The world will soon fully transition to Decentralised Finance (DeFi), and every blockchain network is racing to be at the forefront of this new revolution. However, Polygon (MATIC), Conflux (CFX), and TMS Network (TMSN) are the three networks that seem to be leading the way. Here is how they are doing it.
Polygon’s (MATIC) role in DeFi Protocol
Polygon (MATIC) is a popular layer-2 scaling solution for Ethereum, which aims to enhance the efficiency of the Ethereum network by utilizing sidechains. Polygon (MATIC) network enables faster and cheaper transactions compared to Ethereum’s native blockchain.
$MATIC is the native token of the Polygon (MATIC) network, used for various purposes such as staking, transaction fees, and governance. Polygon (MATIC) has a maximum supply of 10 billion tokens, of which 6.7 billion are in circulation as of March 2023.
Polygon (MATIC) offers several advantages over Ethereum, including faster transaction speeds, lower transaction fees, and better scalability. This makes Polygon (MATIC) an attractive option for developers and users looking to build and use decentralized applications (dApps) on the blockchain.
Polygon (MATIC) has gained significant traction in the blockchain ecosystem, with several popular dApps and projects such as Aave, SushiSwap, and Curve already integrated with the network. Polygon (MATIC) network has also established partnerships with major companies such as Google Cloud, Chainlink, and OpenSea, further enhancing its adoption and use cases.
Conflux (CFX) and its exciting features
Conflux (CFX) is a blockchain platform that offers a unique approach to achieving high scalability, security, and decentralization. Conflux (CFX) architecture enables it to process many transactions per second (TPS) while maintaining high-security levels and ensuring decentralization.
One of the most exciting features of Conflux (CFX) is its Proof-of-Work (PoW) consensus algorithm. This consensus algorithm enables Conflux (CFX) to achieve high scalability without compromising security or decentralization.
Conflux (CFX) can also run Ethereum Virtual Machine (EVM) compatible smart contracts. With minimal effort, developers can easily port their existing dApps and smart contracts from Ethereum to Conflux (CFX), thereby expanding Conflux’s (CFX) ecosystem.
Lastly, Conflux (CFX) also offers a unique approach to governance through its Decentralized Autonomous Organization (DAO) structure, which enables stakeholders to participate in decision-making and network upgrades.
TMS Network (TMSN): The best in DeFi Protocol?
TMS Network (TMSN) recognizes that a large audience is vital to long-term success in the DeFi ecosystem. TMS Network (TMSN) is a fully decentralized and unified investment platform designed to make people onboarding seamless in the crypto world.
Unlike other trading platforms, TMS Network (TMSN) allows token owners to invest in various assets, including crypto, CFDs, equities, and FX. Furthermore, TMS Network (TMSN) supports its communities throughout their investment journeys and offers them essential features such as ultra-cheap fees, fast customer service, and educational content.
TMS Network (TMSN) combines advanced technologies of Polygon (MATIC) and Conflux’s (CFX) networks with the advantage of reaching larger audiences through a consumer-grade trading platform. The platform uses automated investment and analytic tools to augment investors’ experiences, giving every investor voting rights on the token’s future.
Moreover, Investing in TMS Network (TMSN) is very cheap. The $TMS token is in phase 2 of the presale, and one $TMS is selling for just $0.038. Investors who invested when the token was selling for $0.0047 have already seen a massive ROI on their investment, and you should not be left out of this opportunity.
Polygon (MATIC), Conflux (CFX), and TMS Network (TMSN) are making significant progress in propagating decentralized finance and bringing its benefits to a broader audience. These blockchain protocols, especially TMS Network (TMSN), should be your go-to platform if you want to enter the world of DeFi.