Protect Your Wallet From Inflation With HypaSwap, Cronos, Filecoin: 3 Coins to Consider

Cryptocurrencies are all the rage right now, and there are so many to choose from! So which ones should you invest in? Here are three coins that I think are worth your attention.

First up is HypaSwap (HYPA), a new cryptocurrency that hopes to make it easier for people to swap different coins.

Next is Cronos (CRO), a relatively new coin that focuses on security and reliability. And last but not least is Filecoin (FIL), a blockchain-based storage solution that could revolutionize the way we store data.

So if you're looking for some hot tokens to protect yourself from the dangers of trading during the crypto winter, be sure to watch out for these three coins.

Buy During HypaSwap (HYPA)'s Presale

DeFi platform HypaSwap (HYPA), built on top of the Ethereum (ETH) blockchain, is a decentralized and unsupervised liquidity protocol that allows lenders and borrowers to exchange assets through a liquidity pool.

In addition, HypaSwap has an expanded structure for community members to participate in other banking activities such as staking and collateral swapping. Platform users are encouraged to deposit more tokens so that they can earn more.

In addition, the main token of the platform was determined as FST and the local token for the ecosystem was determined as HYPA.

The platform is fully aware of the risk factors. For this reason, high-level measures are taken to combat the security problems of the developing blockchain technology. HypaSwap (HYPA) also expressly declares its intention to become a DAO in the near future.

It is aimed to ensure the participation of users in the decision mechanism for interoperability. As with many other DeFi protocols, the voting mechanism will apply here. In addition, internal social networks will be created where users can create discussions.

Although the HypaSwap DeFi platform is planned as a DAO, the executive team and developers will not withdraw completely from the project.

Instead, they will be integrated together into a management mechanism that includes all users. All users who stake or hold HYPA will have voting rights in the administration. According to the number of tokens in their hands, their voting power will be directly proportional.

Derivative tokens on the platform are also made available to diversify the liquidity pool, as in other DeFi platforms. To give an example: If you deposit 20 BNB, you will get 20 fBNB in total, as it will happen.

All derivative tokens you receive are integrated into the number of tokens in the liquidity pool. For this reason, derivative tokens are burned to prevent inflation in case of any withdrawal.

The most important issue addressed by the HypaSwap (HYPA) team is liquidity risks. From this point of view, since the DeFi protocol has a very strong team, the security measures of the platform are also high.

Since internal threats are more dangerous in liquidity pools than outside infiltrations, HypaSwap developers have taken a lot of precautions against the risks of the industry.

The Future For Cronos (CRO)

Cronos (CRO), which entered the market with a price of $ 0.011 on December 16, 2018, has moved in a balanced manner without experiencing high volatility for about 3 years.

Towards the end of 2021, it showed a huge rise and reached the level of $ 0.96. The introduction of new technologies such as Metaverse and NFTs into our lives, the increase in institutional demand for cryptocurrencies, and the increase in market volume were also very effective in reaching this level of the coin.

Cronos (CRO) was previously called Crypto.com Coin, but was later renamed Cronos. The project has many partners such as Particle B, Alchemy, Bison, and Trials Forbole.

The team behind it is made up of tech entrepreneurs like Kris Marszalek, Rafael Melo, and Bobby Bao. Cronos can be stored in the "Coin98" wallet. This wallet can be used both on desktop and mobile.

Filecoin (FIL) Has Made Many Crypto Millionaires

Filecoin (FIL), which was included in the market with a $205 million ICO in 2017, is known for its motto "to hide humanity's most important information".

The Filecoin platform, which aims to establish a decentralized file storage system, draws attention with its double security key and open source code. FIL, which stands out among file storage-oriented blockchain technologies, also attracts the attention of investors with its transaction volume.

Filecoin is trading in the market with the claim of a decentralized file storage system.

It is estimated that this technology, which aims to continue the work of cloud storage companies such as Amazon Web Services and Cloudflare, in a completely decentralized and secure manner, can be quite effective, especially against censorship and restrictions.

All three of these coins have the potential to do well in the coming months and years. Do your own research before trading, but HypaSwap (HYPA) seems like a particularly good idea due to its unique features and strong team.