Tron’s DeFi in Trouble After Curve Hack? 3 Features That Shows DigiToads Was Built to Last
Recent rumors of top employees related to Tron (TRX) and Huobi being arrested have sparked a flight from Huobi and brought the spotlight back on Justin Sun. Is Tron’s DeFi in trouble after the Curve hack? It is hard to tell. But investors would be better off investing in audited and secure protocols like DigiToads (TOADS), which has continued rallying despite adverse market conditions.
This article dives into this new challenger, which has rapidly outpaced other new ICOs and looks poised to become a top 100 crypto project in the next cycle. These three features show that DigiToads was built to last.
Curve (CRV) Hack
DeFi has seen a wave of crisis events in the past week. The zero-day exploit of the Vyper language used by the Curve (CRV) protocol led to large drains in several pools, and investors quickly scrambled to pull funds. To make matters worse, Egorov, the Curve founder, had leveraged $CRV tokens across DeFi lending protocols. And with no liquidity for the token, liquidations would have commenced a death spiral.
Luckily a wave of crypto-native whales stepped in, and millions of dollars of OTC trades were made. But skepticism remains surrounding Tron, Huobi, and the solvency of both entities.
DigiToads (TOADS) Built to Last
DigiToads has already raised an astonishing $6.8 million, and investors have flocked to the presale as panic ensues across the broader crypto ecosystem. Why? The native token, $TOADS, leverages the Solidity coding language. The same as other ERC20 coins, and this language is the most battle-tested programming language in crypto. Additionally, DigiToads launching on Ethereum (ETH) means it benefits from the ecosystem’s most robust security guarantees.
DigiToads has been audited by Coinsult. A leading smart contract auditing firm that verified the security of all the protocol’s smart contracts and testified to their soundness.
DigiToads is a unique ecosystem devised under the broader Ethereum umbrella. It offers a powerful earning vehicle for investors with the aim of becoming an established Web3 currency with deep composability across DeFi.
The Swamp- the native ecosystem- provides numerous cash flows for investors. It includes the NFT Staking mechanic, the play-to-earn game, a native DEX, a proactive treasury management approach, an educational platform, and more.
Holders of DigiToads NFTs own capital assets capable of producing revenue, with 2% of all ecosystem transactions directed to the payout pool. Analysts have predicted that the DigiToads digital collectibles will rapidly become trending NFTs after holders begin receiving staking rewards on August 21st. Toad-Cade sees players battling toad NFTs against one another, with the top 25% awarded part of the prize pool each season.
But analysts honed in on the Toad Tax and Platinum Toads initiative when forecasting the potential for $TOADS to 100X. The taxation system funds a highly aggressive token burn, one of the best long-term value accrual mechanisms for tokens. And the Platinum Toads mechanism integrates an asset management service for all $TOADS holders, with the most skilled community traders controlling the treasury.
Closing Thoughts: Join the TOADS Presale Today
TOADS has been built to last. It is coded in the most reliable crypto programming language. DigiToads has received audits from renowned DeFi companies. And its economic model is imposing with the hands-off approach making $TOADS a perfect cryptocurrency for beginners.
Early investors are already 400% up on their initial investment, and the discount window for $TOADS closes fast. Users participating in the presale today can purchase $TOADS for just $0.05 and enjoy a spectacular launch price of $0.055! Join one of DeFi’s fastest-growing communities and most secure projects today.
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articlesGregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.