Here’s Why Snowfall Protocol Will Gain High Like Klaytn and Swoop Past the Likes of Celsius!

Snowfall Protocol (SNW) is a decentralized finance (DeFi) protocol that is here to stand out, and be on the top among the tokens that have gained and grown this past month exponentially.

It offers excellent services, some of which are ideal for beginners that have started their crypto-investing journey. But how exactly does it compare to Klaytn(KLAY), one of the best trending tokens this month? Does it have what it takes to stand alongside them? Or will it be a lost cause like Celsius (CEL)? Well, that is precisely why we are here to study its potential. So far, it’s looking extremely promising.

Why Snowfall Protocol (SNW) Will Rank Alongside Klaytn (KLAY)

If we look at Klaytn’s (KLAY) growth, it started last Thursday with a multi-game platform, Three Kingdom Multiverse, announcing the release of the Klaytn (KLAY) blockchain. It was a significant update as it marked a series of developments in the blockchain. If you don’t know, Klaytn (KLAY) is the native currency of Klaytn (KLAY). A day later, Everstake, a decentralized staking provider, announced that they are a part of the Klaytn (KLAY) ecosystem. In addition, the stakes get 3x higher APR than validators, provided that they stake Klaytn (KLAY) with Everstake.

However, the most prominent announcement came on Sunday, when Klaytn’s (KLAY) team announced that the governance proposal for the Klaytn (KLAY) block reward would be reduced by one-third. The council passed this proposal on Monday, the effects of which will be evident next month.

Klaytn (KLAY) also announced a buyback, which is a limited spot purchase from centralized exchanges, and the foundation is to burn those purchases during the buyback.

After looking at the string of updates, and the beneficial services provided by Klaytn (KLAY), it is no surprise that people would invest in it and would benefit exceptionally well.

In the same way, Snowfall Protocol (SNW) has identified the market’s current volatility issues and has the potential to carry itself to become the solution for them all. If you are a young investor looking for big profits, investing in a new risk-free token like Snowfall Protocol (SNW) is the best value you can get for your money. Not to mention, the team behind Snowfall Protocol (SNW) is constantly updating the protocol to make it even better.

Why Snowfall Protocol (SNW) Will Not Rank Low Like Celsius

Due to the prices going down in June, Celsius (CEL) witnessed a liquidity crisis and eventually announced that it would be freezing withdrawals due to “extreme market conditions.” This announcement caused the investors to panic and brought a meltdown to Celsius (CEL).

They later on filed for chapter 11 bankruptcy, and are expected to run out of cash anytime this month. It owes the users around $4.7 billion, showing how much investors lost by investing in Celsius (CEL). No one can minimize those losses. Celsius (CEL) was risky and marked the doom for many people, and Unlike Celsius (CEL), Snowfall Protocol (SNW) is a risk-free decentralized finance (DeFi) protocol that offers the cheapest transaction fees in the market. It is also fast and works on multiple chains, giving you the most freedom you can hope for.

For those reasons, we can clearly see that Snowfall Protocol (SNW) is here to stand alongside Klaytn (KLAY) and leave behind risky tokens like Celsius (CEL).

For more information about Snowfall Protocol Pre-sale

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

Presale: https://presale.snowfallprotocol.io

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