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Crypto News – How Aave (AAVE), Uniswap (UNI), and Logarithmic Finance (LOG) Are Changing DeFi

Decentralized finance (DeFi) and decentralized tokens have taken the crypto world by storm due to the many benefits they offer. Here are three DeFi tokens to watch!

Why Investors Prefer DeFi

Many people are joining the crypto sphere every day as the market continues to attract new investors. Not only is digital finance gaining popularity, but Decentralized finance (DeFi) is all the hype right now.

These DeFi-focused tokens have also gained popularity among investors due to their durability as decentralized platforms continue to assert themselves in the crypto market as trend setters. Ethereum is an example of a DeFi coin, and as one of the first, it has opened the doors to many other DeFi projects currently in the market.

Expert investors agree that decentralized finance and decentralized exchanges are the most revolutionary aspect of crypto because they have replaced central intermediaries and trust mechanisms.

Earn with DeFi tokens

Aave (AAVE)

Aave launched in September 2017 and takes its name from the Finnish word “Aave”, which means ghost. Aave is a decentralized finance (DeFi) noncustodial liquidity protocol that allows investors to act as depositors or borrowers.

By allowing you to buy and lend tokens, investors can earn interest when they deposit the investments into specially created pools of liquidity.

Aave (AAVE) understands the importance of liquidity. Depositors are able to help provide liquidity to the market while earning a second income and borrowers are allowed to borrow over-collateralized (perpetually) or under-collateralized (block liquidity).

Additionally, borrowers can also use their crypto as collateral in order to take out a flash loan using this liquidity.

Aave is one of the favorite Challenge tokens from many investors and ranks 11th among the best DeFi tokens by market capitalization. At the time of writing, the AAVE price is $88.44 with a market cap of $1.2 billion.

Uniswap (UNI)

Uniswap (UNI) was launched in November 2018 and quickly became a popular decentralized trading protocol. The platform is an automated market maker (AMM) and facilitates automated trading of decentralized finance (DeFi) tokens.

The platform has benefited from the recent DeFi hype in the crypto world and Uniswap (UNI) is the largest DeFi platform built on Ethereum.

The primary goal of Uniswap is to enable automated token trading and make it completely open to all types of investors.

Nevertheless, Uniswap is keen to improve the efficiency of trading compared to that of traditional exchanges. The platform is able to do this by solving liquidity problems with automated solutions and avoiding the problems encountered with the initial decentralized exchanges.

Uniswap launched its own utility token United in 2020. Uniswap price today is $5.08 with a live market cap of $3.64 billion.

Log Finance (LOG)

Log Finance (LOG) just entered the world of crypto and is already making headlines. This might be the most opportune time to invest in the new cryptocurrency, during the pre-sale phase, as you can acquire the token for less.

The project aspires to become the next-generation decentralized finance and exchange protocol.

As a multi-channel network, Logarithmic finance works with major blockchain platforms such as Solana (SOL), Polygon (MATIC), Ethereum (ETH), Avalanche (AVAX) and many more.

According to the whitepaper, Logarithmic Finance enables many digital investments such as an advanced NFT platform. There, investors can easily exchange their cryptocurrency for NFTs.

LOG is the governance token of the platform and is based on the ERC-20 standard and since the start of its pre-sale, the token has seen an increase of more than 44% in value.

Decentralized finance is taking over the crypto market and you should join this trend with Aave (AAVE), UniSwap (UNI) and Logarithmic Finance (LOG). These tokens are concerned with providing the best user experience and have become the favorite tokens of many expert investors.

Join the Logarithmic Finance presale

https://presale.logarithmic.finance/register

https://logarithmic.finance/

https://t.me/LOGARITHMIC_FINANCE_OFFICIAL

https://twitter.com/LOGARITHMIC_FI



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