Avalanche (AVAX), which launched in 2020, is a blockchain platform that supports smart contracts. Avalanche’s mission is to provide a scalable blockchain solution while retaining decentralisation and security, emphasising low costs, rapid transaction speeds, and ecological sustainability. Quitriam news…
Avalanche was purposefully intended for scalability. As a result, avalanche’s transaction timings are comparable to top-tier payment processors such as PayPal and VISA.
Additionally, Avalanche, which many see as a rival to Ethereum (ETH), outperforms Ethereum in terms of gas fees. This is because avalanche’s fees are much less expensive than Ethereum’s.
Avalanche is powered by the native token AVAX, which is utilised for staking, governance, and payment services.
AVAX was launched at $0.5 during its initial coin offering (ICO) and hit an all-time high of $146.22 on 21 November 2021, yielding approximately 29,144% gains for early investors. At the time of writing, the AVAX token is worth $77.08.
Polygon (MATIC), originally known as the Matic Network, is a scalability platform that seeks to give several tools for increasing transaction speed, lowering transaction costs, and simplifying transaction complexity on blockchain networks.
Polygon advertises itself as a layer-2 network, which means it operates as an add-on layer to Ethereum that does not intend to alter the underlying blockchain.
Polygon aims to aid Ethereum’s growth in terms of scale, privacy, performance, and utility and encourage developers to bring more tempting products to market faster.
MATIC is the Polygon Network’s native coin. It is utilised as the unit of payment and settlement amongst network members.
MATIC traded at $0.00263 during its initial coin offering (ICO) and reached an all-time high of $2.92 on 27 December 2021, equating to over 1,10,927% gains. The MATIC token is currently worth $1.42.
Quitriam Finance (QTM): The Next Game-Changing Token?
Quitriam Finance (QTM) is now in its presale phase and may generate significant returns once it begins trading on exchanges.
Quitriam Finance is a launchpad for non-fungible tokens (NFTs), a multi-chain automated market maker exchange, an incubator, and a yield farming platform.
According to its white paper, it is a cryptocurrency exchange that aims to resolve the issues associated with order-matching centralised exchanges and trustless custody within existing decentralised exchanges through advanced machine learning and neural network algorithms.
QTM holders will be able to access liquidity mining services through a one-click interface, with the exchange handling everything in the background.
What Makes Quitrium Finance Unique?
Decentralised finance (DeFi) was created to guarantee that retail consumers have simple financial assistance but concentrated in the hands of a few prominent players that wield undue influence. QTM protocol, with its ground-breaking technology, intends to alter this and empower every investor.
Quitriam Finance’s mission is to eliminate the bottlenecks in the decentralised exchange (DEX) market. At the moment, most decentralised exchanges impose enormous withdrawal costs for liquidity pool tokens, with users not receiving an entire portion of the fees.
Quitriam Finance’s decentralised exchange will enable quick swaps across multiple blockchain networks due to its compatibility with many other chains. The Polygon network will handle the almost ‘fee-less’ transactions.
Moreover, since Quitriam Finance is a multichain network, it solves the issue that other Ethereum-based DEXs face. Users will be able to exchange tokens at a rate greater than 50,000 transactions per second for a fee of less than $0.00001 per transaction, enabling efficient and quick transactions.
Presales are an excellent method to participate in the launch of new and successful cryptocurrencies. There are several benefits to investing in Quitrium Finance early on.
To mention a few, investing funds in presale entails purchasing QTM at a reduced cost, allowing you to purchase more (and gain much more from them).
Additionally, you’ll have unique access to incentives and free airdrops and be able to trade QTM tokens on trading platforms before its widespread adoption.
QTM is currently available at a low price and has the potential to grow 50x or 100x in value since it is built on a compelling use case, and it may very well replicate the success of Avalanche and Polygon.