Decentralized finance is a revolutionary movement with aims to cut intermediaries and the expensive taxes that comes with making transactions. The decentralization has gained heavy traction with several crypto enthusiasts joining the trend to make a positive impact in the finance space. Logarithmic Finance (LOG) is another opportunity for innovators and investors to experience the true powers of DeFi.
Logarithmic Finance’s ecosystem is advanced and offers a Layer-III swapping protocol that’s built for the promotion of seamless connectivity between early-stage project innovators and investors. Logarithmic Finance is a platform that can accommodate all projects centred on Defi and find potential investors for them. The platform is a secure, non-custodial, cross-chain environment giving possibilities to raise funds on any preferred blockchain.
Logarithmic Finance fills the gap created by innovators not having enough funds for projects and positions the idea of a liquidity pool to the next level by giving liquidity pooling options to the project innovators. This will include Project innovators that are in the need of funds for initial market entry across open blockchain networks.
Should I Choose LOG Over A Token Like Kava (KAVA)?
Kava’s native tokens thrive due to the features the ecosystem presents which is a fast layer-I blockchain that combines two ecosystems – Ethereum and Cosmos – into one scalable network. The network allows for multiple projects on it including Web 3.0, NFTs, and Defi projects.
With these features, the tokens are still valuable in the market with millions of people using and hodl the coin. However, Logarithmic Finance could hold an edge over KAVA as a layer-III swapping protocol integrating multiple blockchain networks.
These blockchain networks include Ethereum, Polygon, Avalanche, Binance Smart Chain, Tezos, and Solana. The core feature of the Logarithmic Finance ecosystem is its ability to accommodate projects, match investors for the projects, and support the projects with the full power of Defi.
The platform has laid-out plans for project innovators and investors which are generally grouped into three phases. The project innovators’ phases include developing a pool, making transactions, and paying fees. Project investors’ phases are divided into selecting a blockchain network, selecting a pool, and participating in the selected pool.
For the innovators, the phase of developing a pool means being able to bring liquidity to the project before getting it listed on a decentralized exchange. They’ll need to give basic details for the tokens, define auction parameters, give swapping ratio, and percentage discounts for $LOG holders.
The transaction phase for innovators sees them registering their pools on a blockchain network integrated with the Logarithmic Finance platform. The blockchain selected could be any that fulfils the needs of the project and they’d also connect a wallet from the platform’s provided options.
The last phase is the payment of fees for the maintenance of Logarithmic Finance‘s ecosystem.
Logarithmic Finance Staking Rewards
The ecosystem rewards LOG holders passively in the staking system. Many cryptocurrency platforms make use of this strategy and it allows LOG users to stake an amount of $LOG tokens to earn a reward. The rewards earned will depend on the amount of LOG staked and the APR of normal staking.
The ecosystem shall also give different lock periods that will determine different reward rates and users will be disallowed to remove their stake before the lock-in period ends. However, LOG users will become eligible to claim the rewards linearly.
Being a token of access, LOG will entitle its users to exclusive privileges within the protocol. Users will be divided into various tiers and will be granted different privileges to utilize protocol based on the number of tokens staked.
Conclusion
These features that come with LOG are highly desirable in the cryptocurrency market. You also get to be a part of a community that moulds the ecosystem and it’s a guarantee that the Logarithmic Finance tokens will only continue to rise in presale.
Find out more:
Presale: https://presale.logarithmic.finance/register
Website: https://logarithmic.finance/
Telegram: https://t.me/LOGARITHMIC_FINANCE_OFFICIAL
Twitter: https://twitter.com/LOGARITHMIC_FI
