How Big Eyes Coin, Cardano, And MakerDAO Are Standing Tall In Crypto Market

How Big Eyes Coin, Cardano, And MakerDAO Are Standing Tall In Crypto Market

The trending Big Eyes Coin (BIG) and its attention-grabbing feline mascot are furiously making waves in the cryptocurrency and blockchain network community. With its increasing recognition for potential and growth, Big Eyes Coin is gathering a lot of attention even besides regular cryptocurrency big names like Ethereum and its currently declining Dogecoin rival. What could be so great about this coin? You might ask. Here’s a comprehensive walkthrough on what’s so great about the Big Eyes Coin.

Trading and purchasing cryptocurrency can sometimes be too technical and hard for a lot of people to understand, especially for new users. Big Eyes Coin will change this narrative and history by creating a platform where users can generate profits for initial purchases using the platform’s tools and system.

Enter The World Of Cuteness With Big Eyes Coin

How Big Eyes Coin, Cardano, And MakerDAO Are Standing Tall In Crypto Market

Image Source: BigEyes.space

As a new community-driven cryptocurrency in the increasingly popular meme coin sector, Big Eyes Coin (BIG) is a blockchain network that aims to bring wealth into the decentralized finance (DeFi) environment while also protecting the world’s ocean ecosystem.

Big Eyes Coin is a worthy purchase, as currently, DeFi is inaccessible to 99% of the world. Additionally, there is Big Eyes Coin merchandise that will be available in both digital and physical forms, so you make your profits in style and class.

Big Eyes Coin will facilitate its development within a short period. A development plan has been mapped out for this purpose. The first plan is to gather acquisition through social media and its wide range of influence. Its starting success will depend on the already encouraging reception and popularity of the platform in its infancy.

Big Eyes (BIG) will develop an NFT project that will be community-based and bring value to the ecosystem and be ranked as a Top 10 NFT project shortly.

With its growing popularity among famous influencers and celebrity circles, the Big Eyes Coin would provide optimal and satisfying services on its platform. It would include a lot of convenient and interesting features that would make it unique compared to other Blockchain networks.

>>>> Know More About Big Eyes Project & Presale Here <<<<

Big Eyes Coin (BIG) Tokenomics

● No buy taxes, sell taxes, or fees are involved.
● 90% of its 200 billion tokens would be available for purchase at launch.
● Availability in cryptocurrency exchange soon after launch.
● 5% of its total token supply goes to ocean sanctuaries for ocean ecosystem benefit.
● The initial liquidity would be locked for 2 years.

Big Eyes Coin is the functional token that will be used for activities, rewards, governance, and fees on the platform. Even profits from events will go into a burn or not burn vote for users to decide and a dynamic tax system will allow fees for LP acquisition and marketing wallet.

The Big Eyes Coin platform will also organize giveaways and rewards for user participation on the platform. The community, as a DeFi platform would allow token users to vote on major changes and decisions to be made on the platform.

Bigeyes Official website: bigeyes.space

Twitter page: https://twitter.com/BigEyesCoin

Instagram Page: https://www.instagram.com/BigEyesCoin/

Telegram: https://t.me/BIGEYESOFFICIAL

The Web 3 Protocol – Cardano

The Web 3 Protocol - Cardano

Cardano (ADA) is a blockchain network platform for innovators, change-makers, and people with the right tools and technology to bring about positive change in the global community.

Cardano has proven to be one of the most active and busiest digital assets in the cryptocurrency and blockchain network community in the past year with predictions of increasing value. It isn’t too excessive to say that the Cardano is a token worth purchasing if you’re looking for increased profits.

Cardano (ADA) is built by a decentralized community of scientists, engineers, and thought leaders united in a common purpose which is to create a technology platform that will ignite the positive change the world needs. The system believes that the future should not be defined by the past and that more is possible through technology.

Every Cardano holder also holds a stake in the Cardano network. Cardano stored in a wallet can be delegated to a stake pool to earn rewards. In time, Cardano will also be usable for a variety of applications and services on the Cardano platform.

As a third-generation or Web 3.0 protocol, Cardano solves the problems of blockchain technology: scalability, speedy transactions, and total decentralization. The platform is the first protocol to be based on peer-reviewed research.

