What is Gnox?
Gnox is a first-of-its-kind DeFi investing platform that offers holders passive income. The platform is designed to streamline and simplify DeFi investing and earning passive income for those who don’t have the time to put into researching these opportunities.
Gnox takes the guesswork out of DeFi investing. All investors have to do is buy and hold the GNOX token. All of the passive income investments are identified by a team of experienced DeFi analysts who invest funds from the Gnox treasury into liquidity pools, staking opportunities, and lending platforms. This diversification and expert analysis not only benefits holders by increasing equity but also greatly reduces the risk for crypto investors.
The recent implosion of UST and LUNA shows that a lack of diversification can bring undue risk even in stablecoins and passive income tokens. Most investors don’t have the time required to research, identify, and babysit several investment-worthy passive income opportunities. GNOX is like a one-stop shop for investing in passive income opportunities.
Moreover, GNOX tokenomics are designed to constantly increase the size of the treasury and thus the returns to holders regardless of the direction of the market. Compare this to a token such as Monero (XMR) which has passed the $400 mark twice during its lifespan only to fall back to below $100. While XMR has produced quite a few winners and losers over the years, all GNOX holders enjoy the same benefits of a constantly increasing treasury and passive income.
Gnox Token Passes Soken Defi Audit
Soken DeFi is a cyber security and legal firm that specializes in auditing DeFi and Web3 platforms for compliance and security as well as KYC verification for the project team. Having recently passed a Soken audit adds to the Gnox project’s credibility.
According to a spokesperson for GNOX:
“Working with Soken is always a pleasure because they understand complex concepts quickly and deliver excellent outcomes. Gnox values Soken’s knowledge and the time and work put into granting us a KYC badge. We will continue to prioritize the safety of our investors in everything we do.”
Gnox Token (GNOX) ICO burns increase token price
Gnox Token is currently in ICO with a three-phase pre-sale. A portion of the total supply of GNOX is allotted to each phase. At the end of each phase, any unsold tokens are burned. This reduction in supply raises the price of the remaining tokens. Upon launch of the platform in mid-August, all remaining unsold tokens will be burned. This guaranteed increase in price incentives investors to get in on the project as early as possible.
By the end of Phase 2, the GNOX token had increased in value by 60% to $0.016 from the initial presale price of 0.01.
Gnox is currently in its initial coin offering phase which ends on August 12th. The platform officially launches in mid-August.
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register
Website: https://gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
Instagram: https://www.instagram.com/gnox.io/