As the crypto market evolves, different types of crypto projects launch now and then. This gave rise to many novel concepts in the crypto world, such as metaverse, NFTs, Web 3.0, DeFi, and whatnot. The crypto projects that work on the said concepts are considered very prominent in the crypto market, and their value keeps rising over time.
Some of the popular projects in the metaverse category are Decentraland (MANA), The Sandbox (SAND), Bloktopia (BLOK), etc. Similarly, some projects serve as layer 1 and layer 2 solutions on Ethereum. These cryptocurrencies are also known as Ethereum Killers. These include Polygon (MATIC), Solana (SOL), Polkadot (DOT), Cardano (ADA), and others.
As said earlier, these projects have a very reputable value in the crypto market and rank in the top 20 cryptocurrencies based on their market capitalization. Many early investors have earned tremendous gains by investing in these cryptocurrencies at the right time.
But many couldn’t catch up with the pace and unluckily missed out on these goldmines. For them, a new crypto project is working in the Web 3.0 category and DeFi, and is under its presale and is soon to launch. The project name is Logarithmic Finance (LOG). Let’s dive deeper into it to learn what’s unique about this project and how it can benefit an early investor.
What is Logarithmic Finance (LOG)?
Logarithmic Finance (LOG) is a Decentralized crypto project (and app) that strives to become the next-generation Decentralized Finance (DeFi) and swapping protocol working under the Web 3.0 category. The project aims to provide seamless connectivity and interaction between early birds and blockchain innovators. The project is thus working on serving as a bridge between blockchain product innovators and early investors. This will help both parties simultaneously; here’s how.
Blockchain innovators will launch their products on the Logarithmic Finance (LOG) blockchain and attract investors to raise funds for those products. On the other side, the investors will get a chance to invest in new and novel projects at an early stage and capture the opportunities to yield impressive returns on their investments.
DeFi and Logarithmic Finance (LOG)
DeFi has an incredible market potential with a Total Value Locked (TVL) of more than $100 billion as of 2021. Based on its trend and people’s interest, DeFi is expected to grow exponentially in the coming years. Thus, all the crypto projects having a solid foundation and thrilling future goals will see a remarkable rise, working under the umbrella of Decentralized Finance (DeFi). The real-life use cases of the platform and investment opportunities for both the masses and big institutions make it a concept with huge potential.
Unlike the conventional financial system (adopted by banking sectors), Decentralized Finance (DeFi) innovation is completely transparent, secure, and unique. Apps built on such an ecosystem are subjected to adhere to the following rules:
- Open and accessible to all
- Interoperable and programmable
Now here’s how Logarithmic Finance (LOG) benefits from this phenomenon. As per the team’s say, the DeFi ecosystem builds a long-term business opportunity for LOG as a layer-3 swapping protocol. Many existing swapping protocols are fighting the following two issues:
- Poorly written smart contracts
- Lack of a user-friendly interface
On the other hand, LOG has a unique, interactive, and user-friendly interface. Even the website of the token says it all.
Ecosystem of LOG
While the other projects in the DeFi ecosystem are criticized when they do their ICO (Initial Coin Offering) and IEO (Initial Exchange Offering) to raise funds from the early investors, the LOG’s platform is different from such fund-raising models, which have:
- Lack of funds security
- High listing costs
- Low-budget innovators
This helps both the early-stage investors and high-budget innovators to get facilitated in the long run.
The LOG ecosystem will have two pooling options for product innovators and early-stage investors. Innovators can access Direct Access Pools (DAP) and Time Freeze Pools (TFP) in pool types. While in the pool statuses, the early birds can access statuses like available, open, unbuyable, completed, and dissolved. Based on these pooling concepts, the LOG ecosystem will move the auctioning and liquidity tokens to recipients’ wallets. The ecosystem will be cost-effective, efficient, and scalable for both parties. LOG will serve as the governance and utility token for the ecosystem and is currently in its presale.
For more Logarithmic Finance (LOG) information visit:
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