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Bitcoin (BTC) Halving on the Horizon, Causes More Solana (SOL) Holders to Diversify Into Kelexo (KLXO) Loan Earning Presale

DeFi is a model that places financial applications on the blockchain. It removes traditional third parties and makes money transfers seamless. Since it arrived in 2018, DeFi has gone on to be a financial pillar of the blockchain.

There are many popular DeFi platforms available and recently, a new one with high potential has arrived: Kelexo (KLXO). With its new P2P lending protocol and other revolutionary features, Kelexo (KLXO), is expected to change the DeFi world as we know it.

Bitcoin (BTC) Halving on the Horizon

The last halving event happened on May 11, 2020, after which the reward for mining was reduced to 6.25 Bitcoin (BTC). This reward is way less than the number in 2009, where each network participant validating transactions was awarded 50 Bitcoin (BTC). The next halving is set to happen in mid-2024. Experts say it will take place in April.

Bitcoin (BTC) halving has major consequences for its network, especially for miners. Miners of Bitcoin (BTC) will have a lower reward, thereby reducing the money they make. The influx of Bitcoin (BTC) will also reduce, supply will drop, demand will fluctuate and the price will change. Since Bitcoin (BTC) is deflationary, this situation cannot be avoided and will continue to happen every 4 years. Fortunately, there’s a new coin called Kelexo (KLXO) on the block.

Solana (SOL) Holders Diversify Into Kelexo (KLXO)

Solana (SOL) is a high-performance blockchain platform with quick transaction speeds and cheap costs. Solana (SOL), like any other technology, has had its fair share of hurdles. One of the primary issues Solana (SOL) is facing is network congestion, which causes delays in transaction processing and higher costs during peak usage times. Another issue is the centralization of network validators, which has the potential to undermine the platform’s decentralization.

Solana (SOL), which experienced significant gains of about 12% in January 2024, is now grappling with a decline of about 4% in February 2024. Concerns about network outages have raised questions about its reliability, potentially paving the way for Kelexo (KLXO) to capture market share in 2024.

Why Are More Holders Diversifying Into The Kelexo (KLXO) Presale

The decision to invest in Kelexo (KLXO) is driven by the platform’s innovative approach to lending and borrowing. Unlike traditional lending platforms, Kelexo (KLXO) operates on a fully decentralized model, eliminating the need for intermediaries and ensuring immutability and security.

As experienced investors, Solana (SOL) and Bitcoin (BTC) holders recognize the potential for substantial returns by getting in early on a promising project like Kelexo (KLXO). They are drawn to Kelexo (KLXO) for its ability to provide an alternative stream of passive income.

With the halving event looming, which will reduce the rewards for mining Bitcoin (BTC), many investors are seeking diversification opportunities that can complement their existing holdings. Kelexo (KLXO) lending platform offers a compelling solution, enabling them to earn passive income while simultaneously participating in the DeFi ecosystem.

Furthermore, Kelexo (KLXO) commitment to security and transparency has instilled confidence among investors. The platform has successfully passed a rigorous audit and the team has implemented measures to safeguard investor interests, such as locking team tokens for an extended period and ensuring that liquidity will be locked for life. These measures provide a level of reassurance that is often lacking in the volatile crypto world, appealing to the risk-averse mindset of Bitcoin (BTC) holders.

Find out more about the Kelexo (KLXO) presale by visiting the website here.

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