In-Depth Look at August’s Best Crypto Hits: Gnox (GNOX), PancakeSwap (CAKE), and Quick Swap (QUICK)

The dog days of summer are upon us and most crypto investors’ minds are on beaches, mountains and lakes, not buried in crypto exchanges and news sources. That’s why we’re making this post about building your personal Fortress GNOX both FAST and as easy to digest as PIE. (I’m sorry for that.)

Here are three DeFi tokens you might want to throw some money at before embarking on your summer adventure. All three have the potential for some nice gains and an opportunity to earn passive income from your wealth.

Gnox (GNOX)

Gnox is the get it and forget it cryptocurrency. They offer something called “yield farming as a service.” Yield farming is the practice of using crypto assets in credit and liquidity pools in exchange for passive income.

Gnox makes investing in crypto super easy. Simply buy and hold the GNOX token and you own shares of a diversified portfolio of cryptocurrencies that provide passive income.

While most tokens have complex “tokenomics” that dictate how many tokens are minted, when, and why, GNOX is simple. Once the token goes public, no more tokens will ever be minted. In fact, GNOX is deflationary. GNOX buys from crypto exchanges on a monthly basis and then burns itself. So the supply is shrinking forever. This also drives up the spot price.

Additionally, 1% of all GNOX sales are returned to owners every hour. So you can watch your stack grow while sitting somewhere on the beach. No more daily grinding on DeFi platforms.

These two features will benefit the first adopters of the GNOX token the most, so get in early and get in often. If it’s not sold out yet, you can purchase the GNOX token at a discount before it becomes available on public exchanges by visiting the Gnox.io website. The platform officially launches on August 18th, which is when GNOX goes public.

Opportunity GNOX but once.

PancakeSwap (cake)

PancakeSwap is a popular decentralized crypto exchange (DEX). The platform allows users to trade cryptocurrencies with other users and it also offers yield farming opportunities. Investors can invest in and use a variety of cryptocurrencies. In return, they earn a percentage of transaction fees from swaps. Investors who deposit funds into PancakeSwap for liquidity receive various tokens in return. These include CAKE, SYRUP and FLIP. Crypto traders are eating up this stuff. (Excuse me once more.)

PancakeSwap recently completed another token burn. Almost 7 million tokens worth about $23 million were shoveled into the furnace. The CAKE token has gained about 50% in the past few weeks alone and is now trading at just under $4.00. Once we find the bottom of this bear market, CAKE has a chance to earn a 4x return on investment if it can match its former glory price of $20.60.

QuickSwap (FAST)

QuickSwap is the largest decentralized exchange on Polygon. DEX recently entered into a collaborative partnership with CelsiusX, the DeFi arm of Celsius banking and financial services, to bring more users — and investors — to DeFi.

CelciusX allows creating wrapped versions of popular cryptocurrencies like Cardano (ADA) and Dogecoin (DOGE) for trading on the Polygon (MATIC) network. CelciusX brings well-funded liquidity pools to Quickswap.

QUICK is a very volatile cryptocurrency. Shortly after announcing the partnership with CelsiusX, it surged 50%. The price is currently around $86. If the token makes it back to its all-time high, it will bring a 1,000% return on investment if you get in FAST.

Learn more about Gnox:

Join the presale: https://presale.gnox.io/register
Website: https://gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
Instagram: https://www.instagram.com/gnox.io/

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