In a recent interview with Carlin Martin, the host of YouTube Channel “The Moon“, crypto analyst and developer Ivan Liljeqvist, who hosts the YouTube channel “Ivan on Tech“, named three cryptoassets that he is excited about.
PancakeSwap is “a decentralized exchange running on BINANCE Smart Chain (BSC).” Liljeqvist finds PancakeSwap interesting because a lot of smaller volume traders find the transaction fees on Ethereum-powered Uniswap too high and even though BSC is not as decentralized as Ethereum, these people don’t care.
1inch is a DEX aggregator. Liljeqvist says 1INCH has seen a lot of growth. Why? Because for large transactions, 1inch’s higher fees (compared to, say, Uniswap) are not a big concern since by going to multiple DEXs, it can get a better “execution price”.
Polygon (formerly known as “Matic”) is “a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.” According to Liljeqvist, many projects are expanding to Polygon.
Featured Image by “Austin Distel” via Unsplash.com
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