Next Generation DeFi Gnox (GNOX) Showing Early Strength Like Uniswap (UNI) And Aave (AAVE) Of Last Cycle

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Crypto Daily™
7w ago2022-08-05

Every crypto market cycle features protocols that burst onto the scene and cause a massive disruption to the status quo. These protocols typically target highly practical market verticals, and the native tokens of these projects go on to see explosive gains. This article features a protocol hailed by several experts as a serious contender for the next breakthrough project of the new generation.

Gnox (GNOX)

Gnox offers yield farming as a service and aims at revolutionising the realm of DeFi (decentralised finance) earnings. Instead of being reserved for the select few with time and technical ability, Gnox brings DeFi investment to all crypto investors. The GNOX token represents a single investment vehicle facilitating meaningful participation in DeFi.

Gnox features a treasury which is the first treasury designed for investors. Deployed in DeFi protocols to generate yield, it provides all investors with a monthly stablecoin reflection. Funded via buy and sell taxes, when GNOX launches on the open market, this capital fund will grow in value. As the capital sum of the treasury accumulates, so will its ability to deliver more significant reflections. The market has not priced in Gnox’s passive income stream, making this project undervalued. With Gnox bringing DeFi investment to a broader percentage of market participants, the potential for this protocol is colossal.

Source : https://cryptodaily.co.uk/2022/08/next-generation-defi-gnox-gnox-showing-early-strength-like-uniswap-uni-and-aave-aave-of-last-cycle