Monday, December 5, 2022

TOP Defi Picks & 100x MOONSHOT Coin!!🚀


🔥 TOP Crypto TIPS In My Newsletter 👉
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📺 Ren Video 👉
📺 Kava Video 👉

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– TIMESTAMPS –
0:00 Intro
1:42 My Investment Methodology
3:20 Pick Number 1
7:35 Pick Number 2
11:35 Pick Number 3
15:50 Pick Number 4
20:50 Conclusion

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⛓️ 🔗 Useful Links 🔗 ⛓️

► Ren Website:
► Ren Bridge:
► Kava Website:
► Melon Protocol:
► Melon Docs:
► Defi Money Market:
► Defi Money Market Docs:

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1️⃣ Ren 1️⃣

Ren is a decentralised interoperbility protocol that is trying to bring together different blockchain ecosystems. More specifically, they are developing a solution whereby you can transfer value from one blockchain to the other.

This is all done through the use of what is called the ‘Ren Virtual Machine’ or the RenVM. This Virtual machine will basically allow users to convert cryptocurrencies such as Bitcoin, Bitcoin Cash or Zcash into an ERC20 equivalent (one-for-one) on the Ethereum blockchain.

Ren has a native token. This is an ERC20 token and it powers the Ren Network. There is a max supply of 1 billion REN with a circulating supply of a little less than 870 million.

Each node needs to supply 100,000 Ren in order to take part in the network and earn fees. Not only is there an incentive for these node operators to buy the token to stake, but you also have the effect of the locked up supply on the market.

2️⃣ Kava 2️⃣

Kava is a cross-chain CDP platform that has been built on the Cosmos blockchain using the Cosmos SDK. Currently, the platform offers stablecoin issuance and crypto lending functionality.

In this way, you can think of it as quite similar to the mechanics of MakerDao with their DAI stablecoin. Users who deposit collateral in these CDPs will be minting Kava’s USDX stablecoin.

Now of course, it is worth pointing out that Kava has only just launched their minting platform and currently they are only accepting BNB as collateral. However, they will be listing Bitcoin and XRP real soon.

The Kava token functions as a governance and utility token on the platform. Not only does it confer voting rights to those that hold it but it is also possible to earn staking rewards.

3️⃣ Melon Protocol 3️⃣

Melon is an Ethereum based project that is looking to totally revolutionise the asset management industry. It is a fully decentralised asset management protocol which allows people to invest or manage a fund.

Asset managers can create their own funds on chain at only a fraction of the cost that is required for traditional funds. Once these funds are set up, investors can then observe them.

The Melon Token (MLN) is an Ethereum based token that creates a direct link between the use of the protocol and the value of the token. A utility token that gets its value from utility use.

There are three functions within the Melon protocol that require this gas in order to be executed. These are:

– Setting up the fund initially
– Investing in that Fund
– And claiming fees generated

The MLN token also has a pretty low market cap which means that it has quite a lot of price potential should it garner more attention.

4️⃣ Defi Money Market 4️⃣

The Defi money market provides a trust-minimized, transparent, and permissionless environment on the Ethereum blockchain that empowers users across the world to earn a positive yield through digital assets backed by a basket of interest-generating real-world assets brought on-chain.

The DMM owns over 8 million dollars worth of cars. These cars are then loaned out to people and interest is earned on these loans. This interest is then dispursed to those who have supplied token liquidity to the DMM ecosystem.

It is providing something that most other DeFi lending protocols are not – yield that is generated from real world assets.

The DMG token sale started at 16 cents for the private investors. The Initial Dex Offering started at 36 cents and is now selling for about 1.25 dollars per token.

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #Defi #Ethereum #Ren #Kava #MLN #DMG #cryptocurrency



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