Place/Date: - April 21st, 2022 at 12:23 pm UTC · 4 min read
Source: Quitriam Finance
As the cryptocurrency sector starts getting regulated in 2022, crypto tokens that can deliver huge gains should be a part of your portfolio. There are so many coins available and each one has their own advantages and disadvantages. We discuss the investment potential of three coins that could provide long term healthy returns.
The BNB token is the native utility token of the largest cryptocurrency platform in the world today. The Binance Coin serves many purposes inside the Binance exchange and launchpad platform. It provides holders with a staking income and also gain access to airdrops for tokens launched via the BNB platform.
Users can also farm and participate in lending through the decentralized finance (DeFi) mechanism if they hold the BNB token. The BNB vault can also provide good returns and users simply need to deposit their Binance Coins inside the vault for get passive income from different sources.
BNB coin has a burn mechanism to ensure deflation and it also helps in a healthy price rise. The BNB token is being traded at $420.67 at the time of writing. The Binance Coin is one of the strongest coins currently and can be added for long term gains.
The AVAX token is the coin that serves dual purposes inside the Avalanche chain. It is currently being exchanged at $77.64 at the time of writing. The AVAX token has a lot of potential and could deliver mammoth gains in 2022.
The Avalanche network is being adopted by many projects and the AVAX token is used to pay transaction fees and also for staking purposes. Apart from Ethereum (ETH) and the Binance Smart Chain (BSC), Avalanche (AVAX) has gained a lot of clients and will remain relevant in the near future. You can buy AVAX easily on many exchanges and hold it for the long term to realize enormous returns.
The QTM token is currently being sold through a presale. The Quitriam Finance ecosystem is a decentralized platform that will offer a decentralized exchange (DEX) and decentralized launchpad services. The decentralized finance space is currently undergoing a transition and there is an emphasis on DAO governed platforms where the community in the form of liquidity providers can decide the future of the protocol.
Holding the QTM token will enable users to stake and also earn an income from airdrops that will be received as new projects are launched on the Quitriam Finance launchpad. The platform seeks to provide multiple benefits to its users as they will receive incomes from stablecoin (QT) liquidity mining, lending and borrowing and will also be able to mint NFTs on the platform.
The platform will charge a fixed flat fee of 2% for liquidity mining rather than a variable percentage that can eat into profits of users. Quitriam Finance will allow users access to vaults where coins can be deposited for staking and farming incomes. Holders of Quitriam Finance tokens will get special privileges in the future as determined by the platform.
The QTM token will be cross-chain compatible and will be offered across many networks such as Tezos, Cosmos, Polkadot, Cardano, Celo and Kusama. The QTM token will be able to support real time settlements with quick swaps.
The QTM token will be also be used for governance purposes inside the ecosystem and the community will be governed through a DAO. The Quitriam Finance platform will redistribute a majority of fees to liquidity providers.
Binance Coin, AVAX and QTM can provide the necessary balance to a crypto portfolio. All three tokens are expected to perform well in the future as they solve issues that have hampered the growth and full-scale adoption of the crypto industry.
You can learn more about the Quitriam Finance token through the links provided below. The presale ends next month and you can gain access to the coin at very attractive prices right now.