Cryptocurrency

Could GNOX Beat Cryptos Like CAKE, FTM, & AVAX in DeFi Sector?

Go through our article and analyze will Gnox (GNOX) be able to overcome cryptos like PancakeSwap (CAKE), Fantom (FTM), & Avalanche (AVAX) in DeFi sector.

There’s one crypto project that’s got everyone talking right now: and that’s GNOX. Many are hailing it as the best new crypto project to hit the scene in some time, and it’s performed remarkably well despite overall market conditions (and while still presale). With discounts still available for those who want to get involved in the current presale, it might be the perfect addition to your portfolio. But how does it match up with other crypto projects like PancakeSwap Fantom and Avalanche? Let’s have a look…

Gnox (GNOX)

Gnox has built a unique platform that gives regular investors access to real passive income without managing investments themselves. These regular mainstream investors have often been resistant to the DeFi world, despite the many benefits crypto investments bring. They either don’t understand how things like staking work, or they don’t want to manage such complicated investment strategies themselves. With Gnox, they don’t have to—they get real passive income returns simply by holding GNOX.

Gnox works by charging a sales tax on all transactions. The funds raised from this tax are used in a few different ways to help build the ecosystem. Some are spent on marketing, some solidifying the base price on PancakeSwap, and some are paid back every hour to holders. But most of these funds go into Gnox’s unique treasury. These funds are invested on behalf of investors into various crypto projects, from low-risk things like stablecoins to much higher-risk things like NFTs (and all sorts in-between). 

The proceeds from these invested funds are then paid out to Gnox holders in the form of passive income every month. So if you hold GNox, you don’t have to manage your investments; you get real passive income. But you will get a say via governance votes on how much risk you want the treasury funds to take with their investments.

And Gnox has surged massively in price in recent weeks as well. It’s a win-win for both the short and long-term.

PancakeSwap (CAKE)

Emerging as the biggest rival to Uniswap in the token-swapping world, PancakeSwap has become an integral part of the DeFi world in a short space of time. We think its current price of around $2.89 is a massive discount on a token that could soar once more. But swapping on PancakeSwap can be complicated, so it isn’t necessarily for newcomers to DeFi investing, and those newcomers should consider GNOX instead.

Fantom (FTM)

Fantom is another that’s got a bright future in crypto as a highly scalable blockchain platform that’s home to tons of different applications. You can also earn passive income with staking on Fantom, but it isn’t as easy to benefit from as GNOX.

Avalanche (AVAX)

AVAX is used to power transactions and more on the Avalanche network as its native token. As one of the flagship smart contract platforms in crypto, Avalanche also offers a range of staking and passive income opportunities. But again, these aren’t as easy to use as GNOX.

If you want to stake your coins without having to stake them yourself and earn real passive income without managing your investments in a hands-on manner—GNOX is the perfect answer.

Find Out More Here:-

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

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