Gnox is a protocol that allows crypto investors to earn a passive income simply by buying and holding tokens (yield farming as a service). The platform is built on Binance Smart Chain, and promises to bridge the gap between traditional and crypto investments. Gnox is has sold 100% of its tokens in its recent presales This has caused investors in Polygon and Avalanche to bridge over to Gnox.
Polygon (MATIC) And Avalanche (AVAX) Investors
Polygon (formerly Matic Network) is a Layer 2 scaling solution that enables faster, cheaper, and more secure transfers on the Ethereum blockchain.
Avalanche is a decentralized finance protocol that enables users to create and trade digital assets on a decentralized network.
Both Polygon and Avalanche are built on the Ethereum blockchain and aim to scale the Ethereum network. Polygon does this by providing a Layer 2 scaling solution, while Avalanche enables users to trade digital assets on a decentralized network.
Polygon has been gaining traction in the past few months, with a number of high-profile partnerships and integrations. These include projects such as Binance, MakerDAO, and Aave.
Avalanche, on the other hand, has been working on its own mainnet and is expected to launch in 2021. The protocol has also partnered with major players in the space such as Chainlink and Coinbase.
What is Gnox (GNOX)?
Gnox’s massive presale sellout has piqued the interest of investors worldwide. The project’s innovative approach to closing the gap between the crypto and fiat worlds while demonstrating the benefits and usability of the DeFi world is primarily responsible for the project’s hype.
Gnox, one of the first reflecting tokens to use yield farming as a service, allows its holders to receive a portion of the higher return yields obtained by the Treasury from other protocols in exchange for the service. Passive income generation with Gnox is as simple as purchasing, holding, and receiving an automatic earnings return.
Gnox’s price has risen by more than 60% since it was first made available to the public. Crypto experts attributed the platform’s success to its strong passive income utility and business model.
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.