The crypto market is undergoing a significant correction, which will leave a mark on the history of the crypto industry. However, the recent crash is seen as an opportunity by many experts and investors.
First and foremost, only strong cryptocurrencies will survive, while the new projects will have to prove their reliability and potential to the crypto community.
Additionally, long-term investors can now purchase various cryptocurrencies for lower prices, giving them a better chance to experience higher returns in the future.
Crypto experts advise that newbies should take advantage of the exceptional opportunities currently available in the crypto market. Research and analysis can help you discover the best projects, whether new or established, that are worth time and money.
One of such is Logarithmic Finance (LOG), taking a step forward in the crypto world with its public launch on Ethereum (ETH) Chain.
What Is Logarithmic Finance (LOG) About?
Focused on providing the best Decentralised Finance (DeFi) solutions to the crypto community, Logarithmic Finance (LOG) will ensure smoothless communication and collaboration between innovators and investors.
The layer-3 swapping protocol will facilitate a dynamic non-custodial environment, which will provide various beneficial features to the community members.
A multi-chain and cross-chain ecosystem will ensure that users can raise funds on a blockchain network of their choice. Available blockchain platforms will include Ethereum (ETH), Binance Smart Chain (BSC), Polygon (MATIC), Avalanche (AVAX), Tezos (XTZ), and Solana (SOL).
Logarithmic Finance (LOG) will host NFT auctions on the platform, where LOG token holders will receive exclusive participation access. Different cryptocurrencies and stablecoins can be used for transactions performed to sell NFTs during these auctions.
One of the exceptionally appealing benefits that will be available to LOG token holders is the 80% reduction of gas fees. This is achieved with the help of the advanced platform’s code architecture based on a minimalistic approach where only the crucial data is locked on the blockchain. When the optimisation of deployed resources is accomplished, it results in lower transaction costs.
Can LOG Become A Part Of The Biggest ICOs In History?
Unsurprisingly, many of today’s top cryptocurrencies on the market started by raising funds during their Initial Coin Offerings (ICOs). While some then-novel projects failed to live up to the hype, others are now among the leading crypto market giants.
A great example of an impressive ICO is Filecoin (FIL), which raised $27 million in 2017. Promising to build a disruptive decentralised marketplace for data storage, Filecoin (FIL) received a high following from the crypto community. Despite several delays, this much-anticipated project is now among the top 50 cryptocurrencies in the crypto market.
Gaining loads of traction during its presale period, Logarithmic Finance is expected to perform exceptionally well following its public launch. The project’s success is likely due to the wide range of benefits it will provide to LOG token holders.
LOG is the utility and governance ECR-20 token standard of the Logarithmic Finance ecosystem, which will allow the holders to become eligible for the following: staking rewards, discounts and incentives, exclusive pools access, high-yield investment options, and superior swap ratios.
Logarithmic Finance (LOG) is among the most promising new projects joining the crypto market. Its future development roadmap is certainly worth every new and experienced crypto enthusiast’s attention.
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