Over the years, there has been a constant evolution in the cryptocurrency market. Many cryptocurrencies are being created, and some are revolutionizing the crypto space. A good example is Immunicorn Finance (IMU).
Immunicorn Finance (IMU) is a new cryptocurrency aiming to provide a secure digital environment for users to perform transactions. It is built on the Binance Smart Chain and will integrate minting and staking into its system.
Although Avalanche (AVAX) is already setting high standards by being the fastest platform for smart contracts, Immunicorn Finance might reach for the stars soon enough. It could also raise the bar just like Uniswap (UNI), the largest and most popular decentralized exchange (DEX) operating on the Ethereum (ETH) blockchain.
In this article, we will see reasons for thinking that Immunicorn Finance (IMU) might be as remarkable as Avalanche (AVAX) and Uniswap (UNI).
How Avalanche Is Performing?
Following its launch in 2020, Avalanche (AVAX) has witnessed great success due to its unique features. Avalanche is a decentralized, open, programmable, and seemingly the fastest platform for smart contracts and decentralized applications. It is blazingly fast and eco-friendly, and transactions are performed at a very low cost.
With its three blockchains operating under one layer protocol, there is a significant increase in the number of transactions it can perform simultaneously. This one-layer protocol which has been its ladder to achieving a high standard, provides maximum security for users’ digital assets.
It can also achieve time to finality, meaning that a transaction occurs in seconds. With faster transaction time, the cost is relatively low since only a few resources are required.
Avalanche (AVAX) operates on the Proof-of-Stake (PoS) mechanism. With its plan to launch an incentive program that will accelerate the adoption and growth of its novel subnets, Avalanche is bound to raise the bar even higher.
The Success Of Uniswap
Following its launch in 2018, Uniswap (UNI) remains the largest and most known decentralized exchange (DEX) on Ethereum (ETH) blockchain. Its decentralization allows its users to trade crypto anywhere in the world without a central authority or an intermediary.
As of last year, Uniswap has processed more than $10 billion in weekly trading volume. Its native currency or token, UNI, is the fourth largest cryptocurrency by market cap, with a total value of about $18 billion.
Uniswap (UNI) championed the integration of the Automated Market Maker (AMM). AMM allows its users to supply Ethereum tokens to the Uniswap liquidity pool, and the market price is set based on demand and supply. By supplying these tokens, its users can earn rewards while also allowing peer-to-peer trading.
Last year, it launched Uniswap v3 to lower transaction fees. They are also set to launch a layer-2 scaling solution called “Optimism,” enabling Uniswap transactions to be performed at a very low price.
Why Immunicorn Finance Will Set High Standards?
Immunicorn Finance (IMU) is the newest crypto platform set to bring change to the finance sector of cryptocurrency. Taking a part of its name from the world “Immune,” it aims to offer maximum security of digital assets in the ever-risky crypto market.
Its goal is to establish a policy-controlled system in which the crypto world can finally detach itself from the chains of traditional financing. To achieve this, Immunicorn Finance will be highly controlled by DAO.
With its native token, IMU (a BEP20 token), built on the BNB smart chain, there will be a significant increase in the protection of Immunicorn Finance. The BNB Smart Chain will also facilitate fast transactions at a very cheap rate.
Immunicorn Finance (IMU) will be operating on the Proof-of-Stake mechanism. They are incorporating staking and minting to enable their users to earn. Hence, even with the effects of inflation, users can still earn due to the consistency in the price of IMU. Users will also be able to earn while lending their digital assets, and this is possible through interest rates and immunicorn incentives they offer.
On launching, it will release about 50,000,000,000 IMU tokens with about 15,000,000,000 available on presale. It offers many bonuses for its users with whatever token they purchase. If you purchase Immunicorn Finance (IMU) with Ethereum (ETH), you will receive a 10% bonus.
Though Immunicorn Finance (IMU) is yet to launch, it might become a safe habitat for crypto users. It will probably set high standards like Avalanche (AVAX) and Uniswap (UNI). It is community-driven. Hence, an all-inclusive platform that will enable everyone to earn.