The current year has been a shadow of the coin market’s condition in 2021, which had a bull run and a DeFi boom that peaked during the summer. Market analysts expect a similar trend to the previous year in 2023 but at a lesser magnitude.
With this anticipated boom, having a DeFi crypto asset in your portfolio could increase your chances of profiting from the market. Experts have highlighted several DeFi assets to consider, and we bring you three that top the list. Any of these altcoins could improve your portfolio, especially the new cryptocurrency, Adirize DAO (DAI), which is a low-risk purchase.
Leveraging Assets With Avalanche (AVAX)
Avalanche is an open-source smart contract platform that enables developers to build scalable decentralized applications (DApps). It is one of Ethereum’s greatest rivals, even though it has achieved interoperability with the large smart contract network, leveraging its bridge (Avalanche bridge). This allows seamless transfer of Avalanche and Ethereum assets between the blockchains
The solidity-compatible platform allows creators to build Ethereum-based dApps at low costs and higher throughput while ensuring optimum security. Avalanche’s structural makeup allows it to achieve high transaction output and scalability. It has three built-in blockchains – P-chain, X-chain, and C-chain using different consensus mechanisms to carry out their functions.
Avalanche supports DeFi-related use cases like borrowing and lending, asset insurance, automated market makers (AMM), and decentralized exchanges (DEXs). The network leverages AVAX, its native token, for security and transaction processing. The crypto asset was highly rewarding to adopters in the previous year, doing 50× increase. Many enthusiasts are not expecting such a huge profit in the coming year, but they believe Avalanche (AVAX) would bring returns.
Building Worlds – Zilliqa (ZIL)
The Zilliqa network provides creators with the necessary tools and resources to build and design functional decentralized applications (dApps). It offers irresistible perks like the ease of use, high scalability, optimum security, and cost-effectiveness. The permissionless public network uses a layer-two sharding solution to solve scalability issues, ensure high throughput, enabling it to complete transactions in a second.
Zilliqa hosts many dApps on its platform. It integrated a DeFi use case the previous year, allowing staking and yield farming. ZIL is the platform’s native currency, aiding transaction processing and smart contract execution. It is another high-rewarding crypto asset in 2021 and would hope to replicate such in the coming year.
In Uncertain Times, Stability With Adirize DAO (ADI)
Adirize DAO (ADI) will launch as a stablecoin. The new cryptocurrency aims to provide better stability and benefits than existing stablecoins in the market. Adirize DAO (ADI) will be pegged to real-time reserved assets rather than the U.S dollar, making it highly decentralized. It will be less volatile than other crypto assets (including stablecoins), making it a better alternative to store your money during uncertain periods without fear of depreciation.
The new coin is built to protect active players in the cryptoverse from REKT, especially during the crypto winter. ADI beats other stablecoins with its decentralized features. Negative economic effects on the Fiat currencies may affect other stablecoins, but ADI remains unaffected. With ADI, market players will rely less on the semi-centralized USDT/USDC and opt for a stablecoin with optimum stability.
ADI will also function as a governance token in the Adirize ecosystem’s DAO. Adirize token (ADI) holders will make up the DAO, and each member will have the right to contribute to the development of the ecosystem based on the number of tokens they hold. You can hold or stake the ADI token and contribute to the ecosystem’s liquidity for a discounted ADI token.
The Adirize ecosystem will facilitate DeFi use cases like Bonding, staking, and inverse bonds, which could see it benefit from the DeFi boom. ADI will be a suitable coin for daily transactions, and every crypto investor will find it beneficial. The token’s presale is still on, and you should join now.
Adirize DAO (ADI)
Presale: http://join.adirize.com/
Website: http://adirize.com/
Telegram: https://t.me/AdirizeDAO_Official
