Fantom and Solana have been two of the most talked-about projects in the cryptocurrency space over the past year. Both have seen incredible success, with Fantom raising over $100 million and Solana becoming one of the fastest-growing networks.
However, it appears that Gnox may be pulling investors away from both of these projects. Gnox recently held a successful presale, selling out all of its available tokens. This has led to a lot of interest in the project, with many investors now looking to Gnox, including investors from Fantom and Solana.
Fantom (FTM) and Solana (SOL)
Fantom is a scalable, decentralized platform that enables fast, secure, and affordable access to real-time data. The platform is powered by a new consensus algorithm called “Lachesis,” which is designed to be more efficient than existing proof-of-work (PoW) and proof-of-stake (PoS) algorithms.
Solana, on the other hand, is a blockchain protocol that uses a novel consensus algorithm to achieve high transaction throughput while maintaining decentralization.
The protocol is designed to be highly scalable, with the ability to process tens of thousands of transactions per second. Solana also uses a number of novel features to improve security and reduce the likelihood of forks.
Both Fantom and Solana holders are getting interested in Gnox, a new decentralized finance platform that allows investors to earn a passive income simply by buying and holding its tokens. Gnox is designed to bridge the gap between traditional and crypto investments. The platform has already attracted significant interest from investors and users alike.
Gnox’s massive presale sellout has caught 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.
The Gnox team revealed that during its initial presale session, it sold 49.5 million tokens, increasing the token’s price by more than 60%. At the end of the first presale round, 1.3295 billion Gnox tokens were burned, raising the price even higher and totaling a 63% increase.
Gnox, one of the first reflecting tokens to use yield farming as a service, allows $GNOX 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.
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register
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