The Cryptos News | Daily Bitcoin News
  • Home
  • News
  • Market Cap
  • Top Cryptos
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
    • Cardano (ADA)
    • Solana (SOL)
    • Tether (USDT)
    • XRP (XRP)
    • Polkadot (DOT)
    • Dogecoin (DOGE)
    • USD Coin (USDC)
  • Prices
  • Wallet
  • Crash
  • Investment
  • Exchange
  • Mining
  • Trading
  • Home
  • News
  • Market Cap
  • Top Cryptos
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
    • Cardano (ADA)
    • Solana (SOL)
    • Tether (USDT)
    • XRP (XRP)
    • Polkadot (DOT)
    • Dogecoin (DOGE)
    • USD Coin (USDC)
  • Prices
  • Wallet
  • Crash
  • Investment
  • Exchange
  • Mining
  • Trading
The Cryptos News | Daily Bitcoin News
No Result
View All Result
Home Top Cryptos Tether (USDT)

GNOX Could Make You Bear Market Profits, Instead of Others!

GNOX Could Make You Bear Market Profits, Instead of Others!
Share on FacebookShare on Twitter


Is investing in dollar-pegged passive income opportunities risky? While it wouldn’t seem so, ask that question to anyone who lost millions of dollars when UST crumbled — and then run. The sad fact is that you never know how much risk you’re taking on when it comes to crypto, and any platform could go bust at any moment, leaving you holding an empty bag.

Whether you choose to stake your claim in popular stablecoins such as Tether’s USDT, Circle’s USDC, or Binance’s BUSD, you’re taking on some risk. No amount of risk is worth betting all your marbles on one toss. 

Sure, you could spread your investments across all three of those stablecoins. However, identifying and analyzing passive income opportunities takes time. And even after spending tons of time, you still might not be getting the best possible results. 

What if you could invest your crypto across a wide array of passive income opportunities across several DeFi platforms on blockchains? That would greatly reduce the risk. But who has time for that? Thanks to a new DeFi platform called Gnox, everyone has time for that.

Gnox Offers Yield Farming as a Service

Gnox offers what they call “yield farming as a service”. In essence, all crypto investors must do to diversify and maximize their passive income is buy and hold GNOX tokens, and all the rest of the work is done for them. 

The developers of the GNOX token have developed a sophisticated tool that gathers data on passive income opportunities from across the crypto sphere. A team of experienced DeFi analysts uses that data to find the most rewarding opportunities. Those options are then run by holders of the token to decide which are worthy investments.

GNOX can be thought of as a type of crowdfunding/crowdsource platform. Unlike most DeFi platforms with winners and losers, GNOX holders all share the same rewards.

Each time someone buys or sells GNOX on the open market, the contract automatically rakes 10% of the transaction into a common treasury used to invest. (Don’t worry, you get that back over time.) This accomplishes a few things. First, it assures that the treasury is constantly growing. Second, it discourages short-term trading, and third, it encourages hodling.

The majority of the rake is added to the treasury. Profits from the treasury are used to buy back and burn GNOX tokens, which means the asset has coveted deflationary tokenomics. Also, a portion is also airdropped back to holders for guaranteed passive income. 

GNOX ICO Runs Until August 12

Gnox is currently in presale mode, with the platform officially launching in mid-August. A portion of the presale tokens is being burned each month. Then, upon launch, all unsold tokens will be burned, and no additional tokens will be minted. 

This strategy not only assures a fair launch but also assures that the earlier one adopts some GNOX tokens, the more substantial the increase in the value of their tokens will be upon launch. 

Why would anyone want to dabble with stablecoins? You have to do all that research and babysit several investments to get the best results. Instead, you can simply buy and hold a GNOX token and enjoy lower risk and higher returns.

Learn More About Gnox:-

Join 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/





Read More:GNOX Could Make You Bear Market Profits, Instead of Others!

Tags: BearGnoxMarketProfits
Previous Post

Bitcoin Nears USD 20K, Ethereum Keeps Trimming Weekly Gains, Most Altcoins in Red

Next Post

Chainlink (LINK) Is Now Listed On Robinhood By CoinQuora

Related Posts

Here’s What’s Next for Bitcoin (BTC), Ethereum (ETH) and One Altcoin That Over Exploded

Here’s What’s Next for Bitcoin (BTC), Ethereum (ETH) and One Altcoin That Over Exploded

by The Cryptos News
July 30, 2022
0

A widely followed trader is exploring the near-term outlook of the two largest-crypto assets and one altcoin that has...

