Logarithmic Finance (LOG) leading the charge in the world of Defi.
As it stands the height of cryptocurrency is Defi, which has just recently been introduced to humans. Defi is said to be the new replacement for the traditional system of banking and the truth is, it is. Carrying out huge payments without borders by using blockchain as well as bypassing gatekeepers, Defi has gone from being a crypto term to a genuine competitor for real financial banking.
The fact that Defi works with secure distributed ledgers that are similar to the kind used by major cryptos, means it can easily skip the involvement of central banks and major institutions that would originally act as third-party in the traditional banking system. Most of the old guards for Defi include Fantom (FTM) and Ripple (XRP) but newcomers like Logarithmic Finance (LOG) are looking to take the charge.
Ripple (XRP) has been in the world of crypto since 2013 and has been able to use that as an advantage to get an upper hand over others. It was able to quickly rise through the ranks and make it to the top 10 cryptos in the world. Ripple (XRP) has made so many huge gains since then even though it's still having legal issues now and then. The recent one came in 2021 when its organisation was locked in a legal statement which went on to make the coins' value stagnant over long periods.
At $0.75 per coin, Fantom (FTM) is one of DeFi's hottest tokens even though it's not in the top 10 of major cryptos. Fantom (FTM) is able to utilise the Proof-of-stake validation method. Many have said that Fantom (FTM) will become the best replacement for crypto king Ethereum (ETH). Fantom (FTM) hasn't exactly been able to measure up to this goal even though it has been around for a while now. Fantom (FTM) is a scalable, usable token that has become a major game player in the crypto world. It's well established in the market.
Logarithmic Finance (LOG)
Logarithmic Finance (LOG) is a new crypto just entering the market. As a layer-3 protocol, it aims to enhance the movement of financial assets with great ease across several borders and blockchains. Logarithmic Finance (LOG) looks set to operate a multichain as well as a cross-chain system which will let financial assets be moved across different blockchains including Ethereum (ETH), Polygon (MATIC), Solana (SOL), etc.
With this great use case that Logarithmic Finance (LOG) is trying to implement, it is definitely going to end up at the forefront of Defi in a matter of months. Certik is currently reviewing Logarithmic Finance (LOG) code as it's in the works.
Logarithmic Finance (LOG) aims to remain interoperable, with a goal that is aimed at boosting its tokens value to compete with the big boys
Its pre launch phase saw a lot of mass adoption and this is a sign of encouragement for many, who believe the coin will soar when it finally goes public. Its appeal, use case as well as access will draw many to it without thinking twice. Logarithmic Finance (LOG) is clearly ready to fix everything that Fantom (FTM) hasn't been able to fix.
Buying Logarithmic Finance (LOG) now at its presale price of $0.10 is a steal when you consider all it has to offer. One certain thing is, this coin's price will never be cheaper than what it is right now. If everything goes as planned, it will moon immensely, before the year runs out.
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