By Guest Writer • 02 June 2023 • 8:30
The crypto world is currently going through a churn, and tokens with utility have performed stronger than ones that don’t. DeFi is an important factor in tokens having utility, and Ethereum (ETH) leads the crypto world in DeFi integration by a mile. Ethereum’s lead in DeFi has spurred a race from other networks to match it or even overtake it.
Avalanche (AVAX) is a project that aims to give Ethereum a run for its money by providing a highly scalable ecosystem for DeFi. Highly promising DeFi blockchains can also be seen in the presale, as the example of Big Eyes Coin (BIG) can attest. It is the age of DeFi, and competition is heating up.
Ethereum has the largest ecosystem and the largest developer community in the crypto world. The network is also the largest provider of layer 1 solutions to tens of thousands of new crypto projects. The network’s large developer community ensures the network is always on the cutting edge of innovation with its regular update cycle. The network has recently completed its Shanghai update, which made it a full-staking network.
So, it is wise to assume that it will be Ethereum that will lead the worldwide adoption of crypto. Ethereum has many strengths to power its rise to the top of the crypto world. The network’s use of proof of stake consensus mechanism has brought down high energy costs and hardware requirements for validation. Ethereum is rated as the best integrated to DeFi with its advanced smart contracts offering more capability than any rival. The network can also bank on its high scalability, decentralisation, and top-notch security to continue its lead as the best DeFi blockchain.
Avalanche is one of Ethereum’s most popular rivals and aims to unseat Ethereum as the preferred network for DeFi. The network aims to achieve supremacy over Ethereum by having a higher throughput of 6500 transactions per second without compromising scalability.
The network’s blockchain achieves high scalability with its multilayered blockchain. The blockchain is divided into three chains that perform different functions, thus enabling the efficient processing of transactions. The network’s ecosystem has significantly ramped up its capability to host dApps and DeFi projects since 2020. The network also allows for interoperability between Ethereum-based products like Sushiswap and TrueUSD, aimed at driving AVAX’s adoption rates as it chases Ethereum in the battle for DeFi supremacy.
Big Eyes has caught the attention of the crypto market with its hugely successful presale. The presale saw investment worth more than $45 million pour into the project. Ethereumstment figures eclipse all recent presale records and underlined investor confidence behind the project. The Big Eyes team ran a highly engaging presale with exciting competitions, loot box giveaways, and charity donations. Big Eyes is ready to wind down its presale on June 3rd and, as a parting gift, has made $BIG available for their stage 3 price.
As part of its big push to DeFi integration, Big Eyes Coin will launch the Big Eyes Casino on August 29th. The casino will have over 4000 titles and will be a great revenue generator for the Big Eyes community. The casino has the potential to make Big Eyes a major player in the play-to-earn space. Big Eyes has also outlined plans to create DeFi projects and dApps in its ecosystem to give it an edge over its peers.
The future of the world’s financial system is decentralised, and it will have crypto at its centre. Ethereum will have a huge lead in the race for DeFi supremacy, but it will not be a one-horse race, with the likes of Avalanche giving it stiff competition. Big Eyes’ potential in DeFi and the strength of its ecosystem will make it a great pick among the best DeFi blockchains. As the Big Eyes presale is soon winding up, the rush to get $BIG echoes the sentiment – Buy or Cry!
Big Eyes Coin (BIG)
Telegram: Telegram: Contact @BIGEYESOFFICIAL
WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
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