The Bitcoin ETF space has been buzzing with new announcements every other day. Recently, international asset management firm Franklin Templeton also applied for a spot ETF.
In the past, asset management firms like Black Rock and Fidelity also filed applications for spot Bitcoin ETFs. Pando Asset has become the 13th entity to stake a claim in the Bitcoin ETF space.
The crypto market is currently printing green candles after analysts’ bullish predictions for Aave (AAVE) and InQubeta (QUBE). Experts who have been monitoring these coins believe they have the potential to grow by 1,400% in the coming months.
InQubeta is a newly launched crypto project that has been created for startups working with artificial intelligence and are looking to raise funds. Its model is built on features that promise self-reliance via DeFi solutions.
Currently, at the top of several analysts’ best cryptocurrency ICO lists, InQubeta’s presale funding recently crossed $5.9 million.
InQubeta: A versatile cryptocurrency for AI startups
InQubeta is a platform for AI startups to look for like-minded investors and chart their own growth journey. While helping startups, the platform also assists regular crypto users in becoming investors and creating wealth.
The AI projects floated on InQubeta are created by some of the brightest startups from across the world. By backing, investors get to be a part of an AI revolution and stay ahead of their competitors.
Its native cryptocurrency is the QUBE token and it is the medium of exchange within the InQubeta ecosystem. The huge presale growth has made it one of the best cryptocurrencies to buy in 2023.
InQubeta’s rise as a top altcoin has also been due to the versatile nature of its native token. The QUBE token gives you more than one way of enhancing your passive earnings, be it through market returns or staking rewards.
InQubeta’s staking service is a convenient way of letting your assets work for you. In staking, token holders stake their cryptocurrencies to support a network’s growth and earn rewards.
The longer the staking duration, the more attractive the remuneration will be. There’s a rewards pool maintained specifically for giving out staking rewards that are funded by tax proceeds.
InQubeta has a governance structure where the community is the king. All key decisions are taken by stakeholders through a transparent process. Token holders are required to use their voting privileges responsibly and ensure that the proposed changes complement the platform’s growth.
If community members have a few changes in mind that could benefit the platform, they can propose them to others. The proposals are put up for discussion and then to a vote.
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Aave awards seven new grants
Aave is a decentralized liquidity protocol that allows users to easily lend and borrow crypto assets. Its native token is represented by the symbol AAVE and it’s used for all transactional purposes on the network.
In the non-custodial protocol, one can participate as a supplier of liquidity or as a borrower. Suppliers earn interest by offering their assets. Borrowers can get funds on Aave in terms of undercollateralized or over-collateralization of assets.
The platform also offers flash loans to developers. The facility is only available for developers as they have the technical knowledge needed to execute the loan.
The instant facility allows a developer to borrow without submitting collateral. The only restriction imposed is that the liquidity is returned to the platform within a block transaction. Developers can also find an array of tools for building dApps on the Aave platform which has multi-chain capabilities.
Aave recently announced seven grants as part of its accelerator program. The grants were awarded between September and October this year to teams that have demonstrated the potential to create cutting-edge solutions with Aave.
Rated as altcoins to watch out for, Polynomial Protocol, Wasabi Protocol, Alcor Protocol, Clique, Ambos Finance, Aeris Protocol, and Flair were the seven platforms that bagged the grants.
Conclusion
Creating a good crypto portfolio can be a tiring job but with InQubeta and Aave you won’t have to be constantly wondering about what cryptos to buy now.
These tokens represent the potential of decentralized finance to empower the masses. The unique use cases powering these tokens have enabled these platforms to emerge as popular ecosystems.
These two tokens can help crypto users unlock new gains for their portfolios and have the potential to yield long-term returns.
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Source: https://www.analyticsinsight.net/bitcoin-etf-competition-intensifies-with-13th-entry-aave-and-inqubeta-prepare-for-1400-growth/