As cryptocurrencies catalyse the global investment and financial scene even almost a decade after the world first heard about them, innovations in the field continue to make investors interested in which sector the digital asset class is going to disrupt next.
Liquid staking is the new buzzword of the cryptocurrency market that allows users to do much more with tokens than just staking. Moreover, with advantages like more security, better returns and asset efficiency, liquid staking is set to work for all kinds of investors.
If you are a rookie investor wanting to get started with cryptocurrency investments, we have selected 3 coins that could potentially go to the moon in the future. These 3 cryptos are CashFi (CFI), Bitcoin (BTC), and Tron (TRX). Here’s a look at their main features.
CashFi: How Liquid Staking Can Make NFT Trading Seamless
As cryptocurrency-based platforms make a beeline for investors globally, what sets CashFi (CFI) apart is that it provides a secure and easy-to-use framework that enables users to create versatile NFT marketplaces. Its features support the seamless operation of NFTs across blockchains.
Another factor that works in CashFi’s (CFI) favour is that it offers liquid staking.
Liquid staking is a mechanism wherein a token holder delegates the task of staking to a third party without losing ownership of the tokens. These tokens are not unavailable or frozen or locked in an escrow.
With liquid staking, users no longer have to be concerned about asset inefficiency, low security, lower returns and lack of a provision for instant liquidity- all problems that currently plague most legacy staking platforms.
Plus, the NFTs created in the NFT marketplaces are immutable as they utilise a standard hash so that each NFT gets represented uniquely across all blockchain systems. The method also makes for a trusted and secure environment as these NFTs are minted and burned on the native chain. Even when they are mutated, it is not done on any other chain.
Users should know that the platform has separate modules for the purchase and sale of NFTs and another one for minting, burning, or mutation. The separate functionalities ensure that users can trade and work around NFTs in a hassle-free manner even if they are on separate blockchains. It also has its own native token, CFI, that can be purchased on presale.
The CashFi (CFI) token can be used for staking and other transactional purposes on the platform.
If you are interested in knowing more about the CFI Token or how the CashFi (CFI) platform works, you can click on any of the links given at the end of the article. For daily updates, you can follow the social media links.
Edge Launches Bitcoin Mastercard
An open-source public blockchain system, Bitcoin (BTC) works with a peer-to-peer technology that has no central authority or bank overlooking its operations.
The transactions are managed and Bitcoin (BTC) is issued by the network. It also has a native token BTC.
In a recent development, self-custody exchange Edge launched a first-of-its-kind Bitcoin Mastercard that requires no personal information of the user to be fed into the system.
The Edge Card will be hosted on the Mastercard network. Users will be able to spend their cryptocurrency assets while shopping at Mastercard’s extensive network of over 10 million merchants in the United States.
Tron Burns 428,302,269 Tokens
Counted as among the world’s biggest public blockchain systems, Tron (TRX) has over 96 million registered users on its platform and is listed on more than 130 cryptocurrency exchanges.
With high throughput, Tron (TRX) allows developers to discover a variety of ways to deploy dApps because of an effective network of smart contracts and a highly scalable platform. It also has a native token, TRX, that can be used for staking and other purposes.
On June 7, 2022, Tron (TRX) announced that it had burned 428,302,269 tokens while managing a net production ratio of less than zero.