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Big Eyes Coin And Aave Are the Top Ethereum DeFi Prospects

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The cryptocurrency market has been down the whole year and pretty much every other market. DeFi has taken such a massive hit; the total locked value has dropped from an all-time high of over $180 billion. As of the time of this writing, the whole DeFi market is valued at $54 billion. There are a few causes to point to, but the bear market is mostly a cause for low volume across all landscapes. The Terra blockchain crash further exacerbated the situation. Before the Terra-UST crash, the Terra network only held the second-largest DeFi value after Ethereum.

The market is currently down, but Big Eyes Coin (BIG) and Aave(AAVE) are two huge prospects for Ethereum DeFi. Big Eyes Coin has had an amazing presale so far, and although it is a meme coin, its primary focus for creating wealth for its community is DeFi. Big Coin is the most hyped coin in the market despite still being on presale. This points to an opportunity for those who can grab it early and profit from it. Presale purchases are one of the safest ways to make money in crypto because it offers tokens below market price, and you can quickly make a profit when it launches.

Aave (AAVE)

Aave(AAVE) is a money market system based on decentralized finance (DeFi). It is a non-custodial and open-source protocol that allows users to borrow, lend, and earn interest on cryptocurrencies. This implies that anybody may join, there is no central entity with keys or decision-making authority, and all assets remain in your wallets at all times.

Aave Companies, the development lab in charge of Aave’s crypto lending protocol, recently asked for more than $16 million from the Aave community to fund platform development in a proposal to the DAO. Community votes and proposals guide DAOs like Aave. Token holders make decisions by voting on issues, new projects, growth plans, and other topics suggested by their communities.

The sum comprises $15 million for work done directly by the team over a period of a year; the remaining amount is needed to cover charges for third-party audit services. 40% of the funds would go to non-engineering positions like design and product management, while 60% would go to engineering-based positions. The capital will be made up of $3.4 million in “more volatile crypto assets,” $3.3 million in stablecoins DAI, USDT, and USDC, $5.4 million distributed between DAI, USDT, and USDC, and $6.2 million in Aave’s native AAVE tokens.

Big Eyes (BIG)

Big Eyes has established itself as the coin of the season without launch by the impressive numbers it can pull on presale. These numbers are impressive for a new project in a bear market, as there’s not a lot of liquidity present in the market. However, crypto enthusiasts who recognize the opportunity have rushed to buy the token on presale. The meme coin has raised over $9 million and is selling at record speed.

Big Eyes aims to use DeFi as a tool for wealth creation, and most users believe that it has huge prospects for DeFi. The precedent for DeFi meme coins was set by Shiba Inu(SHIB), but Big Eyes takes it several steps further with the new innovative features to help create wealth and develop the network. Expert traders speculate that it can bring back volume to Ethereum DeFi and the whole market.

Big Eyes takes a unique approach to picking a mascot and is inspired by cat memes. Unlike the rest of the meme coin market struggling with the stereotypical dog memes, Big Eyes recognizes the opportunity to be different, and the community already buys this narrative.

To get more for your money when you bug BIG tokens, use this promo code: BIG894

For more information on Big Eyes Coin (BIG) and its community, please visit the following links:

The Big Eyes Presale: https://buy.bigeyes.space/

The Big Eyes Website: https://bigeyes.space/

The Big Eyes Telegram: https://t.me/BIGEYESOFFICIAL

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

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