This is how the crypto market, especially BTC and ETH, reacted amid latest Fed hike

This is how the crypto market, especially BTC and ETH, reacted amid latest Fed hike

by The Cryptos News
July 30, 2022
0

The Federal Reserve increased the interest rate by a further 0.75% and the crypto markets responded bizarrely. The U.S....

How to Buy Polkadot Coin | Cryptopolitan

How to Buy Polkadot Coin | Cryptopolitan

by The Cryptos News
July 30, 2022
0

Polkadot is one of the top 20 cryptocurrencies by market capitalization, and it has been gaining in popularity lately.DOT...

Mehracki Token (MKI), Binance Coin (BNB), and Cardano (ADA) – Cryptocurrencies Poised To

Mehracki Token (MKI), Binance Coin (BNB), and Cardano (ADA) – Cryptocurrencies Poised To

by The Cryptos News
July 30, 2022
0

The world of cryptocurrencies is becoming ever more popular, and the speed at which people begin trading grows more...

Next Post

Chainlink (LINK) Is Now Listed On Robinhood By CoinQuora

Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Trending News

Payperless Crypto Wallet announced working on NFT tokens support

Payperless Crypto Wallet announced working on NFT tokens support

June 25, 2022
June’s Red-Hot Inflation Report Rattled Bitcoin and Ethereum Prices. What That Means for

June’s Red-Hot Inflation Report Rattled Bitcoin and Ethereum Prices. What That Means for

July 14, 2022
Ripple’s Counsel Urges US Lawmakers to Urgently Pass ‘Sensible’ Crypto Legislation Amid

Ripple’s Counsel Urges US Lawmakers to Urgently Pass ‘Sensible’ Crypto Legislation Amid

July 30, 2022
ADVERTISEMENT

Investment

Buying Bitcoin on the Dip? 3 Things the Smartest Investors Know About Crypto | The Motley

Buying Bitcoin on the Dip? 3 Things the Smartest Investors Know About Crypto | The Motley

July 30, 2022
Study up and become a more informed crypto investor with this bundle

Study up and become a more informed crypto investor with this bundle

July 30, 2022
Crypto Exchange KuCoin Launches NFT ETFs By Benzinga

Crypto Exchange KuCoin Launches NFT ETFs By Benzinga

July 30, 2022
Is It Right Time To Invest In Crypto Market? Crypto Expert Shares Bullish Indicator

Is It Right Time To Invest In Crypto Market? Crypto Expert Shares Bullish Indicator

July 29, 2022
$ETH-Based Investment Products Leading Bounce-Back in July, Says CryptoCompare Research

$ETH-Based Investment Products Leading Bounce-Back in July, Says CryptoCompare Research

July 29, 2022

Prices

Latest Report Shows Cryptojacking Increased By 30% During The Crypto Slump

Latest Report Shows Cryptojacking Increased By 30% During The Crypto Slump

July 30, 2022
Tron price prediction as Unifi Protocol TVL explodes

Tron price prediction as Unifi Protocol TVL explodes

July 30, 2022
Bitcoin and Ethereum Prices Are As High As They’ve Been Since June Crypto Crash, But

Bitcoin and Ethereum Prices Are As High As They’ve Been Since June Crypto Crash, But

July 30, 2022

Crypto Flipsider News – Crypto Market Rally; Nirvana (NIRV) Exploited; Vasil Delayed;

July 29, 2022

Trading

CoinFLEX: Amid liquidity crisis, the cryptocurrency exchange had this to say

CoinFLEX: Amid liquidity crisis, the cryptocurrency exchange had this to say

July 30, 2022
SEC Chairman Publishes Video Outlining Plan to Regulate Crypto Trading Platforms –

SEC Chairman Publishes Video Outlining Plan to Regulate Crypto Trading Platforms –

July 30, 2022
Analysis | Why the Crypto World Flinches When the SEC Calls Coins Securities

Analysis | Why the Crypto World Flinches When the SEC Calls Coins Securities

July 29, 2022
FTX wins full approval to operate crypto exchange in Dubai

FTX wins full approval to operate crypto exchange in Dubai

July 29, 2022
Crypto exchange Zipmex files for bankruptcy protection in Singapore

Crypto exchange Zipmex files for bankruptcy protection in Singapore

July 29, 2022
  • About Us
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • DMCA

© 2021 Thecryptosnews.com

No Result
View All Result
  • Home
  • News
  • Market Cap
  • Top Cryptos
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
    • Cardano (ADA)
    • Solana (SOL)
    • Tether (USDT)
    • XRP (XRP)
    • Polkadot (DOT)
    • Dogecoin (DOGE)
    • USD Coin (USDC)
  • Prices
  • Wallet
  • Crash
  • Investment
  • Exchange
  • Mining
  • Trading

© 2021 Thecryptosnews.com

wpDiscuz