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Breaking News: Galaxy Digital's Bitcoin Outlook: Uncertainty For Next Year, $250,000 Goal Set For 2027

Align your investments with your values: why are NEAR Protocol (NEAR) and Calyx Token (CLX) worth your while?

Bitcoinist
by Bitcoinist
Last Updated: May 8, 2022 9:23 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto popularity has seen huge growth all over the world. With tens of thousands of coins available on the market, there is definitely enough to suit everyone’s individual needs. However, it can also become more difficult and confusing about where to focus your investments.

There are many crypto investing strategies that one can adopt, from short-term trading to take advantage of price volatility to long-term holding. But choosing specific cryptocurrencies to invest in is probably the most challenging and important aspect of your crypto journey.

So how to determine that you have made the right choice? One way you could think of it is whether the crypto project represents your values and interests. Are you all about DeFi (Decentralised Finance)? Community-empowerment? Passive income? If you are into decentralised, community-run projects, NEAR Protocol (NEAR) and Calyx Token (CLX) could be your next investment opportunity.

Why is NEAR Protocol (NEAR) a good investment?

NEAR Protocol (NEAR) is a decentralised community-focused network that promotes user-friendly and scalable technology development. NEAR is based on NightShade technology, a sharding design that enables fast transaction processing while simultaneously increasing the capacity of the blockchain.

The NEAR Protocol seeks to decentralise the NEAR ecosystem even further by allowing validators to play a more active role in promoting new and creative initiatives. NEAR validators are offered a once-in-a-lifetime opportunity to earn extra money. Community and continuous development are the interconnected interests of the NEAR Protocol.

To participate in securing NEAR, validators must stake some of their NEAR tokens as collateral, which are then utilised to establish the integrity of the validator’s actions. If the validator attempts to cheat or alter the blockchain record, the system will burn a part of the stake as a punishment.

The NEAR price is projected to skyrocket in the near future. The positive impact is likely to be brought by on-chain activities, retail uptake, audience increase, and ecosystem improvement.

What is Calyx Token (CLX) about?

Calyx Token (CLX) will operate as a permissionless liquidity protocol and will eventually become a community-driven initiative. CLX token holders will be in charge of managing the CalyxDAO. CalyxSwap will collect liquidity from many liquidity sources, enabling traders to achieve the best price and the quickest transactions possible.

Calyx Token’s community-driven approach, implemented via CalyxDAO, empowers community members and assures equitable representation of priorities in order to prove to be valuable to the whole ecosystem. It will also contribute to the Calyx Token network’s security and stability. As the Calyx Token’s value rises, it will become more important than ever to give the community ultimate control, allowing them to decide on and adopt vital network decisions.

CLX token holders will have the opportunity to stake their tokens in order to receive voting rights for a variety of agendas, such as trading costs, the adoption of various blockchains, and a multitude of other suggestions. Transparency, accessibility, and sustainability are critical considerations in sustaining a decentralised community composition.

If you feel like your interests are similar to those of the Calyx Token (CLX) community, then why not check out its presale, where you can purchase CLX for a competitive price.

For more information about Calyx Token:

https://presale.calyxtoken.io/register
https://calyxtoken.io
https://t.me/CALYX_TOKEN_OFFICIAL
https://twitter.com/CalyxToken
https://www.instagram.com/calyx_token

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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