Must-have crypto for DeFi Investors: Avalanche (AVAX), Yearn finance (YFI) and Gnox (GNOX)

DeFi has emerged as people seek new ways to explore their financial options. As such, decentralization enters a new era of transparent financial services. When compared to centralized banks, the planned decentralization of blockchain technology would turn the financial world on its head.

Given this, people may be interested in learning more about DeFi and its implications for the future. This article discusses three must-have crypto projects for DeFi investors that will influence global and traditional financial perspectives.

1. Avalanche (AVAX)

Avalanche is a blockchain network built on smart contracts that prioritizes transaction speed, low cost, and environmental friendliness. It enables users to create an infinite number of customisable and compatible blockchains.

Avalanche’s goal is to develop a flexible and scalable blockchain while maintaining decentralisation and security. These are some of the reasons why investors are clamoring to buy AVAX.

In fact, crypto experts’ predictions say that the price of Avalanche is expected to be bullish this year. Gov Capital and CoinPriceForecast predict that AVAX will hit 309 USD and 305 USD by December 2022.

Since DeFi and NFTs are becoming more popular, people who are just getting into the crypto market might think about using the Avalanche blockchain instead of Ethereum.

2. Yearn Finance (YFI)

Among the cryptocurrencies that are flying high this year, yearn.finance is possibly one of the most surprising for some. It is currently one of the most popular digital currencies. For those who are unaware, it has been around since 2020.

Yearn.finance is a DeFi aggregator service that helps investors get the most money out of yield farming by using automation. Its goal is to make the ever-growing DeFi field easier to understand for investors who are not tech-savvy or who prefer to talk in a less serious way than serious traders.

The project has been making headlines in recent weeks, and its price has recently broken out. The coin received a lot of interest after news of a possible shift in tokenomics hit the market.

3. Gnox (GNOX)

Gnox is the next evolution of the Binance Smart Chain’s token and the first self-accruing reflection token to optimize earnings both short and long term.

Gnox is the first DeFi earning protocol that offers investors “Yield Farming As A Service.” To support their steady growth, they attempt to make DeFi earning as simple and frictionless as possible.

Gnox’s treasury invests money early on in projects and uses modern methods of treasury management to get the most growth out of its capital. Their strategies allow the token to provide up to a 50% APR, while traditional banks usually give less than 2%.

Its treasury funds team is developing novel protocols, tokens, and high-yielding decentralised financial solutions.

Gnox is known for offering an easy-to-use DeFi earning solution for those new to crypto. It has been given the “Know Your Customer” (KYC) stamp of approval by the biggest names in the industry, and it has been carefully checked by the biggest names in smart contract security.

Conclusion

These players (AVAX, YFI, GNOX) include community-driven protocols, liquidity pool platforms, and industry facilitators. Traditional finance will surely be shaken by these innovations. However, everyone should use caution while investing in any DeFi enterprise.

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/