Yes, a bear market exists right now. At this point, there should be no room for skepticism. However, that does not imply that all hope is lost. Market recovery will finally take place, rewarding investors in projects with solid foundations.
The nicest thing about this crypto winter is that you can still make money carrying your bags while surviving. It makes sense to include these three audit-secured DeFi tokens in your portfolio for compounding benefits.
With 2.5 billion tokens burned even before the contract launch, Gnox has garnered investors’ attention for its effort in simplifying DeFi. The ecosystem is powered by a treasury that is put to work for the benefit of the community. The funds are accumulated by implementing a tax on every transaction. The token holders get a share of what the treasury makes within a given timeframe.
Users have the right to vote on governance proposals regarding the deployment strategies. The rewards may vary based on market conditions and risk tolerance. Rest assured, one can keep accumulating passive income during the bear market, without having to experience the complexities of DeFi. It is currently in the second round of presale, and the price is up by 60% from the initial value.
Chainlink is the leading oracle network that powers hybrid smart contracts and allows any blockchain to access off-chain data securely. The demand for its services has risen dramatically over the past two years and continues to gain traction among multiple blockchain projects. Despite the steady decline of BTC and the overall market, LINK is holding its ground, just like it did in the last bear market. It has a reputation of being a top performer when all other cryptos bleed to death. Furthermore, the opportunity to earn passive income by staking LINK is another reason why you need this token to survive.
With a 42.5% market share by Volume, Uniswap is the largest decentralized exchange built on the Ethereum blockchain. Despite the current market turmoil, it continues to dominate the space with exciting developments. The recent announcement to acquire an NFT marketplace aggregator is a bullish move. It has also overtaken Ethereum with a dramatic surge in fees, owing to the huge demand for DeFi during the bear market. The first-mover advantage with Uniswap makes it a safe long-term investment that can stomach harsh weather.
Join presale: https://presale.gnox.io/register