Sold-out presale draws strong interest in Gnox (GNOX) from Binance Coin (BNB) and PancakeSwap (CAKE) holders.

The market turnaround has arrived. It appears that the macro bottom for the current cycle has already been reached and the total market cap of digital assets has exited its bearish trend and continues to rise steadily. As inflation slows, Ethereum’s merger draws closer and the Fed becomes more dovish. The following months will see explosive gains across the asset class.

A new protocol, Gnox (GNOX), a novel type of reflection token, is attracting the attention of Binance Coin (BNB) and PancakeSwap (CAKE) investors. This isn’t a surprise, as these investors like to generate returns, and Gnox’s low-touch solution is obviously very attractive. Gnox launches in less than a week; It’s completely sold out from its pre-sale phase, and with momentum this strong, buying it at launch is probably the only way to guarantee a decent entry point before GNOX picks up further.

Gnox (GNOX)

Gnox is revolutionizing DeFi investing (decentralized finance). Generating income in DeFi is complicated and time-consuming, and Gnox has condensed this entire process into a single investment vehicle: GNOX. This much-needed simplicity has propelled the token’s popularity, prompting early investors to buy up the entire offering during the pre-sale.

GNOX holders receive monthly stablecoin reflection and hourly distribution of GNOX. This is made possible by buying and selling taxes and Gnox’ Treasury. The first investor treasury, raising funds and deployed within battle-tested DeFi protocols to generate returns for investors.

Because only proceeds, never capital, are distributed, this fund is designed to grow aggressively over time. This will lead to bigger stablecoin reflections for investors; Binance Coin (BNB) and PancakeSwap (CAKE) holders have recognized this, recognizing that the market launch could be the last reasonable entry point.

Binance Coin (BNB)

BNB is the native token of the BSC (Binance Smart Chain) ecosystem. The second largest ecosystem ranked by TVL (Total Value Locked), but the most interacted by ordinary investors. Home to Venus, Alpaca Finance, BiSwap, and PancakeSwap, there is no shortage of earning opportunities in this ecosystem.

BNB is trading at $330 and as Binance’s utility token, it is always seeing an upward movement with increased trading activity. The reversing market conditions and increase in trading volume guarantee great price action for the BNB in ​​the coming months.

PancakeSwap (cake)

PancakeSwap is the first DEX (decentralized exchange) of the BSC ecosystem and the most visited DEX within crypto. CAKE is the native token used to incentivize users to provide liquidity.

A classic yield farming pool is CAKE-BNB with an APR of 20%. Users can keep using the CAKE rewards to get more yield and participate in multi-tiered earnings. Trading at $4.45, CAKE is a classic staple in any DeFi enthusiast’s portfolio. With its current low valuation, all CAKE yields are inflated.

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