DeFi has been a big volume driver, which is often a sign of a healthy market and the bull season. In the bull run, Ethereum is often congested due to increasing DeFi activity, and due to the demand around decentralized finance, several protocols had to be deployed on other networks that offer better scalability.
Aave (AAVE) and several other DeFi protocols are worthy of mention. Uwerx is a new blockchain-based freelance platform, and its DeFi utilities have sent excitement to early investors.
New Developments With Aave (AAVE)
With the bull run in sight, one definitely has to be well positioned for the profit you could make in the market. DeFi tokens are a huge consideration for gains, and Aave (AAVE) is a top-flight multi-chain DeFi solution.
Aave (AAVE) is a decentralized protocol that specializes in overcollateralized loans; overcollateralized because they protect lenders against loan defaults, and should the value of the collateral drop to the borrowed amount, it will be liquidated.
Aave (AAVE) is primarily Ethereum-based, but the protocol has been deployed to other networks, including Polygon, Avalanche, METIS, and five other networks. A recent news report said that AAVE users on Polygon struggle to access $120 million after a governance bug.
The AAVE token allows giving governance veto to users; another governance proposal is on the way to enable access to the funds. The DAO governance model has been the popular form of decentralized control, bringing all hands on deck.
However, Uwerx also offers a DAO governance model and will be looking to push more decentralized growth.
Uwerx (WERX) Governance Model
Uwerx is a decentralized freelance platform looking to provide greater value to users and other participants on its platform. The new platform presents a competitive edge over existing freelance sites such as Upwork and Fiverr.
Uwerx’s decentralized nature allows freelancers and clients to have more say over the direction of the platform. The native WERX token will allow holders to create proposals and vote consensus for the decisive direction of the platform. Users can therefore suggest new feature additions and modifications in other areas. Ultimately, this ensures that the profit that usually goes to the private freelance firms is shared amongst users.
Users on Uwerx can earn rewards based on their activity on the platform, while WERX tokens will become tradable after launch. The opportunity available with Uwerx now is the token is underpriced on presale.
WERX is currently $0.047725, and the presale is a way for early buyers to get in and prepare for some massive profit by launch. The presale price will increase once Stage 5 is over, and the final projected presale price is $0.115, which already secures profit while protecting the initial investment of early buyers before they ride on the pump after launch.
Join the presale now and get an immediate 15% bonus.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
