Eyes Coin (BIG), the new cryptocurrency, could even make a bigger impact on DeFi development. You should consider the three altcoins for your portfolio.
Aave – The Way To Go
Aave is a DeFi lending protocol where you can borrow or lend crypto assets, build dApps, and earn interest. The highly-rewarding liquidity protocol was one of the top-performing DeFi platforms during the last boom, boasting over $8 billion in Total Locked Value (TVL). Aave allows borrowers access to crypto-backed flash loans while they pay back with interest. The paid interest is equally distributed among liquidity providers. It is their passive income from funding the platform’s liquidity pool.
The Ethereum-built platform’s native token, AAVE, ensures the platform remains secure and highly functional. It facilitates the lending and borrowing process and gives members of the Aave DAO the right to vote. Aave (AAVE) has suffered a price dump due to the current market condition, but the future looks promising, especially with the predicted DeFi exponential growth.
PancakeSwap – The Yummiest Defi
PancakeSwap is another DeFi protocol for trading, earning, and winning crypto assets. It is one of the most used decentralized exchanges (DEX), with over a million monthly users. The liquidity protocol has many income, and rewards-earning opportunities users can leverage to improve their wealth. It features a lotto which you can play using a PancakeSwap token (CAKE).
Users can earn through their lottery winnings. Also, you can earn passive income through liquidity staking on the platform. CAKE plays a vital role on the platform. It’s a cryptocurrency with excellent prospects, and experts believe the coming year could be great for the crypto asset. PancakeSwap (CAKE) price decline could be an excellent opportunity to purchase lower and sell higher when it eventually rises.
Big Eyes Coin – Making it BIG
The Big Eyes Coin Coin (BIG) is a meme coin looking to make a substantial impact in DeFi. The new cryptocurrency aims to improve the low statistics of DeFi adoption by driving wealth into the sector to attract more participants. Big Eyes Coin DeFi-related utility will significantly boost its market performance with the sector’s continuous growth. The new meme coin also leverages non-fungible tokens (NFTs) to enable users to access opportunities for growth and income-earning opportunities.
Big Eyes Coin strives to be among the top-performing crypto assets in the next few years, as analysts say the market will keep progressing positively. The crypto asset may meet and exceed Dogecoin (DOGE) in market capitalization, price, and prominence. Big Eyes Coin has the total commitment of its developers and the backing of its community, which will ensure it’s not short-lived like some fluke projects. The crypto project’s smart contract passed the security audit and is certified as a safe project.
Big Eyes Coin (BIG) boasts numerous use cases on the blockchain ecosystem, powering NFTs minting, marketplace trading, rewards, and other functionalities. The meme token could be a good store of value for crypto investors, as it’s billed for price surges upon launching on crypto exchanges. It has enjoyed massive presale success, and it looks on hand to continue the run progressively. You should join the presale soon.
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