Every day new digital currency enters the market. CoinMarketCap, the primary listing website, has nearly twenty thousand listed on their website. One similar initiative that has been the discussion point of many platforms in the crypto space is the cryptocurrency Logarithmic Finance (LOG).
What Is Cryptocurrency Logarithmic Finance?
Cryptocurrency Logarithmic Finance (LOG) is a layer-3 altering protocol that has been intended to connect investors and innovators smoothly and effortlessly. As per the white paper of Logarithmic Finance (LOG), their roadmap views the forthcoming enhancements that we will include into an ecosystem to offer investors and innovators with the marvels of Decentralized Finance (DeFi) that they really get. Logarithmic Finance (LOG) wishes for blockchain variety, which will formulate a cross-chain and multi chain ecosystem with the chance to develop finances throughout any blockchain network, that include Polygon (MATIC), Ethereum (ETH), Solana (SOL), Binance Smart Chain (BNB), and Avalanche (AVAX).
The creators of cryptocurrency Logarithmic Finance (LOG) are aiming at validating this process. Their smart contracts and protocols are now under review by Certik, which is a blockchain security business that uses AI (artificial intelligence) to monitor and protect the blockchain. It is the mission of Certik to protect the cyber space, and the results of this audit will definitely raise investor trust in the entity. Anyone may get the audit by searching for Logarithmic Finance (LOG) on the official website of Certik.
Logarithmic Finance (LOG) is a crypto with an aim at safety. The Logarithmic Finance presale is locked at $0.10. All of these qualities will make the latest crypto highly appealing to prospective investors, mainly as it is a completely cross-chain compatible and multichain platform, something many other cryptos do not have. LOG is presently using an ERC-20 token that is powered by Ethereum (ETH). LOG is the Logarithmic Finance token.
Is Logarithmic Finance (LOG) A Rug Pull Or Scam?
Logarithmic Finance (LOG) is a legit crypto project. Certik, a firm known for ensuring blockchain security, is auditing LOG. Also, its liquidity will be locked, making it highly improbable that it is a rug pull digital currency. In the realm of digital currency, discerning what is legitimate and what is not may be conflicting. Even Dogecoin was thought a hoax for years before becoming one of the most popular digital currencies across the globe. Certik is one of our best opportunities for evaluating if the initiative is legitimate.
The audit, locked liquidity, and also open communication of Logarithmic Finance (LOG) make it unlikely that LOG is not authentic. How audits operate is that they will study the smart contract of the project, which points out how a digital currency operates, and that dictates how a cryptocurrency functions. A rug pull is highly unlikely if the smart contract of LOG is genuine. Purchasers should continue with care, as advised previously. Unfortunately, since digital currencies are unregulated, there are frequent obstacles.
Cryptocurrency Logarithmic Finance: Should You Invest And If Yes, Then How?
Despite the notion that everything in the crypto space is highly fluctuating, it is widely acknowledged that entering in early with a decent idea is a very promising strategy. Values may only increase during the presale span of a digital currency release. This will be the scenario until the offering of the coin. Following that, it has the potential to evolve much further.
Because LOG has just lately started its presale, the only way to take part today is through their website. After submitting and registering via a P2P (peer to peer) transaction, you will receive access to a dashboard with Logarithmic Finance coin presale progress data.
Cryptocurrency Logarithmic Finance (LOG) is growingly unlikely to be anything other than a reputable crypto project. The aims are clearly mentioned in the white paper, which involves a detailed road map that broadens all the way to the year 2023.
Despite issues prevailing about who is behind the initiative, which is not in and of itself a negative thing, for all purposes and intents LOG looks to be a legitimate digital currency with a lot of promise.
The Bottom Line
The cryptocurrency Logarithmic Finance is a next-generation Layer-III altering protocol that has been meticulously discussed and formulated to allow seamless connectivity between investors and early-stage inventors and is a great investment opportunity. Analysts predict LOG will do well in presale based on the present market scenario and the new protocol’s whitepaper. This is indeed the future of cryptocurrency.