The opportunities in cryptocurrencies are boundless. There are decentralised finance (DeFi) coins that allow investors to enjoy fast and seamless transaction speed at a lower price without the involvement of a third party. And there are decentralised exchange (DEX) coins that give users control as well as facilitate trade exchange in the blockchain network. Mehracki news…
This article will explore how the new crypto project Mehracki token (MKI), currently in its presale phase, can lead the crypto market along with PancakeSwap (CAKE) and THORChain (RUNE).
Mehracki Token (MKI): Taking the Crypto Market by Storm
The Mehracki Token (MKI) is a Solana-based feel-good meme token with a real-life application integrated into its ecosystem. Though many people see meme tokens as the fun and friendly side of crypto due to the buzz and hype surrounding it. However, Mehracki aims to redefine that perception by designing a framework that makes the project captivating enough, yet still retains fundamental meme elements.
Mehracki intends to replace the boredom and fatigue crypto users feel when using the same coin or tokens over and over again and put in love, thereby promoting health and a quality lifestyle through memes and touring the world using blockchain as the tool.
The real-life applications of Mehracki will be centred on cheap, fast, and limitless transactions, with a primary focus on industries categorised — as hospitality and tourism. The interesting part is that Mehracki won’t just be focusing only on those two industries but also be utilised by everyone and anyone because it is built to allow scalability and very modest value transactions.
Users, like hospitality business owners and tourists, can feel good and worry less with MKI, the official utility token of the Mehracki ecosystem. They won’t have to worry about costly taxes and centralised intermediaries or delayed transactions as the token will be used to verify and authenticate transactions on the blockchain.
Mehracki Token (MKI) intends to call people’s attention to popular cryptocurrency concepts such as participation rewards, non-fungible tokens (NFTs), decentralised exchanges, and more. This concept would also be found in Mehracki’s ecosystem. Users will be able to enjoy all the benefits of the meme utility token such as,
Creating, minting, and trading feel-good NFTs, DAO voting and governance, passive income through staking and yield farming, and a marketplace where tourist and hospitality businesses can thrive.
Mehracki as a decentralised application organisation (DAO) will allow active holders of MKI Tokens to govern the platform. Users can suggest or send proposals to improve the operation of the Mehracki network.
Apart from being one of the largest DeFi applications, PancakeSwap is popular for its affordable fees and fast transaction speed.
PancakeSwap (CAKE) is a decentralised cryptocurrency exchange built on the Binance Smart Chain (BSC) network. The platform allows users to swap any BNB chain-based coin on its ecosystem. Its official token, CAKE, is used to complete transactions on the blockchain.
PancakeSwap also has farming and staking features that allow active holders of CAKE tokens to earn passive incomes by locking up their assets in a liquidity pool.
THORChain is a decentralised liquidity protocol that allows users to trade cryptocurrency assets seamlessly across multiple blockchain networks without losing ownership of the crypto assets during this process.
These exchanges are performed using permissionless cross-chain liquidity pools that allow users to access to stake their assets and earn trading fees. Its native token, RUNE, is used as the value exchange on the THORChain network.
Finally, you could possibly unlock the potential the DeFi coins discussed above have to offer by investing in them, or you could hopefully even make more from the Mehracki Token (MKI) at a discounted price while it’s on presale.
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