The introduction of Decentralized Finance into blockchain technology has eliminated a lot of issues and solved more problems. For example, the involvement of a third party during transactions has been eliminated by the use of smart contracts.
Smart contracts are self-executing as the terms and agreement of the transaction are discussed between the buyer and the seller. These terms and agreements are written within a code which exists across the distributed decentralized blockchain network.
This easily solves the problem of time- transactions are carried out speedily and also at a reduced cost. The introduction of smart contracts has made transaction execution more flexible, safe, scalable, affordable and fast.
These tokens and their blockchains- Avalanche (AVAX), Uniswap (UNI) and Big Eyes Coin (BIG) are great assets as they also execute these smart contracts in a timely and cost-friendly manner.
Could Avalanche be the next Ethereum Competitor?
Avalanche (AVAX) is one of the fastest platforms for the execution of smart contracts in the blockchain technology industry.
Avalanche (AVAX), is a cryptocurrency and blockchain that is said to be an Ethereum (ETH) competitor. It is also speculated to be among the ‘ETH Killers’ because it offers similar services, for example, smart contracts but at very low rates compared to ETH. Its transactions are so fast that finality is almost instant.
Its native cryptocurrency is known as AVAX. This token is used to pay for the gas fees of all transactions in the Avalanche network and also secures it.
At the time of writing this article, the AVAX token is about $20.53 due to the recent crash of the crypto market, this doesn’t take away the fact that it is a great investment because, in November 2021, it reached an all-time high of $149.96.
DeFi platforms to watch out for Uniswap
Uniswap (UNI) is a DeFi platform where traders, investors, developers and liquidity providers interact in an open financial market. It is extremely safe and secure and is the largest DEX operating on the Ethereum (ETH) blockchain.
Decentralization keeps the funds of users secure from hackers. And, it also allows these users to trade their cryptocurrencies without the involvement of a centralized third party. This means it enables Peer-to-peer market-making.
Its native currency, UNI, is an ERC-20 token that fuels Uniswap. Its early investors can attest to the huge returns and rewards they’ve benefited from as holders.
Big Eyes Coin – The Latest Game Changer
Big Eyes Coin (BIG) is a community-driven Token that is a little new to the cryptocurrency ecosystem. Its major aims are to build a growing ecosystem that is self-propagating and to transfer wealth into the DeFi network ecosystem.
Its growth is in 4 stages:
- Stage 1- Crouch
- Stage 2- Leap
- Stage 3- Run
- Stage 4- Catwalk
Its token is BIG. BIG will be used to pay for transactions, for staking and also for rewards like airdrops etc.
What’s different about Big Eyes Coin?
Big Eyes Coin (BIG) believes in a simple ideology that says, “If it can be made better, make it. Doesn’t exist? Create it. Hasn’t been thought of? Think it.” Highlighted below are some of the reasons we think Big Eyes Coin (BIG) is peculiar:
- It is governed by the community; its users and investors will be 100% involved in decision-making.
- It has what is called a ‘Tax-Free Shopping Policy’. Users needn’t worry about fees or taxes
- It has a visible charity wallet that contains 5% of the BIG token for saving the oceans.
- Its services include affordability, flexibility, versatility, and speed.
- Transfer of wealth into the DeFi ecosystem.
Big Eyes Coin (BIG);
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