Here’s why you should go for logarithmic finance (LOG) if you’ve already missed Polygon (MATIC) or Polkadot (DOT).
As the crypto market evolves, different types of crypto projects are launched every now and then. This led to many novel concepts in the crypto world, such as Metaverse, NFTs, Web 3.0, DeFi, and what not. The crypto projects working on the mentioned concepts are considered very prominent in the crypto market and their value keeps increasing over time.
Some of the most popular projects in the Metaverse category are Decentraland (MANA), The Sandbox (SAND), Bloktopia (BLOK), etc. Likewise, some projects serve as Layer 1 and Layer 2 solutions on Ethereum. These cryptocurrencies are also known as Ethereum killers. These include Polygon (MATIC)sunshine (SUN), Polka Dot (POINT)Cardano (ADA) and others.
As mentioned, these projects have a very good value in the crypto market and rank in the top 20 cryptocurrencies based on their market capitalization. Many early investors have made huge profits by investing in these cryptocurrencies at the right time.
But many couldn’t catch up and unfortunately missed those gold mines. A new crypto project is working for them in the Web 3.0 and DeFi category, which is in pre-sale and will start soon. The project name is Logarithmic finance (LOG). Let’s dive deeper to learn what is unique about this project and how it can benefit an early investor.
What is Logarithmic Finance (LOG)?
Logarithmic finance (LOG) is a decentralized crypto project (and app) that aspires to become the next generation decentralized finance (DeFi) and exchange protocol operating under the Web 3.0 category. The project aims to provide seamless connectivity and interaction between early risers and blockchain innovators. The project is therefore working to act as a bridge between blockchain product innovators and blockchain early investors. This will help both parties at the same time; here is how.
Blockchain innovators will launch their products on the Logarithmic Finance (LOG) blockchain and attract investors to raise funds for those products. On the other hand, the investors get the opportunity to invest early in new and novel projects and seize the opportunities to earn impressive returns on their investments.
DeFi and logarithmic finance (LOG)
DeFi has incredible market potential with a Total Value Locked (TVL) of more than $100 billion as of 2021. Based on its trend and people’s interest, DeFi is expected to grow exponentially in the coming years. Thus, all crypto projects that have solid foundations and exciting future goals will see a remarkable rise and work under the decentralized finance (DeFi) umbrella. The real-world use cases of the platform and investment opportunities for both the masses and large institutions make it a concept with enormous potential.
Unlike the conventional financial system (which is being taken over by the banking sector), the innovation of decentralized finance (DeFi) is completely transparent, secure and unique. Apps based on such an ecosystem are subject to the following rules:
- Open and accessible to everyone
- Interoperable and programmable
Now here’s how Logarithmic finance (LOG) benefits from this phenomenon. According to the team, the DeFi ecosystem offers a long-term business opportunity for LOG as a Layer 3 swapping protocol. Many existing swapping protocols combat the following two problems:
- Poorly written smart contracts
- Lack of user-friendly interface
On the other hand, LOG has a unique, interactive and user-friendly interface. Even the token’s website says it all.
ecosystem of LOG
While the other projects in the DeFi Ecosystems are criticized when they conduct their ICO (Initial Coin Offering) and IEO (Initial Exchange Offering) to raise funds early investorsThe LOG platform differs from such fundraising models, which have the following:
- lack of money security
- High listing costs
- Low-Budget Innovators
This helps both the early-stage investors and the high-budget innovators to get eased in the long run.
The LOG ecosystem will have two pooling options for product innovators and early-stage investors. Innovators can access Direct Access Pools (DAP) and Time Freeze Pools (TFP) in pool types. In the pool statuses, the early risers can access statuses such as available, pending, not for sale, completed and resolved. Based on these pooling concepts, the LOG ecosystem will move the auction and liquidity tokens to recipients’ wallets. The ecosystem will be cost-effective, efficient and scalable for both parties. LOG will serve as the governance and utility token for the ecosystem and is currently in presale.
For more information on logarithmic financing (LOG), see:
Pre sales: https://presale.logarithmic.finance/register
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