by Analytics Insight
April 2, 2022
Logarithmic Finance is a layer 3 switching protocol meant to connect innovators and investors.
Every day new cryptocurrencies hit the market. CoinMarketCap, the leading classifieds site, is approaching twenty thousand listed on its site. One such initiative that has been discussed in many forums in the crypto-sphere is Logarithmic Finance (LOG).
Logarithmic finance (LOG): what is it?
Logarithmic Finance (LOG) is a Layer 3 switching protocol that was designed to connect innovators and investors effortlessly and smoothly. According to the Logarithmic Finance (LOG) white paper, their roadmap envisions the upcoming enhancements we will integrate into an ecosystem to provide innovators and investors with the wonders of DeFi they truly deserve. Logarithmic Finance (LOG) strives for blockchain variety, which will create a multi-chain and cross-chain ecosystem with the ability to generate finance on any blockchain network, including Ethereum (ETH), Polygon (MATIC), Binance Smart Chain (BNB), Solana (SOL) and Avalanche (AVAX).
The creators of Logarithmic Finance (LOG) attempt to validate this process. Their protocols and smart contracts are currently being reviewed by Certik, a blockchain security firm that uses artificial intelligence to monitor and protect the blockchain. It is Certik’s mission to protect the cyberworld, and the results of this audit will certainly increase investor confidence in the company. Anyone can get the audit by searching for Logarithmic Finance (LOG) on the Certik website.
Logarithmic Finance (LOG) is a coin with an emphasis on security. It has a cheap locked presale of $0.10. All these qualities will make the new crypto very attractive for potential investors, especially since it is a fully multi-chain and cross-chain compatible platform, which many other cryptos lack.
Logarithmic Finance (LOG) currently uses an ERC-20 token powered by Ethereum (ETH).
Is logarithmic finance (LOG) a sweepstakes or a scam?
Logarithmic finance (LOG) is legit. Certik, a firm recognized for ensuring the security of the blockchain, audits LOG. Additionally, liquidity will be locked in, making it extremely unlikely to be a carpet pull currency. In the realm of cryptocurrency, discerning what is legitimate and what is not can be tricky. Even Dogecoin was considered a hoax for years before becoming one of the most popular cryptocurrencies in the world. Certik is one of our best chances to assess whether the initiative is legitimate.
Logarithmic Finance’s (LOG) auditing, locked-in liquidity and open communication make it unlikely that LOG is inauthentic. How audits work is to study the project’s smart contract, which specifies how a cryptocurrency works and dictates how a cryptocurrency works. A carpet pull is highly unlikely if the LOG smart contract is genuine. Buyers should proceed with caution, as previously stated. Unfortunately, since cryptocurrencies are unregulated, risks are common.
Should I invest? How to invest in Logarithmic Finance (LOG)?
Despite the fact that everything in the cryptocurrency market is very volatile, it is widely accepted that getting started early with a decent idea is a very effective strategy. Prices can only increase during the pre-sale period of a cryptocurrency release. This will be the case until the offering of the piece. After that, he has the ability to grow much further.
Because LOG just started their presale, the only way to enter today is through their website. After registering and submitting (via a peer to peer (P2P) transaction), you will have access to a dashboard with information on the presale progress.
Logarithmic Finance (LOG) is extremely unlikely to be anything other than a reputable cryptocurrency initiative. The goals are clearly spelled out in the white paper, which includes a detailed roadmap that stretches to 2023.
Despite ongoing concerns about who is behind the project, which in itself is not a negative thing, for all intents and purposes, LOG appears to be a legit cryptocurrency with a lot of promise.
We wish to say thanks to the author of this write-up for this remarkable content
Is Logarithmic Cryptocurrency (LOG) Finance The New Big Thing? But what is it? – Tech Tribune France
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