An increasing number of new investors are becoming interested in DeFi (Decentralised Finance) initiatives and decentralised networks in the cryptocurrency sector. New and intriguing crypto platforms are constantly being developed, diverting attention away from existing blockchains and onto the most recent next-generation ideas. Logarithmic Finance (LOG) is among the top newcomer coins that aim to provide the best DeFi solutions in the industry.
Logarithmic Finance (LOG)
Logarithmic Finance (LOG) is a next-generation Layer-3 swapping protocol designed to facilitate collaboration between inventors and investors. A secure, non-custodial platform will generate a dynamic cross-chain and multi-chain environment that will benefit users in several ways.
As the platform progresses through its roadmap, Logarithmic Finance will enable numerous DeFi (Decentralised Finance) solutions, aimed at addressing current industry issues. LOG will run ERC-20 tokens for utility and governance. It will also offer staking rewards and Exclusive Pools Access to the LOG community.
Logarithmic Finance’s exclusive access to NFT auctions will be available for the members of the LOG community. When trading their NFTs in exchange for stablecoins or cryptocurrencies, innovators will receive 80% reduced gas fees on their transactions.
The new cryptocurrency initiative aims to make cross-chain transactions across several blockchains easier and more accessible. LOG will allow funds to be raised on any blockchain of choice, including Ethereum (ETH), Avalanche (AVAX), Tezos (XTZ), Binance Smart Chain (BNB), Solana (SOL), and Polygon (MATIC).
The price of the native token LOG has increased by an impressive 150% since the start of its presale. It is predicted to rise even more in the coming weeks.
Early investment is becoming extremely popular among all crypto investors as a result of previous successful presales. Because the coin price cannot fall during the presale, many crypto enthusiasts anticipate that purchasing early would result in big gains.
Monero (XMR) was created in 2014 in order to address privacy concerns in the cryptocurrency market. Its major objective is to secure and preserve transaction confidentiality and security. Monero project stands out in the industry due to its encryption techniques. These sophisticated algorithms conceal the identities of crypto senders and receivers.
Monero places considerable emphasis on privacy protection and censorship-resistant transactions. It is a top goal for the platform to ensure that all users stay anonymous by default. The XMR token exchange information is completely hidden, making usage tracking impossible.
Ring signatures ensure that users’ identities are concealed without any substantial input about them being known on a transaction-by-transaction basis — all while being completely verifiable through signature checks. It enables secure transactions that are intended to be hacker-proof.
One of Monero’s primary aims is to avoid centralisation. The network employs a proof-of-work-based consensus process named CryptoNight. This prevents massive mining farms from establishing a dominant position.
There will eventually be 18.4 million XMR in circulation, with the cap projected to be achieved on May 31, 2022. Monero’s current price is $207.27, with a 24-hour trading volume of $252,650,433 at the time of writing.
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Logarithmic Finance (LOG)