If you’re looking for ways to improve your crypto wallet, we have good news. As the first half of 2022 draws to a close, you want to achieve that financial goal. By buying CashFi (CFI), Binance (BNB) and Uniswap (UNI), you may be well on your way to achieving this goal.
Binance (BNB) is the native coin of BNB Beacon Chain (formerly Binance Chain) and BNB Smart Chain (formerly Binance Smart Chain). BNB is the third largest cryptocurrency by trading volume after Bitcoin and Ethereum (ETH). Binance offers several utilities such as BNB for Binance Exchange and Binance Decentralized Exchange (DEX) for payment of transactions on BNB Beacon Chain and BNB Smart Chain.
Moreover, with BNB, users can pay for goods and services for online and offline store purchases. Users who frequent Travala.com can also use BNB to book hotels and flights. Before Binance When the Coin mainnet launched, it was simply an ERC-20 token mined on the Ethereum (ETH) network. But in mid-March 2022, BNB reached a market capitalization of over $48 billion.
Earlier in June 2022, Binance secured a new $500 million investment fund backed by top global institutional investors such as DST Global Partners, Breyer Capital and Whampoa Group. The new fund catalyzes the company’s efforts to expand cryptocurrency use cases and drive the growth of Web3 and blockchain technologies. According to CoinMarketCap, at the time of writing, a BNB sells for $296.16.
Uniswap (UNI) is a leading decentralized exchange application in the cryptocurrency market, currently ranking as the leading DEX with a trading volume of over $800 billion, a figure that exceeds some of the major CEX platforms (exchange centralized).
On Uniswap (UNI), users are the liquidity providers who contribute assets to decentralized liquidity pools. This helps the network build user loyalty and create a lasting sense of belonging for more effective collaborations. These liquidity providers own a fraction of the fees generated by their pool, creating passive income with each fee.
Since its launch in November 2018, Uniswap (UNI) has undergone three updates, with the third version offering better capital efficiency, better oracles, and flexible fees. At the time of writing, CoinMarketCap pegs the value of one UNI at $5.05.
CashFi (CFI) is a future-oriented decentralized network with $CFI as the ERC20 token. This next-generation platform uses a unique fee-sharing approach to provide investors with access to many asset classes. The network aims to deepen collaboration and interconnection by making multiple asset classes available to users. Some of these class assets include liquid staking, NFTs, and synthetics. The platform’s design serves to unite the blockchain ecosystem and foster faster, cost-effective, and scalable services. The presale started on June 1 and will end on September 6, 2022.
CashFi is basically into liquid staking solutions, especially since its CashFi protocol will allow individuals to unlock cash for higher yield by staking CFI. The platform provides a cross-chain CFI and NFT marketplace, with a dedicated creation hub that enables smooth and cost-effective minting of NFTs across multiple chains. CashFi will also be a staking infrastructure provider, contributing to the security of major digital networks around the world.
CashFi plans to introduce POS asset currencies to the DeFi space and include use cases such as providing liquidity for DEXs and facilitating lending and borrowing. It will also offer validation solutions to its ecosystems to validate entire networks spanning multiple chains.
The network CFI Stake will serve as a liquid staking platform that will allow outlets tokens to grow and prosper. The stake will allow users to natively protect PoS platforms via 1:1 pegged ERC-29 liquid staking representation tokens on Ethereum (ETH)which allows them to access the liquidity of the staked assets. CFI Stake will allow you to engage in Ethereum DeFi side-by-side with staking, diversifying wealth creation and boosting your returns.
Whether you are a beginner or a veteran holder, investing in CFI tokens can be a smart financial decision that allows you to earn passive income as the platform grows. Liquid staking offers tremendous value for investors, and its recent upsurge is a clear indication that for projects like CashFithere are enough benefits for everyone.
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