A series of world events and economic situations like – inflation, stagflation, hyperinflation, and many more have shaped the crypto space over time. However, the volatility of some of the decentralized market’s popular coins, like Bitcoin (BTC), brought the need for the birth of Decentralized Finance. Logarithmic Finance (LOG) is the next-generation decentralized finance and swapping protocol ecosystem and the new crypto will help tackle this irregularity.
Cryptocurrency is the umbrella term for all digital financial transactions and blockchain projects. With decades of history of evolution and innovation at its heart, this industry has exploded into a trillion-dollar industry today.
Logarithmic Finance is a DeFi and swapping protocol that would ensure seamless and stressless connectivity and interaction, between early-stage innovators and investors. However, its instinctual and Web 3.0 technology, would uncoil the true potential of what Decentralized Finance has to offer. It will also help innovators launch projects and raise funds, attracting top-notch investors.
TRON (TRX) is a decentralized system with the main goal of providing full ownership rights for content creators, by encouraging them with more rewards. TRX also supports smart contracts and various blockchain systems. Transactions in the TRON network are made public with a public ledger, where users can track the history of operations.
The Logarithmic Finance platform is for innovators as much as it is for investors as well. Since the LOG’s interface is innovator-friendly, investors can leverage the large pool of ideas and cherry-pick. Also, LOG does not have limitations as far as cross-chain movement is concerned.
How is Logarithmic Finance Revolutionary?
THORChain (RUNE) is a decentralized liquidity protocol that gives its users full control of their assets even during an exchange. As a result, crypto-assets exchange on this protocol is done with ease and speed. Also, the swapping protocol on this platform is permissionless and secure.
With DeFi representing a great opportunity for digital growth over the coming years, it opens up investment opportunities in a professional framework. LOG is here to help its users maximise this DeFi opportunity alongside its swapping protocol.
Logarithmic Finance (LOG) helps fill the gap where other Decentralized exchange protocols have failed. Problems like – lack of fund security, high listing cost, and low budget for innovators have been the stunted reason for the growth in the decentralized exchange world. However, LOG has identified these problems and developed a central solution – providing liquidity pooling options.
Logarithmic Finance’s technology is safe, scalable, and cost-effective. With its advanced functionalities, this ecosystem will help immerse innovators and liquidity providers into the true wonders of Decentralized Finance. Also, the development team of Logarithmic Finance has designed a strong code architecture, that follows a minimalist approach.
LOG’s ecosystem also helps in enabling the optimisation of deployed resources. These amazing features help to build balanced and reduced gas fees for its users. The reduced gas fee has made the swapping protocol seamless and efficient.
LOG will introduce NFT auction functionality for its users as well and subsequently, Non-Fungible Tokens will be swapped in exchange for different stable coins.
Logarithmic Finance is expanding to various networks like – Binance Smart Chain, Polygon, Avalanche, Tezos, Solana, and Ethereum. This new crypto is seeking to expand even beyond these platforms. As it has great features and has gained a lot of popularity, even though it is still in its presale stage, it might be unwise not to join this crypto today!
Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing
Source: https://www.thecoinrepublic.com/2022/06/19/logarithmic-finance-log-will-revolutionise-the-decentralized-finance-blockchain-with-features-to-rival-tron-trx-and-thorchain-rune/