My Freedom Coin (MFC) and Aave (AAVE) – CryptoMode

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Decen­tral­ized finance, or “DeFi,” is the tran­si­tion away from cen­tral­ized tra­di­tion­al finan­cial sys­tems and toward peer-to-peer financ­ing made pos­si­ble by decen­tral­ized tech­nolo­gies based on the Ethereum blockchain.

It has emerged as the most active indus­try in the blockchain space, and the total val­ue locked in DeFi pro­to­cols has grown from $1 bil­lion in Jan­u­ary to over $13 bil­lion in December. 

With such rapid growth, it can be dif­fi­cult to keep track of all the dif­fer­ent DeFi pro­to­cols and projects. In this arti­cle, we will high­light some of the best low-cap DeFi gems that are worth keep­ing an eye on.

My Free­dom Coin (MFC)

My Free­dom Coin is a DeFi plat­form built upon the trans­par­ent and secure BEP-20 blockchain. Its ecosys­tem works to min­i­mize the poten­tial for neg­a­tive volatil­i­ty that comes with the cryp­to mar­ket while cre­at­ing sta­ble growth. It has mul­ti­ple util­i­ties, includ­ing a wal­let, a bank, and an exchange, let­ting users buy, sell, and col­lat­er­al­ize their MFC coins.

The MFC coin has a total sup­ply of 7 bil­lion coins that are released through a series of offer­ings. The funds col­lect­ed through the MFC coin offer­ings are then stored in a smart con­tract on a BEP-20 net­work called the BUSD Trea­sury (BUSDT).

BUSDT guar­an­tees that all coins in cir­cu­la­tion will not fall below ‘Floor Price,’ which can only stay the same or increase. It also refers to the absolute low­est price that the coin can be, and this price sub­se­quent­ly goes up over time.

The con­sis­tent growth of BUSDT is ensured as each coin offer­ing is 2X of the ‘Floor Price.’ Fur­ther­more, all the fees that are charged in MFC are tak­en out of cir­cu­la­tion, there­by increas­ing the ‘Floor Price.’

The platform’s coin func­tions as a crash-proof asset and a store of val­ue, pro­vid­ing investors with con­sis­tent growth.

Aave (AAVE)

Aave is a well-known plat­form for lend­ing cryp­tocur­ren­cy. The price of its AAVE token has been per­form­ing bet­ter than most oth­er tokens due to its high user lev­el. AAVE’s price rose over the pre­vi­ous week. Addi­tion­al­ly, the plat­form recent­ly dis­closed plans to intro­duce its own sta­ble­coin, which will aid in lur­ing and keep­ing users.

Aave cur­rent­ly has a mar­ket val­ue of $1,050,188,407. AAVE has a rel­a­tive­ly small sup­ply even though its mar­ket cap appears to be greater than My Free­dom Coin. Less than 14 mil­lion AAVE coins are cur­rent­ly in cir­cu­la­tion on the plat­form, and its max­i­mum coin sup­ply is also only 16 mil­lion. The small group of AAVE token own­ers ben­e­fits great­ly as the platform’s val­ue increases.

Con­clu­sion

Each of these projects has the poten­tial to dis­rupt the DeFi space and offer sig­nif­i­cant returns to investors. Aave may have indus­try expe­ri­ence, but My Free­dom Coin is a rel­a­tive new­com­er to the world of DeFi, and it has quick­ly estab­lished itself as one of the best low-cap gems in the space. The team behind My Free­dom Coin has a strong vision for the project, and they have been able to exe­cute that vision thus far.

Learn more about My Free­dom Coin by check­ing out their offi­cial web­site and their Twit­ter, Telegram, Dis­cord, and Red­dit. Investors can use the code ‘CXPMGOSKJT’ to join the plat­form. The app can be down­loaded via their website.

Cryp­to­Mode pro­duces high qual­i­ty con­tent for cryp­tocur­ren­cy com­pa­nies. We have pro­vid­ed brand expo­sure for dozens of com­pa­nies to date, and you can be one of them. All of our clients appre­ci­ate our value/pricing ratio.
Con­tact us if you have any ques­tions: [email pro­tect­ed]
None of the infor­ma­tion on this web­site is invest­ment or finan­cial advice. Cryp­to­Mode is not respon­si­ble for any finan­cial loss­es sus­tained by act­ing on infor­ma­tion pro­vid­ed on this web­site by its authors or clients. No reviews should be tak­en at face val­ue, always con­duct your research before mak­ing finan­cial commitments. 



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