Published
1 year ago on
June 30, 2022
Finding the right asset to invest in in the cryptocurrency world can be very tricky if you have not got masses of knowledge. It is important to understand that the crypto market has been affected due to inflation in the same way the world economy has. However, there are thousands of cryptocurrencies on the market, with many more launching daily. A new token that hit the market recently you should consider is Logarithmic Finance. A coin for both investors and innovators has hit the market to revolutionise the crypto world.
Where Is Logarithmic Finance At After Its Launch?
If you are new to the crypto world or unfamiliar with LOG, Logarithmic Finance is a next-generation swapping protocol for early-stage innovators and investors. Its decentralised finance offers seamless connectivity and interaction unwinding the true potential of DeFi.
The developers have strengthened and completely decentralised the liquidity auctions and fundraising by facilitating the cross-chain movement of tokens between heterogeneous blockchain networks while establishing interoperability. LOG is an ERC-20 token currently integrated on the Ethereum blockchain with its roadman showcasing its plan to incorporate networks such as Solana (SOL), Tezos(XTZ), Avalanche (AVAX), Polygon (MATIC) and BinanceSmart Chain (BNB).
Its layer-III swapping protocol offers a secure, non-custodial and cross-chain environment with many opportunities to raise funds on any of the blockchains mentioned above. The homographic encryption eradicates the need to decrypt data packets while the computing process plays behind the scenes.
Feedback is constantly collected from on-chain data to help the engineering and UI/UX team implement the changes needed to make your experience as efficient as possible. To expand the scope of innovators and investors LOGimplements cross-chain and multi-chain integration
What’s so desirable about LOG is the fact it's looking to achieve 80% reduced gas fees with its robust code architecture by following a minimalistic approach, ensuring only important data is recorded on the blockchain.
As NFTs have become extremely popular in the past few years, Logarithmic Finance operates the NFT Swap feature where LOG token holders are offered exclusive NFT auction functionality.
LOG’s roadmap is looking very promising, with liquid staking, integration of the ERC721 token standard and LogDAO being on the cards.
After its launch, the coin saw a 45% increase. You can buy LOG on Uniswap or on the Ethereum (ETH) blockchain.
