It’s not always sunshine and rainbows in the crypto market, as we continue to witness our portfolios bleeding to death. One of the notable exceptions in this brutal bear market has been the performance of Gnox. Against all the odds, it has made early investors some juicy profits and is on track to appreciate further.
The presale rounds have attracted the attention of retail investors, and the craze continues to spread among Ethereum and Avalanche whales.
What is Gnox (GNOX) ?
The narrative behind the introduction of decentralized finance was to eliminate third parties in financial transactions. Every individual should have complete control of their assets with no central party dictating the rules. However, there are significant risks involved with various protocols, and complex mechanism makes it worse for new users.
Gnox solves this problem by demystifying DeFi for entry-level investors by providing “Yield farming as a service” to investors. The very idea behind this platform is to make anyone an expert in farming with limited to no knowledge in this space. Users can simply buy and hold native GNOX tokens to earn passive rewards.
What makes it a good bear market investment?
As per the whitepaper, Gnox is the first reflection project in the world that will utilize its own treasury to reward those who invest in its ecosystem. Every investor will have the right to governance voting to arrive at a consensus regarding the deployment of funds. 40% of the returns accrued from these investments will be shared within the community as a reward to hold the GNOX token. A percentage of funds will also be allocated to buy GNOX from the secondary market and burn it, thus pushing the inherent value to the upside.
This new standard in tokenomics absorbs the impact of volatile market conditions because it encourages long-term investment. With such incentives on offer, Gnox has made the path easy even for novice crypto enthusiasts looking for passive gains
As we head towards the contract launch, the team is planning to roll out other exclusive features such as multi-chain support and aggregator tool, which will make life easier for yield farmers. Gnox has everything up its sleeve to perform strongly in the coming years!
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
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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