Blockchain technology has the potential to disrupt industries such as financial services, auditing, and even supply chain. There’s tough competition in the crypto space, and it will continue getting tougher with the introduction of promising startups. Gnox is one of them that has attracted the attention of the DeFi community, just like Uniswap and Curve did in their early days.
The need for innovation in DeFi was quite evident, given the recent cases of rug pulls and scams. Decentralization became a breeding ground for those with ugly intentions. Entry-level investors are often victims of such fraudulent activities. Gnox grew out of this concern and developed a community-focused platform where anyone can become a DeFi expert without being exposed to the inherent risks.
For the first time, a reflection project will leverage its own treasury to generate passive returns for the community. A team of experienced DeFi analysts will choose safe liquidity pools and lending protocols to maximize returns. These rewards are then distributed to token holders in proportion to their holdings. The rest of the funds are allocated toward development and marketing.
In addition to DeFi rewards, you also get 1% from the tax applied on each GNOX trade. This keeps accumulating every 60 minutes. As the treasury grows in strength, the returns will get better. Even platforms like Uniswap and Curve haven’t been successful in providing a user-friendly service like this.
The team has future plans for multichain expansion, along with the introduction of DeFi aggregator tool. The aim is to become an all-in-one suite where investors of all levels can participate without having to go through any complicated steps. The utility and application of this protocol is the key reason behind the huge presale demand. The price has already appreciated by 63% within a couple of months, and it is expected to go parabolic, once the contract is launched.
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
