The introduction of blockchain technology has changed how people view basic transactions and financial services globally. The primary motivation behind centralised banking practices was profit. Due to these systems’ lax security network, it was difficult to guarantee the security of assets and funds.
With the mass use of blockchain technology, many of the problems centralised financial organisations faced in serving their consumers quickly became obsolete. Financial institutions were starting to come across as naïve, and every new cryptocurrency introduced highlighted more and more flaws in their system.
Less reliance on centralised financial systems has resulted from the freedom these technologies gave the public. In this article, we’ll be talking about these three cryptocurrencies; Proprivex (PPX), Aave (AAVE), and Polygon (MATIC).
Trading and Portfolio Platform – Proprivex Token
Proprivex Token is a software designed for trading and managing your portfolio that precisely controls virtual money and assets from a single location. This blockchain platform, which PPX tokenized, is creative and gives blockchain cryptocurrency a fresh new use. This platform thus acknowledged the issues with the traditional finance platform, such as hazards, volatility, security risks, and market variations. As a result, the PPX platform appropriately manages the financial assets of its users, whether they have experienced cryptocurrency investors or newcomers. Partake in Proprivex’s live sale presale to purchase the PPX token.
However, if you hold back until the last minute to sign up for the live presale, you buy $PPX in a DEX after it has already been required to list. There are many incentives and rewards throughout the presale period. For instance, if you use any of the top cryptocurrencies by market capitalization to buy more $PPX tokens, you’ll receive a 75% payback. Additionally, this platform gives customers perks to earn passive income by only using the website’s services.
The Open Source Protocol – Aave
Aave (AAVE) has made a reputation for itself and has proven to be one of the best-decentralised finance (DeFi) ventures. It was launched in 2017 and has regularly been on analysts’ radars. The cryptocurrency project allows users to earn interest on the coins they deposit through a profit-sharing mechanism.
On the cryptocurrency they deposit with AAVE, users may receive interest. The interest rate is influenced by the demand and supply of the invested coin. A particular cryptocurrency’s interest rate increases in response to rising demand. Aave (AAVE) is a coin that is poised to become very popular all over the world because of its unique qualities.
The Ethereum Scaling Platform – Polygon
A cryptocurrency called Polygon was developed specifically to help Ethereum and other blockchain networks scale. It achieves this by providing a layer two solution that enables transactions to happen quickly. This makes it ideal for DeFi applications like gaming, where speed is crucial.
Security is another priority for Polygon, with features like chain governance and fraud protection. It consequently rose to the top of the list of layer two cryptosystems in terms of usage. With a market cap of $5.5 billion, Polygon (MATIC) is one of the most valuable cryptocurrencies. Due to its emphasis on scalability and security, it is well-positioned to grow over the coming years.