Binance (BNB), Uniswap (UNI), and Youniverze Finance (YUNI). The crypto collapse was a defining moment in the history of the cryptoverse. This was when the cryptocurrency market witnessed red weeks, with top coins dropping to half their all-time highs and Luna becoming almost valueless. However, today, the narrative is taking a new turn. The cryptocurrency market has struggled to weather these times, and altcoins like Binance (BNB), Uniswap (UNI), and Youniverze Finance (YUNI) have regained their spark, offering rewards and steady returns while at it.
Let’s dive deeper.
BNB is the native coin of BNB Beacon Chain and BNB Smart Chain, launched in 2017. Ranked the third-largest cryptocurrency by market capitalization, the Binance Coin (BNB) use cases include BNB on Binance Exchange, Binance Decentralised Exchange (DEX), for reduced trading fees, as well as for paying transaction fees on BNB Beacon Chain and BNB Smart Chain.
With the Binance Card of Binance Pay, users can use BNB to pay for goods and services for online and offline in-store purchases. On Travala.com, users can deploy BNB to book hotels and flights. With BNB, users can also participate in token sales hosted on Binance Launchpad. These use cases have raked in a total market cap of over $50 billion and constant uptrends in market value.
Following its efforts to integrate NFTs, metaverse, and Web3 products into its operations, Binance, in Q2 2022, secured a new $500 million investment fund supported by top global institutional investors such as DST Global Partners, Breyer Capital, and Whampoa Group. This fund will be integral to leapfrogging the company’s efforts to incorporate broader use cases of cryptocurrencies and drive the growth of Web3.0, NFTs, P2E, and blockchain innovations.
According to CoinMarketCap,e BNB price is $252.01 at the time of writing. Its exceptional utilities enable it to offer steady returns despite the general downtrend in cryptocurrency prices.
Uniswap (UNI) is a leading decentralized exchange app in the cryptocurrency market today. It is the first DEX with a trading volume of over $800 billion, a figure bigger than the total trading volume of some of the leading centralized exchange platforms.
Uniswap (UNI) entered the limelight in 2020 and became the center of the hype around decentralized finance (DeFi). The platform launched its native cryptocurrency, Uniswap (UNI), in September 2020, and the token’s price boomed. Days later, UNI was already trading among the top 40 cryptocurrencies by market capitalization.
On Uniswap (UNI), the users are the liquidity providers contributing assets to the decentralized liquidity pools. This is essentially how the network drives user loyalty and engagement, as it imbues a lasting sense of ownership for more efficient collaborations. These liquidity providers are entitled to a fraction of the fees their pool generates, thereby creating passive income with every fee.
Since its launch in November 2018, Uniswap (UNI) has undergone three upgrades, with the third version featuring improved capital efficiency, better oracles, and flexible fees. According to CoinGecko, at the time of writing, a UNI sells at $6.77.
Youniverze Finance (YUNI)
Youniverze Finance (YUNI) is a multichain platform that enables platform crypto trading, sourcing, and bridging across the globe. It allows you to access numerous liquidity providers simultaneously, including in-chain and multichain. Youniverze Finance (YUNI) features the cheapest swap rate and the most cost-effective bridge or DEX.
Youniverze Finance’s multi-chain and sourcing structure allows you to switch between different networks and interact with different blockchains at once. The platform features a bridge technology that enables you to exchange tokens/coins that aren’t native to Youniverze Finance. While at it, the network also helps calculate arbitrages on the fly and route customers via less expensive channels.
On the Youniverze Finance (YUNI) platform, you enjoy a streamlined and user-friendly interface that is simpler and more effective than what we find in regular exchanges. This is in line with its objectives to offer a platform for crypto users to have a seamless experience by eliminating complex transactions.
Youniverze Finance’s smart bridging technology helps you import assets from other platforms/chains onto the platform without having to convert them to fiat currency. For lovers of the metaverse and play-to-earn gaming, Youniverze Finance Metaverse will help scale up your virtual social interaction and add fun to trading and exchange, even with rewards to win!
The Youniverze Finance (YUNI) team will roll out information on the YUNI presale. Here’s your chance to hit gold at the cryptocurrency markets, so ensure you don’t miss out on any updates!
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