Cardano has a goal to develop a trustworthy and safe platform for easier access to financial services, DApps development, and improvement of blockchain technology. The platform does this by utilizing Hydra – a Layer 2 scaling solution and Ouroboros – a chain-based Proof of Stake mechanism. ADA is the native cryptocurrency of Cardano and is used to store, send and receive funds.

What You Can Do With Cardano Tokens

ADA is a digital cryptocurrency that any user, located anywhere in the world, can use as a secure exchange of value without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano blockchain. Every Cardano holder also holds a stake in the Cardano network.

Advantage Of Cardano Over Ethereum

Developers can use both the Ethereum and Cardano blockchains for similar features, like running custom programming logic (smart contracts) and building decentralized applications. The heart of any blockchain platform is the algorithm it uses to create blocks and validate transactions.

Cardano and Ethereum use different blockchains. The major difference currently is that Ethereum’s proof-of-work blockchain is proving less flexible than Cardano’s Proof-of-Stake Ouroboros consensus protocol.

It appears that looking at the present market trend, Cardano appears to be a better purchase. Its price is more affordable than Ethereum’s price right now and its potential value is also increasing. As the DApp market grows, Cardano is likely to see an increase in value.

A Better, Smart Cryptocurrency – MakerDAO (DAI)

A Better, Smart Cryptocurrency - MakerDAO (DAI)

Image source:MakerDAO (DAI)

As the world’s first unbiased currency, MakerDAO (DAI) is a stable, decentralized currency that does not discriminate between any parties. Any individual or business can realize the advantages of digital cryptocurrency. As an Ethereum-based protocol, MakerDAO is the creator of DAI, a stablecoin which is a popular type of cryptocurrency that serves as a midpoint between centralized and decentralised asset exchange.

These kinds of cryptocurrencies are the copycats of traditional currency but they also function just like other cryptocurrencies. This gives it a fairly stable value. The MakerDAO platform is fully decentralised and runs on a government model employed by most cryptocurrency platforms: the decentralised autonomous organization (DAO).

Users generate MakerDAO tokens by locking cryptocurrency in a Maker Vault at a certain Liquidation Ratio. A Maker Vault is where a user stores their collateral asset and receives DAI in return. Users get their collateral back once they pay the borrowed DAI.

Users help to maintain the value of DAI by interacting on the MakerDAO (DAI) platform through the Oasis DApp. These interactions range from governance participation, and the creation of collateral loans to managing Maker Vaults.

Benefits of MakerDAO (DAI)

● The stability that it has makes it suitable for expenditures. Retailers and individuals don’t always want payment in cryptocurrencies that can change value overnight but the stability of MakerDAO makes it optimal.
● You can use it to lock in profits or losses and hedge risk. DAI will offset some of your portfolio’s overall risk.
● DAI benefits from all the advantages of the blockchain. Stablecoins are transferable worldwide without a bank account. They are also incredibly secure if stored correctly.

How Does The DAI’s Value Remain Stable?

It’s known that MakerDAO (DAI) is known for its stability. As for how it’s maintained: apart from reducing the risk for MakerDAO as lenders, the CDP mechanism helps peg DAI to USD. MakerDAO can also vote to change the DAI savings rate and stability fee to manipulate supply and demand for DAI. Let’s see exactly how it happens:

● When DAI dips below the peg, the system makes it attractive for users to repay their debts, collect their collateral, and burn their DAI. This can be achieved by increasing the Stability Fee, which makes borrowing more expensive. The DAO could also increase the DAI Savings Rate, increasing the demand for investment in the token.

● When DAI is above its peak, the opposite process occurs. The DAO creates tempting offers to generate DAI if the Stability Fee is lowered. This makes new DAI and increases total supply, lowering the price.

Purchasing these promising cryptocurrencies is looking optimistic from an economic point of view. So, missing out on them is gonna be a great shame. Purchases are sure to have double, triple, or even more profits than expected.

Infostor has no affiliation or relationship with any projects or events unless explicitly stated otherwise. None of the information you read on Infostor should be taken as investment advice.

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