Invest in the Future With VeChain (VET), Aave (AAVE) and Quitriam Finance (QTM)

Invest in the Future With VeChain (VET), Aave (AAVE) and Quitriam Finance (QTM)
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Cryptocurrencies are the future; there’s no denying it anymore. After revolutionising the currencies, cryptocurrencies’ underlying technology, the blockchain, went on to revolutionise other areas of society such as finance or art, through NFTs notably. Quitriam Finance, VeChain, Aave news…

In this article, we will analyse three interesting projects, each working on a different application for blockchain technology.

VeChain (VET) focuses on supply chain management, Aave on decentralised finance (DeFi) and lending, and Quitriam Finance (QTM) on blockchain scalability.

VeChain (VET)

VeChain (VET) is a blockchain platform designed to improve supply chain management.

The VeChain blockchain allows customers to acquire information about the legitimacy and quality of products purchased on VET platforms.

The VET platform eliminates the requirement for trust between participants in the traditional supply chain and replaces it with automated operations. This improves supply chain security and efficiency.

VET’s smart contracts also automate certain transactions, lowering supply chain friction time. VeChain, unlike other supply chain crypto projects, focuses solely on supply chain optimization and data tracking, making VET more competitive.

VET appears to be a very scalable concept with great promise, especially as supply networks get more complex and global. VeChain resorts to the Proof-of-Authority consensus process rather than the more common Proof-of-Work or Proof-of-Stake consensus procedures.

The recent price reduction in VET coin suggests a great opportunity for long-term investors!

Aave (AAVE)

Aave (AAVE) is a DeFi platform that wants to make it easier for people to access loans by taking advantage of cryptocurrencies’ decentralised nature.

Aave allows you to either pool your crypto assets together and lend them to other people, or you can borrow cryptocurrency by depositing a collateral that changes depending on which cryptocurrency you are depositing. All of these services can be used in just a few minutes and through simple steps.

Therefore, Aave’s platform makes it easy for people all over the world to get money, without having to go through credit checks or long bureaucratic processes. This is a major opportunity for populations living in countries with unstable currencies like Turkey or Russia.

Aave remains a best-in-breed project in the emerging DeFi field, with a platform that is extremely easy to use, even for crypto-beginners. As more and more people use DeFi applications, AAVE looks like a fantastic long-term investment.

Quitriam Finance (QTM)

The last project in our spotlight is the new Quitriam Finance (QTM). Quitriam Finance is currently going through its presale round before its token (QTM) starts trading on the open market.

Quitriam Finance is building a fun ecosystem with mines, furnaces, and forges where users can mine Mithril and use it to make valuable NFTs and in-ecosystem items that can be traded for the ecosystem’s token, QTM and real money.

Quitriam Finance will launch its own DEX, Quitriam Swap, and issue a native US-pegged stablecoin. On top of being a store of value for anyone who wants to exchange their ecosystem earnings for cash, this stablecoin will also be a governance token that will give its owners a say in important decisions about the project’s development.

Another project in that field is Calyx (CLX), which, like Quitriam Finance, is developing a DEX called Calyx Swap. Similar to Quitriam Finance’s, this DEX is meant to provide users with the fastest transaction speeds and the lowest gas fees in the industry.

New projects are launched every day in the DeFi space, how can you not be excited about the future of this field?

Learn more about Quitriam Finance

Website: https://quitriam.io/ 

Presale: http://presale.quitriam.io/ 

Learn more about Calyx

Website: https://calyxtoken.io/

Presale: http://presale.calyxtoken.io/

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