Top 3 Best DeFi Coins to Purchase in July 2021
The first half of the year is almost over, and we are ready to start Q3 at full strength. What better way to do that other than hunting the best DeFi coins for amazing profits in the long run?Â
Ready to find the crypto celebs of July 2021? Then let’s start!
The DEFC – from Rich to Richer
The DeFi Coins project amazed a lot of crypto enthusiasts due to its unique approach to static rewards.Â
The process of earning passive income is very much like conventional dividend payments. The more you contribute to the liquidity pool, the bigger rewards you’ll get.Â
Every time a user makes an exchange, the platform will require a 10% tax. This tax is distributed further to create liquidity and to reward all DEFC owners.Â
Let’s do the math.Â
A guy named Andrew owns 1% of the total liquidity pool, for example. Michael just exchanged $3,000 worth of tokens, which means the tax will be $300. Half of this sum will get straight to the liquidity pool, and the other half will be divided to the other owners. If Andrew owns 1% of the LP, he will get 1% of the second half.Â
And take note that this process is available for every exchange that happens on the platform. So there can be thousands of Michaels in a matter of minutes.Â
The STC Token – Master DeFi Creation
If you don’t want to limit your crypto activity to trades, then Student Coin is exactly what you need. This new crypto project allows users to build their own STC-based tokens, no matter their type.Â
From NFTs to corporate tokens, the choice is just yours.Â
If you wonder how they can help you, note that you can use these tokens to propose crowdfunding projects and quickly get the funds for your business idea or student taxes.Â
The EWT – Use the Energy Smart
The Energy Web Token is part of a project that combines the interest for financial freedom and environmental protection.Â
The developing team is planning to allow users to sell electricity brought by their own devices, resulting in a less power-consuming environment. And this is just one of its features.Â
Owning the EWT will give you signals of when is the best time to use electricity to avoid high costs. And it will also limit your power consumption — all for the best.
With that being said, get ready for an exciting crypto summer!