This year has been a hard period for the coin market. Most traders have been unable to catch a break. But the onset of Christmas has promised to bring a few smiles to the faces of traders. Historically, Christmas is a period of frequent trading. Therefore, coin prices rise too. If you wish to have a thrilling Christmas season, you’ll need to buy the right crypto tokens. Aave, Polygon, and Cryptoons are good token choices for traders to buy during this period.
Aave (AAVE): DeFi Lending & Borrowing
Aave is a DeFi project but unlike others you’ll find on the coin market. This decentralized protocol is used for lending and borrowing. Users can borrow from this platform in exchange for interest. However, you’ll need to have previously committed capital to the platform to the eligible. You’ll also not be able to borrow the entire amount you’ve contributed. This system is organized to prevent defaults and bad debts. AAVE is the token symbol for the platform. You’ll use this token to stake on the platform and to pay transaction fees.
Polygon (MATIC): Improving Ethereum’s Capacity
The coin market has transcended what anyone ever anticipated. However, it’s yet to achieve global acceptance. Many people worldwide are still hesitant about getting involved with cryptocurrencies. Polygon is one of those projects that are concerned with the widespread growth of the coin market. This cryptocurrency’s utility will improve the capacity of the world’s most popular altcoin.
Polygon is designed to improve the capacity of Ethereum and reduce congestion on the platform to the barest minimum. Many experts refer to Polygon as layer-2 protocol because it is designed to run alongside Ethereum. Through Polygon, Ethereum will be able to process multiple transactions without slowing down or increasing its transaction fees exponentially. MATIC is the native token of this platform. You can purchase MATIC on top crypto exchanges worldwide.
Cryptoons (CTOON): Manga Meets Crypto
Cryptoons is a new token on the block. But this new cryptocurrency is packed with plenty of features. This is one of the few projects developed to care for a certain demographic. In this case, this platform was designed for comic book, manga, and webtoon lovers. The developers of Cryptoons want to create a positive decentralized community of creators and readers. The platform aims to ensure that all parties are satisfied.
Humans have been artists since the start of civilization. However, creators have always needed help getting fair value for their work. Often, they need more medium to present their work to a marketplace of people. These difficulties are still experienced in the comic world to date. This platform was designed to ensure that creators get fair compensation for their efforts while users get fair value for money. They have designed an NFT marketplace where creators can mint and sell their creations as NFTs. Artists are also allowed to add royalties percentages to their work. This means they’ll determine how much they’ll get from the resale price.
If that was not enough, cryptoons also allows users to use their NFT to take loans from the platform. This feature could come in handy whenever you need an extra influx of cash. Your NFT will be locked in escrow on the platform. You’ll be given access to a loan equivalent to the value of your non-fungible token. This way, Cryptoons (CTOON) also introduces DeFi features to its comic forum. The comic launchpad is the favorite feature of many users. They enjoy its constant updates and timely announcements.
The last thing to know about Cryptoons is that the platform is run as a DAO. Users are expected to vote on key decisions. You’ll need CTOON tokens to vote on this platform. CTOON tokens will also be used to settle transaction fees.
For More On Cryptoons:
Presale: https://www.cryptoons-token.com/how-to-buy
Website: https://www.cryptoons-token.com/
Telegram: https://t.me/CryptoonsTokenOfficial
