3 Coins For Midterm Holdings
1. PancakeSwap ($CAKE ) Coin:
Use case: CAKE is the native token of PancakeSwap, a decentralized exchange (DEX) built on Binance Smart Chain (BSC). It’s used for staking, farming, and governance within the platform.
Purpose: Mainly for liquidity provision and trading on decentralized platforms. Users can earn rewards by staking CAKE in liquidity pools.
2. Hedera Hashgraph ($HBAR ) Coin:
Use case: HBAR is the native cryptocurrency of the Hedera network, which uses a unique consensus mechanism called Hashgraph. It aims to offer fast, secure, and scalable transactions.
Purpose: HBAR is used to pay for transaction fees, for network services, and as a means of securing the network through staking.
3. The Graph ($GRT ) Coin:
Use case: GRT is the native token of The Graph, a decentralized protocol for indexing and querying data from blockchains. It powers applications in the DeFi and Web3 space.
Purpose: GRT is used to incentivize node operators (called indexers) to provide indexing and query services, and it's also staked by curators to signal which subgraphs are of high quality.#CAKE/USDT #BinanceSquareFamily
Follow For More💰💰