The Decentralized Finance (DeFi) concept has erupted into a rage of rapid growth in recent years. Blockchain technology facilitates components like Non-Fungible Tokens (NFTs), Decentralized Exchanges (DEXs), and DeFi networks. They contribute to the growth of Web 3.0. The main objective of Supontis would be to reinvent DeFi. Then, in turn, contribute to the evolution of Web 3.0.

Supontis will serve as a bridge for accessing various assets across multiple blockchains. For example, when a purchase is bound for transfer, its value is locked onto the initial blockchain. The locking process involves twinning asset values on the main and destination blockchain. So, these valued assets are not moved between blockchains.

Supontis is essentially a BNB Smart Chain-dependent platform. However, there are a couple of advantages to the use of BNB. These advantages include cross-chain connectivity with Binance, Tron, and Fantom assets. Likewise, BNB Smart Chain is programmable using Solidity. The ‘Solidity’ programming language ensures a programmable and secure smart contract.

Another intriguing feature of this blockchain would be the Ethereum Virtual Machine (EVM ) compatibility. The Total Value Locked (TVL) estimate would make BNB the third highest-rated DeFi system. The fact that BNB Smart Chain is a very successful DeFi network suggests that Supontis will be as well.

The use of BNB smart contracts aids the entire bridging process, resolving it into two steps. First, the values of assets on the initial blockchain are tied to the corresponding values in the destination blockchain. These ties keep asset values at a balanced proportion between blockchains.

Supontis Token

$PON is BEP-20 compatible. The Supontis token is built on BNB Smart Chain. These tokens are used to pay for certain transactions. After obtaining this token, you are automatically granted governing rights to exercise voting opinions on proposals.

Any member of the ecosystem could come forward with ideas that can lead to the platform’s development. Then, the token holders decide the fate of these ideas by putting them to a vote. Affording holders this ability would ensure placing $PON on top of the best cryptocurrency list.

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Functional properties of $PON

  1. Staking Supontis tokens: The advent of making stakes on Supontis relies on the Proof-of-Stake (PoS) consensus mechanism. However, $PON holders can earn extra cash values from staking. Likewise, the integrity of the Supontis Dao platform is improved.
  2. Listing Supontis token on PancakeSwap and UniSwap: $PON will be listed on Decentralized Exchange platforms such as PancakeSwap and UniSwap after launch. Investors can also find the token on Centralized Exchange platforms. The purchase will also be possible by accessing the presale option. $PON remains the cryptocurrency to buy now in the coin market.

How does Supontis fare against Internet Computer and Kusama

Internet Computer Token

The Internet Computer ecosystem is built as a Decentralized network. The platform aims to extend the extremities of Internet functions. Also, its objective is to support smart contract development on a broader scale.

The ICP token aids the creation of Decentralized applications (dApps). In addition, its scalability and high-security level help maintain the platform’s integrity.

Kusama Token

The Kusama platform is experimental. The blockchain-based ecosystem was designed to look like Polkadot. As a result, Polkadot is one of the most successful blockchains ever.

$KSM is Decentralized and permission-less and grants holders governance rights. The token holders can take votes to pass proposals into action. These proposals are often for upgrades and changes to protocol and specific features of the Kusama platform.

The Supontis token appears to be superior to the washed-up ICP and KSM tokens in the following ways:

  • The level of security is an effective determinator of the integrity of blockchain network systems. SInce Supontis employs BNB smart chain, valuable assets are safely secure on the blockchain. Therefore, this effort reinforces the belief that $PON is the best cryptocurrency investment in 2022.
  • Transaction speeds are at a fast rate on the Supontis platform. The ecosystem can handle transactions at high speed without having the cause to take a break. Also, the employed BNB smart chain seems better than the conventional type.
  • Lower transaction speeds are ensured on the Supontis platform, and trading transactions are validated faster.

 

Now that you are well informed on the features of this $PON token feel free to jump on the bandwagon and become a token holder! Find out more below:

Presale: https://register.supontis.com

Website: http://supontis.com/

Telegram: https://t.me/SupontisTokenOfficial

 

 

 

 

 

 

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