Cryptocurrency was brought into the world to solve money problems and is now being used as an avenue to make a profit and boost innovation. As we all know, the platforms that build what users want stand a chance to profit big when the time for gains arrives.
The Decentralised Finance (DeFi) industry took providing value, solving problems and making a profit to the next level with all its innovations. Now, a new platform has come up to change the way crypto enthusiasts borrow and lend money, this platform is Kelexo (KLXO).
Chainlink (LINK) is a decentralized oracle network that offers real-world data to blockchain-based smart contracts. It enables smart contracts to securely access off-chain data such as price feeds, weather data and sports scores. It is based on a decentralized network of nodes, each of which is managed by an individual operator. These nodes acquire and validate data from external sources before presenting it to the blockchain.Β
The network employs a consensus process to verify that the data is correct and dependable. The centralization problems and the fact that the builders spent so long developing it, has put this platform far behind many of the peers today. With a 4.22% decline from a month to the date of writing, it is no wonder its investors are trying to find more profitable and innovative ventures.
Ethereum (ETH) is an open-source, decentralized blockchain platform that facilitates the development of decentralized apps (dApps) and smart contracts. Since its introduction in 2015, this blockchain platform which is renowned for its adaptability and versatility has grown to become one of the most widely used platforms in the industry. However, after almost 9 years in the space, issues like lack of scalability, high transaction fees and high energy consumption which has raised issues about the environment remain.Β
While it is a known cryptocurrency, investors are still wondering if it has more to offer, or if it has given out all its value. Ethereum (ETH) investors in order to explore other options have placed their sights on Kelexo (KLXO).
Kelexo (KLXO) is a pioneer lending platform that looks to make life easier for users and also make a profit for investors. It is a decentralized peer-to-peer platform that eliminates the use of intermediaries, therefore cutting costs. It is well known that in traditional lending, funds are less accessible to some users because of limited credit history or lack of trust. Kelexo (KLXO) solves this by making funds available to users despite their background or credit history.Β
Kelexo (KLXO) is a platform that charges a 10% platform fee, this revenue will be distributed to Kelexo (KLXO) holders and investors as an income. As it has been said before, Kelexo (KLXO) is here to make life easier and also to reward those who have the mind to get in early. The platform has been audited and has 60% of its token allocation to be distributed.
Liquidity will also be locked for life. This goes to show that Kelexo (KLXO) plans to be here for the long haul. Kelexo (KLXO) is in its second stage of presale and is selling for $0.028 per token. This is a chance for investors to get into something big with a price so little.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
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