Home » Defeat the Declining Market With Logarithmic Finance (LOG) and NEAR Protocol (NEAR)

Defeat the Declining Market With Logarithmic Finance (LOG) and NEAR Protocol (NEAR)

Guest Author
May 11, 2022
8:10 am

Join Us on Google News

While some may fear the volatility of the crypto market, experienced investors use it as a strategic advantage in their short-term trading approach. If you are a crypto beginner or you just simply don’t like taking high risks, long-term investing might be more interesting to you.

However, when the markets are in a downtrend, it is understandably difficult to make a long-term commitment. TheLogarithmic Finance (LOG) presale and NEAR Protocol (NEAR) are two promising investment opportunities that you should focus on this week!

What is Logarithmic Finance (LOG) about?

Logarithmic Finance (LOG) is a next-generation Layer-3 swapping protocol with the core principle of creating seamless connectivity solutions for innovators and investors. By providing a dynamic and efficient platform, it hopes to disrupt the DeFi (Decentralised Finance) sector. The primary goal of this project is to improve network interoperability by eliminating the restrictions of existing swapping protocols for cross-chain exchanges.

Logarithmic Finance’s goal is to provide a secure, non-custodial interface that enables tokens to be easily traded between blockchain networks while simultaneously providing a number of ways to make money.

The platform puts the innovator and investor needs and expectations as the top priority. LOG aims to support many blockchain networks, allowing users to raise funds on their preferred platform. The options available will include but not limited to Ethereum (ETH), Binance Smart Chain (BNB), Solana (SOL), Tezos (XTZ), Polygon (MATIC), and Avalanche (AVAX).

The LOG development team has created a competent code architecture, taking a minimalist approach that incorporates a clean, modular code structure. The platform guarantees that only relevant data is pinned on the blockchain, maximising the use of resources. The implementation of these techniques benefits users by providing them with a reduction in gas fees on their transactions.

LOG token holders will receive exclusive access to NFT auctions on the platform. Members will be able to receive payments for their NFTs in return for cryptocurrencies or stablecoins. When the cross-chain integration is completed, it will bring more reliable currencies and networks, making NFT exchanges even easier.

Why is NEAR Protocol (NEAR) considered a reliable investment?

NEAR Protocol (NEAR) is a community-driven decentralised network that encourages user-friendly and scalable technological innovation. Being built on the NightShade technology, a sharding design that permits quick transaction processing gives NEAR a greater expansion advantage of the blockchain’s capacity.

The NEAR Protocol’s interrelated interests include community, and continuous development. This is proved by the platform’s aims to further decentralise the NEAR ecosystem. NEAR encourages its validators to become more active in supporting new and creative projects. This opportunity allows NEAR validators to earn extra income.

To participate in NEAR ecosystem security, validators must stake some of their NEAR tokens as collateral, which is then used to examine the reliability of the validator’s activities. As a penalty for attempting to cheat or modify the blockchain record, the system will burn a portion of the stake.

Despite the fact that the NEAR Protocol is already defeating the current decline in the crypto market, crypto experts expect its value to soar even more in the near future. On-chain efforts, retail uptake, audience growth, and ecosystem enhancement are anticipated to have a favourable influence.

So what should be your next investment choice?

While there is no one who can make exact predictions of how the market will act in the upcoming days, weeks or months, doing research and analysis of your potential investments is one of the most essential steps to take in your investment journey. If the Logarithmic Finance presale is of interest to you, check out the links below to learn more!