There is currently a huge problem in the lending and borrowing market, especially with traditional finance banking, which has heavy bureaucracy and high interest rates. This has mostly thrown those who want to genuinely borrow money away and those who want to lend are unaware of how to do it. But with a decentralized avenue to do this, lenders and borrowers come together to make the opportunity worthwhile.
The revolutionary DeFi outlet, Kelexo (KLXO), is going for $0.05 in stage two. Users cannot only lend and borrow but also invest in the token to generate as much as 50x in return on investment when the highly anticipated bull market occurs.
Since the beginning of the presales, users have been signing up and participating as holders. The latest is First Digital USD (FDUSD) and Maker (MKR), geared towards future gains.
First Digital USD (FDUSD) recovers after a partial slump
Users who are interested in investing in First Digital USD (FDUSD) can get it at a $0.9993 price. But it’s a stablecoin just like Tether (USDT) and USDC Coin (USDC). As a stablecoin, investors are not making much profit but are only securing their token to offer it a bit of market stability. In most stablecoins, investors realize between 10% – 15% annual percentage yield and First Digital USD (FDUSD) is the goal to improve efficiency.
Maker (MKR): high market price but low cap and volume
It’s understandable because despite Maker (MKR) having prices almost similar to Ethereum (ETH), it’s not known as a token. Maker (MKR) can be bought for $3,038 and has maintained an upward rise in price of 7.75% in the last seven days. In terms of market cap and volume, the Maker (MKR) token is ranked 46th, $2B cap and 90th, $139M volume, respectively.
The token’s all-time high is $5415, which is much higher than Ethereum (ETH). On average, Maker (MKR) has been a good token to invest in, generating a lot of yield on return on investment. Still, holders have been diversifying on the opportunity presented by Kelexo (KLXO) trading. The project was conceived in 2015 before it was launched in 2017.
Kelexo (KLXO), the low-cost token with high yields
Users can get Kelexo (KLXO) at an affordable price and the market benefit has witnessed First Digital USD (FDUSD) and Maker (MKR) holders rushing to get a part in them. Kelexo’s (KLXO) selling point currently lies in many of its utilities, especially the reward program where users are rewarded for reaching a milestone, revenue fees on user’s holdings as presale investors and zero commission on swap services, which can hardly be found on Tradfi.
Kelexo (KLXO) will let users lend and borrow money when traditional finance requires KYC verifications and other necessary documents. There are users with poor credit. Kelexo (KLXO) also caters to them and allows them to benefit regardless of who they are.
The new web3 ecosystem goal is to build a platform that thrives on efficiency and a simple form of trading, therefore developing a great ecosystem.