There are many successful projects within the crypto market, the main ones being Bitcoin and Ethereum. But what measures a crypto project’s success? Well, it ranges from market capitalisation, token value, number of users, general popularity, and more.
One popular cryptocurrency that has done exceptionally well in the market is Decentraland (MANA). However, newcomer Logarithmic Finance (LOG) seems to be one that could become a big leader in the market alongside MANA.
Logarithmic Finance (LOG)
Logarithmic Finance is a newbie cryptocurrency project that aims to improve the situation of investments and innovation funding in the cryptocurrency platform. Focusing on the decentralised finance (DeFi) world, it is obvious that the functions and features of the Decentralised Exchange (DEX) platforms are still limited compared to centralised exchange platforms as we know them. This is how the innovators of Logarithmic Finance noticed that only a very small amount of decentralised exchange (DEX) protocols offer an ecosystem that can help start-ups use Initial Decentralised Exchange (DO) offerings to save funds.
In response to this, Logarithmic Finance was created as a next-generation DeFi swapping protocol that brings early-stage blockchain innovators and investors together to provide a seamless connection and interaction between them. LOG was created with web 3.0 as the foundational technology structure alongside an intuitive interface that exposes the hidden potential of DeFi. In turn, LOG's design helps innovators raise the funds they need and launch the best version of their project that will easily and quickly attract the best investors' attention on the platform. The Logarithmic Ecosystem depends on liquidity pools and its utility token, LOG. In the ecosystem, there are pool types, including Direct Access Pools (DAP) and Time Freeze Pools (TFP). There are also pool statuses which include available, open, unbuyable, completed, and dissolved.
The native token of this platform is LOG. This ERC-20 token is the governance and utility token of the platform. LOG is used to earn governance rights and the ability to make decisions in the community. Holders of the LOG token can also earn staking rewards.
The Decentraland cryptocurrency software has gained a lot of attention and popularity in the crypto space. Decentraland is one of the few crypto projects that can be used for serious investments as well as having fun while investing. Decentraland is a virtual world owned by users and based on Ethereum, allowing users to interact with activities and games and play and explore.
Users have the chance to buy pieces of the land on this software to build their own applications, environments and marketplaces. It was created to show users the possibilities of operating a shared world. The utility token of Decentraland is MANA. This ERC-20 token is crypto used to facilitate the purchases of NFTs, land parcels and virtual goods and services on the platform. MANA is used to purchase LAND, the NFT that denotes ownership of land parcels.
As Logarithmic Finance aims to solve a crypto problem, it has shown promise of growth. You can join the ongoing presale or learn more about it with the links below.
Enter Presale: https://presale.logarithmic.finance/register