Why fear the crypto bears when the WOX exchange is here ?
Why am I excited to hear about the wox exchange launch?
To understand about the full implication one has to get a grip of the full crypto space scenario.
Crypto winter & bear run is here is here!
One cannot deny that we are in a period of crypto winter.
The bulls are on a holiday or are resting as a result the price of major cryptos like BTC ETH etc are taking a nose dive.
The alts are falling much faster !!!
As much as we may like and support the various alt coin projects that we may like however the price depreciation witnessed in the alt coin market is much worse.
This leaves us with a question?
What to do with our crypto?
Or better still how to grow it and prevent a fall in value of our holdings ?
This means we need to look towards defi
Defi is good for staking crypto
Indeed defi staking option is a good opportunity while the rest of the crypto market bull run is taking a break.
WOX launch on 7th feb 21
The WOX exchange is slated to launch on the 7th of Feb 2022
What is even bigger news is the fact that One can stake WOX tokens with a 29K APY
That means a growth potential of 0.52% every 8 hours is that not incredible?
For the WOX- TRX pair LP the return is even better @45 K APY
This works to 0.56% every 8 hours!!
There is going to be a lock in period of initial 30 days.
However after these initial 30 days there would be no lock in.
Lets go and checkout this opportunity
for more info one can visit https://woxdefi.app/
In case of any help one may connect to their discord
https://discord.gg/C5fxxCeW8G
Thanks for this I am not the most technical and I never really know what’s going on lol
Not an issue @ultravioletmag we all start some where.
Actually so much keeps happening in the Defi space that it is hard to keep track of everything.
Nice to see you have some interest besides art.
yes I worked in blockchain for a bit and was so up to date but a couple of years of not focusing and I know nothing and every area of the space also has it's own development lol I just let things come to me if they are meant to really now.
So true there is so much growth in the world of cryptos and blokchains that it is almost impossible to keep track of everything.
Take care and keep posting @ultravioletmag
Are we getting tokens when we tag in wox ?
There was a time when you could get some wox tokens by winning in a contest organised by the @wox-exchange team account. Currently I do not see any ongoing contest for winning wox tokens.
So the only option seems to be buying them and staking them to make them grow.
However one could keep an eye for a contest by the @wox-exchange account or in the discord server https://discord.gg/C5fxxCeW8G
However while looking up for other opportunities to get some wox I stumbled upon this post https://steemit.com/hive-185836/@xpilar/wox-bestpick-congratulations-to-the-winners-of-nomination-day-81
Now @xpilar is the guy behind the wox exchange so that is another account to look for wox related news.
By the looks of the above link it seems they do reward some selected photos and art work so you may give it a try and get some upvotes and increased exposure.
Since I see that both art and photography are your forte so it might be of interest to you :)
Greetings @thetimetravelerz ❤️💕
I've really been anticipating for the launch of this great project. I really can't wait for the launch and I also hope to own some WOX tokens.
Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead ❤️💕❤️
Hello @thetimetravelerz, I am also waiting for WOX, I want to see what will happen this February 7th, and you are right, it seems that we are in crypto winter, hahahaha
Hi @thetimetravelerz, I think many of us are following this project closely, especially here in the community, we have high expectations and it will surely be a great DeFi option to invest in.
Thanks @thetimetravelerz for your initiative :)
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I see all the hard work going to put this innovative project together.
So would surly like to promote it in every way I can.
Thanks for the support to my post :)
I guess few hours to launch lets go staking wox.
I read multiple publications about the WOX exchange and got excited about it... I think the launch is just around the corner...let's hope it unfolds to be a successful project...