The cryptocurrency market is one that every adherent should participate in and consider for the long term. The market is currently hot as many are trooping in.
Some cryptocurrencies have been mapped out from others as those that entice crypto enthusiasts. HedgeUp (HDUP), ImmutableX (IMX), and THORChain (RUNE) are cryptos that are known to have alerted and attracted crypto adherents.
This article will explain HedgeUp, ImmutableX, and THORChain, and how they work.
HedgeUp (HDUP) is spicing up the crypto space with alternative solutions
HedgeUp (HDUP) is the first crypto NFT alternative investment marketplace to participate in other investments, not just digital assets. HedgeUp users can participate in alternative investments globally in small amounts. A regular individual can become an investor, all thanks to HedgeUp.
Using HedgeUp, users can invest in possibilities and valuables typically available only to high-net-worth individuals. Individuals can access the investments through the HedgeUp platform and participate in the HDUP presales, making the investments available to just about everyone.
Users can infuse in alternative items, including gold, wine, fine art, diamonds, luxury watches, etc., through the extensive HedgeUp (HDUP) investment portfolio. HedgeUp (HDUP) users can access a fractionalized percentage of an alternative investment asset. So every user has the opportunity to infuse in any of the alternative assets. Users have the same right to sell their fraction of the asset when they decide to, meaning they have full ownership of the item.
THORChain (RUNE) protocol utilizes liquidity pools
THORChain (RUNE) is a decentralized exchange platform where users can build liquidity pools that allow commodities to be purchased and sold at prices that reflect their current value.
THORChain’s pool benefit is that it is easier to transfer tokens and currencies between several blockchains. Most investors prefer THORChain (RUNE) because the system is reliable, safe, and fast. The BNB blockchain hosts the THORChain protocol.
It’s known that most contemporary decentralized finance (DeFi) protocols rely heavily on liquidity pools. It makes the THORChain project feasible and gives cryptocurrency adherents a way to get a return on their digital assets. Over half of THORChain’s value is thought to be locked away in liquidity pools as of this writing.
THORChain’s (NUNE) liquidity level has enticed many because it has a high pool and liquidity, making trading on the platform easy and cheap.
ImmutableX (IMX) is making trading easier
The NFT platform ImmutableX (IMX) aims to move transactions off the sluggish Ethereum (ETH) network. The system claims to operate in a legally sound manner while facilitating a liquidity pool through a worldwide order book of NFTs and supporting all Ethereum-based cryptocurrency wallets. Fees for using the platform are paid using the ImmutableX native token IMX.
IMX owners can vote on the network for changes due to the established proof-of-work initiative of the project. Users stake IMX in exchange for incentives and consensus voting. ImmutableX benefits from being one of the first layer-two solutions that utilize zk-rollups proof and focus exclusively on NFTs.
IMX users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising a user or asset security. IMX technology enables users to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale.
ImmutableX (IMX) and THORChain (RUNE) are well-established, but HedgeUp (HDUP) is attracting more users with its fascinating features. HedgeUp has all the potential a crypto adherents can ask for.
For more information on HedgeUP click the links below:
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficial
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
Compiled by Metacrunch. Metacrunch is a news complier and aggregator platform which aims to spread awareness and updates on Metaverse, Web 3.0 Technology, Blockchain, Cryptocurrency, NFTs, Airdrops and many more.
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