Extensive Look At August’s Best Crypto Hits: Gnox (GNOX), PancakeSwap (CAKE), And Quick Swap (QUICK)

The dog days of summer are upon us and most crypto investors’ minds are on beaches and mountains and lakes, not buried in crypto exchanges and news sources. So we’ll make this post about building your personal fort GNOX both QUICK and as easy to digest as CAKE. (Sorry for that.)

Here are three DeFi tokens that you might want to drop some money on before you head off on your summer adventure. All three have the potential for some nice price gains plus offering the ability to earn passive income on your assets. 

Gnox (GNOX)

Gnox is the “get it and forget it” cryptocurrency. They offer something called “yield farming as a service.” Yield farming is the practice of staking crypto assets in lending and liquidity pools in exchange for passive income.

Gnox makes investing in crypto super easy. Just buy and hold the GNOX token and you’ll own shares of a diversified portfolio of cryptocurrencies that offer passive income.

While most tokens have complex “tokenomics” that dictate how many tokens are minted, when, and why, GNOX is simple. Once the token goes onto exchanges, no more tokens will ever be minted. In fact, GNOX is deflationary. On a monthly basis, GNOX buys itself off of crypto exchanges and then burns itself. So the supply is eternally shrinking. This also pumps the spot price up.

Moreover, 1% of all GNOX sales is airdropped back to holders once every hour. So you can watch your stack grow taller while you’re sitting on a beach somewhere. No more grinding on DeFi platforms every day. 

Both of these features will benefit the earliest adopters of the GNOX token the most, so get in early and get in often. If it’s not sold out already, you can get the GNOX token at a discount before it becomes available on public exchanges by visiting the Gnox.io website. The platform officially launches on August 18th, at which time GNOX goes onto exchanges. 

Opportunity GNOX but once. 

PancakeSwap (CAKE)

PancakeSwap is a popular decentralized crypto exchange (DEX). The platform lets users swap cryptocurrencies with other users and it also offers yield farming opportunities. Investors can invest in and stake a variety of cryptocurrencies. In return, they earn a percentage of transaction fees from swaps. Investors who deposit funds into PancakeSwap for liquidity receive various tokens in return. These include CAKE, SYRUP, and FLIP. Crypto traders eat this stuff up. (Sorry again.)

PancakeSwap recently completed yet another token burn. Nearly 7 million tokens worth about $23 million were shoveled into the furnace. The CAKE token has gained about 50% in just the past couple of weeks, sitting now at just under $4.00. Once we find the bottom of this bear market, CAKE has a shot at pulling a 4X return on investment if it can reach its former glory price of $20.60.

QuickSwap (QUICK)

QuickSwap is the largest decentralized exchange on Polygon. The DEX recently entered into a cooperative partnership with CelsiusX, the DeFi arm of the Celsius banking and financial services, in an effort to bring more users — and investors — into DeFi.  

CelciusX allows for the creation of wrapped versions of popular cryptocurrencies like Cardano (ADA) and Dogecoin (DOGE) for trading on the Polygon (MATIC) network. CelciusX brings to Quickswap well-funded liquidity pools.

QUICK is a highly volatile cryptocurrency. It gained 50% shortly after announcing the partnership with CelsiusX. The price currently stands at around $86. If the token makes it back to its all-time high, it will produce a 1,000% return on investment if you get in QUICK. 

Learn more about Gnox:

Join Presale: https://presale.gnox.io/register
Website: https://gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
Instagram: https://www.instagram.com/gnox.io/

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

Latest posts by Guest Author (see all)

Related Posts


Introduction Volatility and unpredictability, which formerly enticed young people to invest and profit quickly, have now backfired. Recently, the cryptocurrency market plummeted spectacularly, sparking panic and dread…

The 3 Most Viable Options In The Current Crypto Market Recession: Quilvius, Ripple, And Solana

Although the benefits of crypto appear attractive, there are significant online concerns as well. The current crypto crash is the second significant crypto fall in less than a month….

Ethereum Scaling Platform Polygon Topped 37,000 Decentralized Apps This Year. Can Youniverze Finance Keep Up?

While the crypto market is making a U-turn, many have feared that the realm of DeFi will not recover from the abrupt downfall. The main reason behind…

$50,000 Added To Gnox (GNOX) Treasury To Keep Up With Bitcoin (BTC) And Cardano (ADA) Uptrend

The crypto community has been excited by the Bitcoin and Cardano uptrend, but Gnox’s project team has taken additional steps to ensure that it keeps up with…

Uniglo (GLO), Algorand (ALGO), and Flow (FLOW) Could Turn Bullish Late October

In a market that is flooding red because of rising inflation, high costs, and depreciating fiat money, many people are looking for viable options for investment. While…

Are XRP and BTC Being Offered as Rewards by Japanese Banks? –

Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing…