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You can thank us later – 2 cryptos to buy in May: Logarithmic Finance (LOG) and Elrond (EGLD)


Many individuals have been astonished by the continued growth of the crypto market, whereas others have recognised it as an inevitability. The undeniable fact is that this one-of-a-kind financial industry has gone on to develop revolutionary technology and proven its worth in today’s society. Logarithmic news…

Now is an excellent moment to research the major cryptocurrencies on the market and pick which ones to invest in. The primary principle of efficient crypto investing is to avoid making impulsive decisions; in this market, rationality outweighs instinct. Logarithmic Finance (LOG) presale and Elrond (EGLD) are great potential investment opportunities worth research and consideration by any new or experienced investor. 

Logarithmic Finance (LOG)

Logarithmic Finance (LOG), a next-generation Layer-3 swapping protocol, is meant to create a stable communication protocol for innovators and investors. The Logarithmic Finance (LOG) vision anticipates future platform developments that will be integrated into the ecosystem to provide the finest DeFi (Decentralised Finance) products to the community. 

The major goal of the Logarithmic Finance team is to create a dynamic environment with multi-chain and cross-chain functionalities. Users of Logarithmic Finance will be able to receive funding on blockchain networks other than Ethereum (ETH), such as Binance Smart Chain (BNB), Solana (SOL), Tezos (XTZ), Avalanche (AVAX), and Polygon (MATIC).

LOG token holders will be able to make use of some premium features. The awards are targeted for helping the LOG community and encouraging the natural network’s expansion and popularity. 

The platform will provide LOG community members with exclusive NFT auctions. Innovators will be able to sell their NFTs in exchange for stablecoins or cryptocurrencies. These transactions will receive a special 80% reduction on gas fees. 

The presale of Logarithmic Finance is going even better than anticipated by analysts with a current rise of over 127%. With two additional presale stages to go, this is an excellent time to invest early, allowing greater space for your money to grow.

Elrond (EGLD)

Elrond’s (EGLD) blockchain protocol intends to improve the ecosystem of coins and decentralised apps (dApps). Scalability, transaction speed, and low costs are top priorities for the smart contract platform. Elrond employs secure proof-of-stake (PoS) consensus in combination with the Adaptive State Sharding algorithm to handle extra transactions and programmes via infrastructure splitting. It is the first network to employ state, network, and transaction sharding simultaneously.

The EGLD native token is used to administer applications, conduct transactions, and reward network validators. Holders of EGLD tokens have the ability to vote on future network developments. 

Elrond is one of the most potential cryptocurrency investments due to a number of factors. Its smart contract execution infrastructure is estimated to be capable of 15,000 transactions per second with a latency of six seconds and a transaction cost of $0.001. 

To encourage platform adoption, the project includes a royalty-sharing system by which developers who create decentralised apps on top of the Elrond layer may receive up to 30% of smart contract income. Elrond is always raising capital to spend on the platform’s future growth, which is typically a useful factor to consider when investigating possible investment options.

For more information: 

Logarithmic Finance

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