DeFi - Connecting The World

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Avatar for badbitch
3 years ago


OK, the biggest rants lately are all paving round the Ethereum Blockchain and we can attest to why the trends carry that. We've seen a couple of Uniswap topics after making moves over $8, Compound rants as the native token "Comp" Surges Higher. And Thorchain, Although Thorchain is an independent crypto network, it sure could be called an Altcoin lab rat, the decentralized platform which was created under a flawed system of crypto exchange. Thorchain became independent to bypass the Centralized system of exchange, creating an environment similar to a Dex that could bridge external forces or network, easing a cross-chain trade function. The system also functions on CLPs whereas the availability of swap options are assured at any point in time. Thorchain works similarly like any other swap Dapps on the Ethereum Blockchain, liquidity providers gain yields, Swap includes no 'third parties' which means they are non-custodial, basically a framework NOT a crypto Exchange.

R U N E for IT or LINK IT?

I'd say R U N E and LINK it UP

OK, if you've not heard of Sergey Nazarov I'll tell you a bit about him. "Sergey Nazarov is 32 of age, tech entrepreneur (A NERD), he created Smartcontract.com (not sure if single handedly). Then he created Chainlink in 2017. ... He is a relatively private man (internet data) that likes to keep off social media, instead he chooses to dedicate his time towards the growth and development of Chainlink"

From His Internet data, we know he's anti-social, prolly against the social media world, because he prolly sucks at relating with people. But somehow he manages to try and LINK the Centralized world to the decentralized world by building a Blockchain Oracle, or should I say he's prolly the Oracle himself.

You've maybe bumped into the DeFi protocol oracle Called ChainLink. From the Ethereum Blockchain, ChainLink is built as a Real-world-time Oracle, a data sourcing protocol in the Descentralized space, gathering data therein and from the Centralized world. Chainlink is proposed to link information or data, from around the world, such as market prices of assets, to the DeFi space for smart contracts. ChainLink helps in decentralizing the internet to create a LINK between blockchain and their real-world applications. Smart contracts operators can utilize the oracles in the network to fetch or source data from off-chain APIs, data pools, and other RESOURCES.
ChainLink and Thorchain has got to be the biggest news for DeFi and Crypto at large. Chainlink and Thorchain both have a native token called LINK and RUNE, Link the chainlink cryptocurrency has seen growth from $13.90 to $23.30 on the last Seven days, RUNE on the other hand has moved from $1.87 to $2.20 in the last 24 hours. I couldn't help but notice that while every other cryptocurrency tends to be dormant, stagnant or rather Retarding at the moment, DeFi network protocol tokens seem to be having a good time. With the recent ChainLink activities, I am pretty much certain that the protocol token. LINK will remain impulsive in growth, and as time passes, Link may surpass many cryptocurrencies as it is already on the run to eliminate Bitcoin cash.


Why You Should Buy LINK and RUNE?

If you're looking at having a dollar of two zero token then LINK is where you can start. Well, I am not a financial advisor but the FOMO is really creepy up on not just me, RUNE is obviously real cheap, Link is already high as hell, look at it that we adopted LINK sevens days ago, we would be thinking of selling a tiny fraction of it if not all for the profit. The chainlink protocol token may be the biggest part of altcoins bull run, February is close and we know how bearish the markets can get, but nevertheless, if Link can survive this period with a stable or confidence price chart then we'd be looking at a $100 token before the year passes, RUNE can only go as far as $20 below, but don't take me word for it, my instincts often work for me but it shouldn't be trusted at all time.

Thank You For The Attention Up Until Now

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3 years ago

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The Projects built on the Ethereum Blockchain are often fruitful, good news for altcoins

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