Gnox (GNOX) continues to attract new investors from top crypto projects Ethereum (ETH), Cronos (CRO) and Polygon (MATIC)

The top altcoins are breaking price resistance barriers left and right this past week. If you are an experienced crypto trader, good for you. You are probably making a killer trade. However, 99% of those who try swing trading end up losing money. A better strategy is to make money doing what you do best and invest in valuable assets for the long term.

So is it time to eat altcoins with everyone else? Even now, depending on the asset you choose, you may or may not see gains. While Polygon (MATIC) has nearly tripled in price, Cronos (CRO) is only up by about a third. Meanwhile, Ethereum (ETH) has performed somewhere in the middle with 80% gains recently. Prior to this, millions of crypto investors were burned by falling prices as these assets fell to somewhere near 90% of their all-time highs.

So even if you are ready to enter the crypto market, it is simply not a good idea to pin your hopes on one asset. It is much safer to diversify your investment. Ah, but this can take a lot of time. So how best to approach the market?

Gnox Token: “Yield Farming as a Service”

What if you could buy just one token that gives you exposure to a diverse selection of top cryptocurrencies that all produce passive income? You can. It’s called Gnox Token (GNOX).

By simply buying and holding GNOX, long-term investors can drastically reduce risk while earning passive income from their investment. They call this “profit farming as a service”.

Yield farming is the process of identifying and investing in strong cryptocurrencies and then unlocking them into passive income opportunities on DeFi platforms (such as those built on Ethereum, Cosmos and Polygon). Honestly, it’s quite a lot of work that most people don’t have time to do.

With GNOX, all this work is done for you by an experienced team of DeFi analysts. The Gnox platform aggregates data on passive income generating opportunities from a wide range of platforms and blockchains. The experts then present the options in a report to GNOX holders who can vote on which opportunities are worth investing in – if they want.

To build a treasury, Gnox borrows a strategy from NFTs. The Treasury is financed by a 10% royalty on all aftermarket sales of GNOX tokens. This means that the amount of money brought into the treasury is constantly growing and thus producing more and more passive income.

The profits from yield farming activities are used to buy back GNOX tokens from exchanges and permanently remove them from circulation. These buybacks immediately increase the price of the token once every month. This also means that the token supply is depleted forever.

Also, a 10% portion of 10% royalty is sent back to all GNOX holders every hour. This means you can sit back and watch your stack grow throughout the day.

GNOX is currently in ICO mode with the final phase of the presale ending on August 12th. Those who get in before the token hits the open market can see a very nice gain in the value of their stack, as all unsold tokens will be burned before launch. No new tokens will ever be minted.

You really can’t make long-term crypto investing any easier. And with a perpetually deflating supply and ever-increasing stacks, GNOX could very well be the first DeFi token to see mass adoption. You can learn more and join the presale on the Gnox.io website.

Learn more about Gnox:

Join the presale: https://presale.gnox.io/register
Website: https://gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
Instagram:

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent Bitcoinists. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.

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