Big Eyes Coin Competes Effectively Against an Established Crypto Token Like Aave

Cryptocurrencies, which allow instant, secure, and permissionless transactions, have revolutionized the global banking sector. Big Eyes Coin (BIG), a relatively new cryptocurrency token, is positioned to make a significant contribution to the development of the decentralized finance industry. 

In this article, we will look at how Big Eyes Coin (BIG) stands out from other tokens like Aave (AAVE) and how its growing community may help it achieve its goals. This post will briefly overview the two crypto tokens and their potential applications.

The Open Source Liquidity Network - Aave 

Aave meets all the criteria for a decentralized lending protocol since it enables users to borrow and lend cryptocurrencies without the involvement of a central bank or other financial institution. Users that participate in this DeFi protocol by lending out their extra cash receive interest payments, while those who take out loans must pay those rates on their loans.

Aave is a decentralized platform for lending where smart contracts manage the ecosystem. This DeFi technology was developed on the Ethereum blockchain and is freely available to the public. When token holders lend their tokens to other token holders, the smart contract handles the transaction on both sides. As an overcollateralized lending platform, the Aave Protocol mandates that borrowers pledge assets with a value greater than the loan amount. Loans are obtained not through P2P exchanges but from liquidity pools in Aave, an algorithmic money market.

The borrower must put up more collateral than the loan they are requesting. The lender makes a short-term loan to the pool in exchange for token interest. For those who have AAVE, the ecosystem's native token, this means a voice in policy-making decisions. Ideas can be submitted and voted on by the community.

The Cat Currency - Big Eyes Coin 

Big Eyes Coin (BIG) is a novel take on meme coins since, unlike its forebears, it adopted a cat-based mascot to represent its brand. The new cryptocurrency Big Eyes Coin aims to protect the oceans while fostering financial success.

With the help of the influencer economy, the new coin plans to inject capital into the Decentralized Finance (DeFi) ecosystem. Simply based on the fact that its gorgeous, beloved kitten has the potential to be adopted and backed by worldwide celebrities and influencers, Big Eyes Coin deserves praise for its savvy marketing strategy. Furthermore, Big Eyes is so sure of its success that it has allocated five per cent of its tokens to advertising.

Big Eyes Coin (BIG), with its philanthropic mission to save oceans by donating to NGOs that dedicate their time and effort to conserving water-based ecosystems, continues to worm its way further and further into the hearts of the general public. Big Eyes has contributed 5% of its total token supply to a charity wallet. This wallet will be used to distribute donations to ocean sanctuaries situated all over the world.

Check out these links to learn more about Big Eyes Coin (BIG):

Presale: Big Eyes - Presale is live.

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.