Home Ethereum Can Vertochain outperform top performing cryptos like Shiba Inu and Synthetix?

Can Vertochain outperform top performing cryptos like Shiba Inu and Synthetix?

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Can Vertochain outperform top performing cryptos like Shiba Inu and Synthetix?

Introduction

Digital assets, especially cryptocurrency, have been a trending topic in the global market. As they offer a new way to hold funds and capital, people are intrigued by how cryptocurrency works in real life. That said, the crypto market is currently facing a crisis in recent months. The massive crypto crash has hit the market, and almost every crypto project is trading in the red these days. Analysts blame factors like inflation, the Ukrainian-Russian conflict and changes in government policies for the mess.

However, this did not prevent the market from developing more projects in this area. One of them is VertoChain (GREEN). Let’s compare the project with top performing cryptocurrencies like Shiba Inu (SHIB) and Synthetix (SNX) to learn more.

Shiba Inu (SHIB)?

Shiba Inu (SHIB) is a decentralized altcoin based on Ethereum Blockchain. Built on blockchain technology, this community initiative is a cryptocurrency called meme coin. Combined with smart contracts, it enables faster, cheaper and more secure transactions. This token is heavily affected by the crypto crash. One reason for this is the lack of utility in the project. When the project was launched, it gained popularity for its unique features. Nonetheless, the token eventually lost its appeal and began to decline.

Synthetix (SNX)

Synthetix (SNX) is a decentralized software that allows users to mint tokens similar to global assets like gold and silver. It runs on Ethereum Blockchain, partnering with smart contracts to facilitate users. These smart contracts track and deliver the returns of other assets without owning those assets. The Synthetix ecosystem has introduced SNX tokens as a native crypto token to operate efficiently and provide a user-friendly experience.

Evolution of decentralized finance in the 21st century

People are familiar with central financial institutions such as central and commercial banks. But there are trust issues surrounding this form of funding. To avoid these shortcomings, people have come up with a next-level solution. Decentralized finance (DeFi) is a better alternative to all the financing problems faced by innovators. This platform provides tools such as staking, yield farming, liquidity pools, and crypto-asset lending. Major cryptocurrency projects like PancakeSwap (CAKE) and Aave (AAVE) now prefer to use DeFi tools to connect users to early innovators.

VertoChain (VERT): an advanced DeFi protocol

VertoChain (VERT) is a utility and governance token of the VertoChain ecosystem. It is a peer-to-peer trading protocol that aims to provide barrier-free access to the crypto world to all users around the world.

The team believes in near-zero transaction fees when trading crypto assets across multiple networks. They believe in combining advanced DeFi tools such as yield, liquidity pools, and staking with expert service delivery to drive revolutionary change in the crypto world.

Features of VertoChain (GREEN)

The team researched and discovered unique features to add value to the project. These include:

  • VERT operates on Binance Smart Chain (BSC), a programmable network of smart contracts that incorporates a proof-of-stake mechanism.
  • The team also plans to build a multi-chain network on the VetroChain. This system will include top DeFi chains like Avalanche (AVAX), Tezos (XTZ), Solana (SOL) and Ethereum (ETH).
  • The project is community-based and integrated into the concept of decentralized autonomous organization (DAO). It empowers users by giving them the right to vote.
Conclusion

After the recent crypto crash, people are looking for promising projects. One such platform may be VertoChain (VERT) offering peer-to-peer trading and exchanging the DeFi protocol for crypto tokens. Key features of this platform include multi-chain exchange, liquidity, and yield provisions for users. The team plans to expand the project by launching the GREEN tokens on PancakeSwap (CAKE) and partnering with multiple funding partnerships. This project has the potential to grow and it could outperform cryptocurrencies like Shiba Inu (SHIB) and Synthetix (SNX) in the long run.

VertoChain (GREEN)

Presale: https://up.vertochain.io

Website: http://vertochain.io/

Telegram: https://t.me/VertoChainOfficial

Disclaimer

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