In recent weeks, holders of MANA and LUNA
tokens have been dropping them like hotcakes in favor of Snowfallprotocol.io
(SNW) . Why? What has changed? What isSnowfallprotocol.io
(SNW) , and why is it suddenly at the receiving end of favor of the
We’ll find answers to these questions
What is Snowfallprotocol.io (SNW)?
Snowfallprotocol.io (SNW) is a multi-chain token bridging solution,
designed for fungible and non-fungible token swaps. Snowfallprotocol.io
(SNW) uses unique bridging protocols for fungible
and non-fungible token swaps, which makes it a one-stop multi-chain swap
protocol, for every token type and chain type. Also, Snowfallprotocol.io
(SNW) offers cross-chain
swaps for EVM and non-EVM chains alike, making its application limitless across
the entire market.
In practice, this allows for seamless
transactions for users across a diverse range of cryptocurrencies, whether they
are fungible or non-fungible.
A Globally Connected Metaverse Needs Snowfallprotocol.io
On paper, Decentraland exists in the
metaverse. It’s a virtual reality world, where users can don various avatars,
customize them, own virtual real estate (LAND), and spend
money (MANA), just like in the real world.
However, Decentraland has failed to fully
integrate into the broader metaverse and fulfil its promises. Metaverse is
being designed as a fully open virtual world where users can seamlessly move
their assets across different metaverse universes or worlds (such as
Decentraland). Yet, Decentraland does not even allow you to bring your own
avatar into the platform. You must design or customize it from within it.
This is where Snowfallprotocol.io
(SNW) comes into the picture.
(SNW) offers a bridge between
various protocols and allows users to swap assets (including NFTs) across
different EVM and non-EVM compatible chains.
In other words, you could move your assets
across different universes. So, no more DeFi silos with Snowfallprotocol.io
Snowfallprotocol.io (SNW) is Building a Strong, Stable
Snowfallprotocol.io (SNW) is creating a stable token that is genuinely stable by discouraging
easily excitable, fear-mongering, and anxious users from joining its platform.
With a 2% buy tax and 8% withdrawal tax on liquidity pooling, Snowfallprotocol.io
(SNW) ensures that users do
not engage in high-frequency speculative trading and invest their crypto funds
for the long term. Without high-volume speculative trading, Snowfallprotocol.io
(SNW) is shielded from the
crash and burn cycles that plague other platforms.
Take Terra Luna, for instance. It shot up
to 500 times its value before losing 99% of its value in just a matter of a few
months. That’s the craze for a platform that had aspirations of a stable coin.
Also, Terra Luna’s biggest problem is its founder, who has a highly
unpredictable and volatile nature.
Opt For a Better Solution
Decentraland and Terra have proved that
they are not suitable options as a stable metaverse currency that offers seamless transactability across
different worlds in the metaverse. Therefore, with its innovative features, Snowfallprotocol.io (SNW) is attracting users from both these platforms.
For more information about
Snowfallprotocol.io’s (SNW) Pre-sale
Twitter: https://twitter.com/snowfall coin
This news is republished from another source. You can check the original article here