GryffinDAO can attract more crypto investors than Cardano and polygon

Cryptocurrencies were introduced as an alternative to fiat currencies. No one predicted that cryptocurrency tokens would become some of the most popular assets within a decade. The popularity of crypto-assets has grown exponentially, and today most investors want to buy these new asset classes. New cryptoassets invite investors to be part of their community.

This community determines the future actions of platforms powered by these cryptoassets. Smart contracts define the basic rules, and the community can also revise these contracts. Therefore, modern investors seem more interested in such decentralized projects. Here are three tokens that could potentially bring big returns in the future. The three coins are: GryffinDAO (GDAO), Cardano (ADA) and Polygon (MATIC). Let’s find out more about these three coins.

GryffinDAO offers a deflationary rebase ecosystem to maintain true value

As the name suggests, GryffinDAO is a decentralized autonomous organization. This protocol is built on the Binance Smart Chain to deliver faster solutions. It introduces the GDAO token with many utility functions. Developers have used cutting-edge technologies to keep the token’s value stable while offering more real-life use cases.

Many platforms have introduced stablecoins before, but they failed to keep the token’s value stable. GryffinDAO uses a deflationary rebase ecosystem to prevent the original token from losing its base value.

Since GryffinDAO uses the BSC network, it can use smart contract functions and is compatible with the Ethereum Virtual Machine. It allows token holders to access a variety of dApps and exchange the native token in a convenient way.

Investors seeking better potential income opportunities will not be disappointed after purchasing GDAO coins. It claims to provide some good means of income using the rebase token model. As a deflationary sign, GDAO may become more valuable in the future. The supply will decrease with each transaction, and that will cause the remaining tokens to rise in value in the future.

GryffinDAO will be a new destination for access to several decentralized finance applications. Token holders will receive a share of the transaction fees. They will potentially earn through staking, participating in governance and exchanging GDAO tokens to post profits.

GryffinDAO will have no central authority. A community of investors will democratically determine the future roadmap. The GDAO token can be purchased on pre-sale. GryffinDAO is a unique decentralized platform that introduces the GDAO token as the best alternative to stablecoins.

Cardano remains the best option among proof-of-stake networks

Cardano is the next-generation solution to proof-of-work network problems. Charles Hoskinson (co-founder of Ethereum) was aware of the limitations of the Ethereum network. Therefore, he began to develop a new decentralized open source platform to overcome the challenges Ethereum is facing. He launched the Cardano platform with the ADA coin in 2017. Cardano uses the proof of stake mechanism to improve scalability, sustainability and interoperability. It can keep costs and energy consumption low while providing faster transaction speed. This platform uses the Ouroboros consensus protocol, which has proven to be much safer than other protocols. Cardano will use a research-based framework, evidence-based techniques and peer-reviewed insights for future progress.

The ADA token acts as the native token essential to access Cardano’s features and services.

Polygon: Transforming Ethereum into a multi-chain system

Ethereum is the world’s most popular blockchain network. Numerous decentralized finance applications and other projects use this network. Unfortunately, Ethereum has many flaws that are not easy to overcome. Therefore, the Polygon network has been introduced. This new platform uses the Ethereum blockchain to connect all projects using that network. It runs parallel to Ethereum, but it is much faster, more scalable, flexible and useful for future apps. Polygon makes Ethereum a multi-chain system that will benefit many new and existing projects. Polygon’s MATIC coin is an ERC-20 token. Investors can use this token for governance, payment of transaction fees and staking.