CPIs (Consumer Price Indexes) run wild globally. Inflation levels not seen in 40 years ravage the United States. The United Kingdom faces an energy crisis exacerbated by the conflict in Ukraine. And with low level of unemployment and high levels of inflation; a global recession seems assured.
This article features three crypto projects to help investors generate returns despite the market downtrend.
Gnox seems to be taking no notice of prevailing market conditions and has seen its value soar by more than 60% in recent weeks. Now, in its second presale stage, Gnox is attracting a broad range of investors, hoping that this new reflection token can hedge their portfolios against general bearish market sentiment. Scheduled to release on the Binance Smart Chain (BSC) in 2022, this protocol has set its sight squarely on DeFi and how investors interact with it.
Gnox has built a treasury fund, the first of its kind designed solely for the investor, which will be deployed in DeFi protocols, thereby reducing the complexity of DeFi investment to a single investment vehicle. Every 30 days, the proceeds generated by the principal amount will be split amongst GNOX holders in stablecoin. Given that the principal is never touched and constantly accrued through buy and sell taxes, it appears Gnox will become a passive income machine for investors. Following a recent announcement of an enormous token burn, many investors wait in anticipation to see how far this token will climb.
Bitcoin Cash (BCH)
Formed in 2017, Bitcoin Cash is a fork of Bitcoin created to solve the issue of scalability, which hampers the Bitcoin network. Bitcoin Cash is a payment system that can handle far more TPS (Transactions Per Second) than Bitcoin due to the increase in its block size.
Bitcoin Cash makes transactions faster and more cost-effectively than the Bitcoin network. It is an excellent choice for investors who believe in growing adoption and the need to introduce faster, more scalable payment methods.
UNI is the governance token for the immensely popular DEX (decentralised exchange) Uniswap and, unlike many tokens, did not undergo an ICO but instead was gifted to users of the platform and is one of the most profitable airdrops recorded in crypto history. Uniswap uses an AMM (Automated Market Maker) instead of a traditional order book leading to faster swaps due to the use of liquidity pools and smart contracts.
Liquidity pools mean that investors can offer their tokens as liquidity and be rewarded with a percentage of the transaction fees incurred when the DEX is used for swaps. This is a great way for investors to use their existing assets to generate more crypto. Therefore, investors will have a healthy stack when the market direction changes and stand to lock in enormous gains.
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Join Presale: https://presale.gnox.io/register