Over the past few years, cryptocurrencies have opened up more opportunities across various sectors, and giving back more value than usual is the one thing crypto has in common, regardless of where it’s applied. Using the blockchain can give back control to users who contribute the most to a sector. And that’s precisely what decentralized finance (DeFi) has been as an alternative to traditional finance (TradFi). DeFi has been a way to help users own custody over their funds while exploring the same financial services their money goes through with banks.
Uwerx is an emerging decentralized solution for the freelance market, and as expected, it allows active participants in the gig economy to make more value from freelancing. And the ongoing presale is a golden opportunity to get in early on the budding solution.
Lido DAO (LDO) As A DeFi Solution
Lido DAO (LDO) is the dominant liquid staking platform on Ethereum, and according to DeFiLlama, the platform holds over $14 billion total value locked (TVL) out of the $44 billion Ethereum TVL. Lido’s value is tied to allowing users to stake on the Ethereum mainnet even without having the minimum requirement of 32 ETH.
Ethereum (ETH) has allowed users to stake ETH to secure the network since it transitioned to Proof-of-Stake (POS). These stakings are usually delegated to validators on the network, where the rewards often trickle back to the stakers. Lido DAO (LDO) creates a platform that lowers the barrier for staking, as 32 ETH is quite a hefty amount of money that only a few crypto users can afford to lock in a pool.
Despite the utility of the token, Lido DAO (LDO) has not enjoyed positive price action since the recent market downturn, and the token struggles to recover its most recent losses.
Uwerx (WERX) As A Decentralized Solution To Freelancing
The freelance market has been immensely valuable to independent workers, and the prospects for growth and higher value have increased in the past few years. Uwerx is a new platform looking to launch on the Ethereum platform and will be using the resources enabled by the blockchain to provide a platform for independent gig buyers and sellers.
The freelance market is mostly dominated by private corporations, and as a result, freelancers have had to pay exorbitant fees on their earnings, while most platforms still require freelancers to subscribe to premium to access exclusive features. Uwerx allows users to access all features available on its site with the WERX token. Users will also earn WERX rewards from being active on the platform as the token becomes tradable after launch.
You’re still relatively early on Uwerx if you’re seeing this, as the WERX token goes for $0.047725 on the Stage 5 presale.
Enter the Uwerx presale now and claim a 15% bonus on your purchase.