Three Cryptocurrencies To Make You Richer – Logarithmic Finance (LOG), Uniswap (UNI), and Solana (SOL)

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The post Three Cryptocurrencies To Make You Richer – Logarithmic Finance (LOG), Uniswap (UNI), and Solana (SOL) appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The idea of cryptocurrencies is to build decentralised finance, a world where financial power returns to the people as individuals, as opposed to governments or third parties or centralised systems. But the central theme is wealth generation potential embedded in every cryptocurrency. Solana (SOL), Uniswap (UNI), and Logarithmic Finance (LOG) are some of such cryptocurrencies that hold the ability to make you richer.

Solana (SOL)

Solana is a leading cryptocurrency in the market with over $33 billion in market value. It is a decentralised blockchain that enables the creation of dApps and decentralised marketplaces. It was founded in 2017 and today ranks as one of the top ten cryptocurrencies in the world today. The fascinating features of Solana include its ultra-level speed, transaction throughput, and product utility that continues to attract an energetic demographic. This is primarily because Solana combines proof-of-stake and proof-of-history, and as such, earned its spot as the world’s fastest blockchain, processing transactions up to 50,000 per second.

Solana is regarded as the Ethereum killer, as it has doubled down on Ethereum’s unique utility of enabling the development of dApps and marketplaces, but this time with faster transactions and more scalable infrastructure. SOL recently surpassed Ethereumin trading volume when, during a 24-hour trading span, its NFT secondary market sales generated nearly $24.3 million against Ethereum sales of $24 million during the same span across all its marketplaces. As of the time of writing, the value of SOL is $40.52, according to CoinMarketCap.

Uniswap (UNI)

Uniswap is a leading decentralised exchange app in the cryptocurrency market and currently ranks as the first DEX to attain a level of dominance that weighs bigger than some of the leading CEX (centralised exchange) platforms in terms of its trading volume.

UNI gives the user the role of liquidity providers, making them contribute assets to the decentralised liquidity pools while also leveraging role play to drive user loyalty and a sense of ownership for more efficient collaborations. The liquidity providers get to own a fraction of the fees their pool generates, taking a passive income with every fee.

Since its launch in November 2018, Uniswap has undergone three upgrades, with the third version in use featuring improved capital efficiency, better oracles, and flexible fees.

Logarithmic Finance (LOG)

LOG, the ERC-20 token of Logarithmic Finance, is witnessing price uptrends following its presale launch. For a new generation swap protocol that has continued to generate buzz for its exceptional infrastructure and vision, there’s more to come after its launch.

Logarithmic Finance is a platform that aims to offer swap solutions needed by Web 3.0 technology to integrate decentralised finance. It is based on Layer-III swap technology and designed to enable fast and secure swap transactions for DeFi platforms. It supports cross-chain collaborations and enhances efficiency for different transactions. The network uses homomorphic encryption crypto technology to drive innovative technologies and secure transactions. This secure swap system is placing LOG ahead of its competition.

Token holders will be able to enjoy governance rights, have access to exclusive pools, staking privileges, increased returns, and improved swap ratios. As a LOG holder, you will be entitled to various discounts and perks as the platform grows.