Kelexo (KLXO) Draws Ethereum (ETH) & Bitcoin (BTC) Investors Eye Up Major Gains with Kelexo (KLXO) P2P Lending Presale

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Bitcoin (BTC) and Ethereum (ETH) are two of the most popular cryptos in the DeFi market and the crypto industry at large. Despite their incredible growth trajectory, Bitcoin (BTC) and Ethereum (ETH) investors are shifting their attention to an up-and-coming lending crypto. 

Crypto lenders and borrowers are the main priorities of the new Kelexo (KLXO). The platform intends to restructure lending in the crypto market while providing amazing benefits. Let’s discover why Kelexo (KLXO) is gaining so much traction in the DeFi market.

Buterin Announces Plan to Simplify Ethereum (ETH) 

One of the Ethereum (ETH) network co-founders, Vitalik Buterin, recently outlined plans for simplifying the protocol. Buterin intends to reduce the burden on Ethereum (ETH) nodes, a process he is calling the Purge. This process will involve cleaning up the network history by removing old data and making things more straightforward. 

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The Purge will also save storage space, make life easier for node operators and improve the overall health of the Ethereum (ETH) ecosystem. Buterin introduced the Ethereum (ETH) Improvement Proposal (EIP)-6780 during the Dencun hard fork which eliminated some complex code functions.

The Purge will also implement Ethereum (ETH) Improvement Proposal (EIP)-4444, which lets nodes discard historical blocks older than a year. This means synced nodes will not keep old data unless needed for syncing or by request. Buterin believes that this change will make Ethereum (ETH) more decentralized, which is always good for a blockchain system.

Bitcoin (BTC) Loses Investor Interest Due to Mining Issues

Druk Holding & Investments, a Nasdaq-listed crypto mining firm, aims to boost Bhutan Bitcoin (BTC) mining capacity significantly. The firm will achieve this in collaboration with Bitdeer, another Bitcoin (BTC) mining company. This partnership was created due to Bitcoin (BTC) miners facing a coming code upgrade that could threaten their revenue. 

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The miners are reverting to survival mode after surviving a tough period during the recent crypto winter. According to crypto experts, the Bitcoin (BTC) halving event is creating a tight supply-demand dynamic for miners. The focus on energy consumption is affecting the increasing importance of consistently mining Bitcoin (BTC). 

This has caused the post-halving hash rate to rise, which has prompted investors to pay high fees for limited exposure to Bitcoin (BTC). As a result, investors are turning their interest to cryptos that don’t require them to pay exorbitant fees like Kelexo (KLXO). 

Kelexo (KLXO) Introduces New Lending Features to the DeFi Market 

Only a handful of lending platforms cater to crypto traders’ loan needs. Kelexo (KLXO) is one of these platforms as it aims to connect lenders and borrowers through a peer-to-peer crypto community. Kelexo (KLXO) is making waves for its fast loan processing capabilities that rival traditional loan systems.

On Kelexo (KLXO), lenders can give out loans with customized interest rates, sparing borrowers from the paperwork hassles of banks. Kelexo (KLXO) ensures that loan terms, amounts and interest rates are easily adjustable. It also entices crypto users with exclusive perks during its live presale. Kelexo (KLXO) presale is the best opportunity to enjoy its early-bird benefits.

Stage 2 of the presale is live with Kelexo (KLXO) official token, Kelexo (KLXO), sold at $0.05. With its impressive features and extraordinary presale, Kelexo (KLXO) is the leading investment choice for Ethereum (ETH) and Bitcoin (BTC) investors. 

Get more information about the Kelexo (KLXO) presale by visiting the website here.

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