Place/Date: - September 6th, 2022 at 4:56 pm UTC · 3 min read
Inevitably, Blockchain advancement is a permanent technological innovation. Every day, more and more Blockchain networks, cryptocurrency assets, decentralized finance (DeFi) solutions, and Metaverse platforms are being launched or developed. The trading volume for cryptocurrency is steadily increasing despite market cycles like bear markets.
People are waking up to the crypto buzz, but knowing where one should invest their money is important, particularly since there are so many projects and protocols to choose from.
Users need to evaluate the specific problems they are trying to solve by entering the crypto world. That would guide their decisions on which projects and cryptocurrencies to purchase. Youniverze (YUNI), and The Near Protocol (NEAR) are two wonderful DeFi projects that have made a name for themselves in the Crypto space. With unique use cases and real-world solutions, these projects have attracted a steady influx of users and investors.
Youniverze (YUNI) is a decentralized multichain trading platform that provides services like trading, token exchange, sourcing, and bridging. It is essentially a crypto exchange with notable and distinct advancements and differences such as:
The Youniverze (YUNI) protocol aims to make crypto more easily accessible to the public by providing the very finest user trading experience.
The multi-chain feature of the protocol ensures that tokens that are not native to the Youniverze (YUNI) platform can be traded on it as well.
Staking rewards are attractive to ensure that users are incentivized to lock up their tokens and reduce the circulating supply of the native token, thereby increasing the market price.
The native token for the Youniverze protocol is the YUNI token. This token provides utility, value, and governance privileges within the Youniverze ecosystem. Users who purchase the YUNI token using Binance Coin on the Binance Smart Chain will receive an 18% bonus.
Near Protocol (NEAR) is a highly scalable and decentralized Blockchain solution that seeks to improve the user experience of crypto users.
This is done by implementing human-readable crypto wallet addresses to facilitate ease of use within the platform. Near Protocol (NEAR) is a cloud computing Blockchain ecosystem that utilizes a special proof of stake method for validating crypto transactions. This method is called SHARDING.
Sharding entails splitting up validators into individual nodes which are assigned dedicated computational tasks to handle. This process goes a long way to improve scalability, reduce network congestion, and make Near Protocol (NEAR) faster to use. The Near Protocol uses the Near Token as the native token of the ecosystem. This token provides utility, value, and governance to the Near Ecosystem.
Cryptocurrency users should be aware that innovative features and use cases of projects like these have the potential to reduce the volatility of the token’s market price. This simply means that when thorough research is carried out, projects with potential market value can be adopted and purchased. Youniverze (YUNI) and Near Protocol (NEAR) are two projects to watch out for in the cryptocurrency space.
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