Blockchain technology was introduced as an innovation that would help to protect the user’s data and provide faster and cheaper transactions. Many developers used that technology to develop decentralized finance (DeFi) platforms and offer quick cryptocurrency exchange services. Many DeFiplatforms have struggled due to the high fees of mainstream blockchain networks.
Therefore, an alternative solution was required and some new platforms promise to deliver affordable lending solutions with better security and low costs. These new platforms are frequently mentioned in cryptocurrency news, and we have chosen three of these tokens that have the potential to yield significant gains in the future. The three coins are: Vertochain(VERT), Dogecoin (DOGE), and Near Protocol (NEAR).
Vertochain is a Smart Chain based DeFi Platform Promising Faster Transaction Validation
Vertochain is a new decentralized finance platform. It was created to facilitate simpler access to cryptocurrency assets published on different blockchain networks. This platform aims to speed up the adoption of cryptocurrencies across the globe by overcoming issues faced by popular decentralized finance platforms.
Vertochain aims to reduce transaction fees near zero to increase crypto exchange volumes. It claims to achieve that goal by utilizing the latest technologies available for dAppsand DeFi. This platform will combine expert smart contract services with DeFi’s latest features to revolutionize the cryptocurrency industry. It will try to meet all those goals without compromising on security.
Vertochain will initially facilitate peer-to-peer trading. It will draw users seeking a platform to swap digital assets across BINANCE Smart Chain, Tezos, Avalanche, Solana, and Ethereum blockchains.
This new decentralized finance platform will enable liquidity provision, multi-chain farming, and yield farming. Users will access those features at the most reasonable rates. Besides, the Vertochain community will govern the platform. It will propose, vote, and carry out necessary changes to improve the platform’s credibility.
The Vertochain team is currently working on the user interface to deliver a seamless user experience. This platform will offer all services and features with a simple interface design to encourage more users to participate in crypto trading and token swapping.
The VERT Token will act as the native currency on the Vertochain platform and will act as a ticket to access DeFiservices. All the community perks and special roles will be rewarded to VERT token holders.
Vertochain will offer several tasks in a gamified way to encourage quicker adoption of the new token. Users will seek special roles to gain rewards and it may boost the VERT Token’s adoption in the crypto community.
The VERT Token will be made available for purchase through a presale and could potentially generate handsome returns in the future as it gets listed on mainstream platforms.
Dogecoin whale transactions register a spike of 45%
Dogecoin was initially intended to be a joke or meme cryptocurrency, but it has since grown immensely popular and is now frequently used for cheaper transactions. The number of whale transactions has registered an increase of 45% in the past few days and the rising volumes could soon start a rally. The DOGE Token has received a lot of support from advocates of open source technologies. DOGE Token helps in processing transactions quickly and at lower costs than traditional financial institutions. The community is also known for supporting many charitable causes across the world.
Near Protocol utilizes Nightshade to resolve the scalability problem
Near Protocol is one of the newly introduced blockchains. This network uses cutting-edge sharding technology, known as Nightshade. It allows this blockchain to overcome the scalability issue efficiently. This platform was developed as a decentralized cloud computing platform to host dApps. Near Protocol-based DeFis and dApps can fetch ERC-20 tokens from the Ethereum blockchain without payment of expensive transaction fees. Such features make Near Protocol quite beneficial for crypto traders and developers.
NEAR Token is the native cryptocurrency of this platform. Users need this token to pay data storage and transaction fees on the Near Protocol network.
VertoChain (VERT)
Presale: https://up.vertochain.io
Website: http://vertochain.io/
Telegram: https://t.me/VertoChainOfficial
