The popularity of decentralized financing has skyrocketed over the past year, with many analysts pointing to the summer of 2020, when DeFi will be the main catalyst for over-the-air demos (ETH) and bitcoin (BTC).
Initially, investors could easily have a 4-digit annual percentage (APY) on an infinite number of attractive assets on Uniswap, but increased activity on the Etheruem network ultimately led to erratic increases in gas prices and severe network congestion.
These high gasoline prices have prevented the average retail investor from participating in even the simplest protocol interactions, such as endorsing a token or effort. Current Etheruem offerings do not provide immediate solutions to these problems, and this has prompted investors to seek out networks other than Ethereum that provide ROI and other DeFi capabilities.
Without a simple network solution for the high ETH fees planned for the near future, it is worth exploring some of the other options available on the competing blockchain networks.
One such option is WINk (WIN), a Tron-based gaming platform (TRX) that allows users to play, communicate and place bets across various blockchain systems using the native WIN token.
Low commission, rate with multiple assets
To interact with the WINk protocol, a Tron wallet with approximately 8 TRX is required, which is roughly $ 0.48 at the current price.
Compared to $ 40 (or more) in Ethereum transaction fees, the ability to conduct multiple transactions over a few days for less than a dollar is very attractive to the average investor.
Like many DeFi platforms, the WINK platform has a variety of token betting options in the ecosystem, including TRONbetDice (DICE) and TRONbetLIVE (LIVE), which allow token producers to capture a share of the revenue from the activities that take place in these games.
According to the project’s latest monthly report, the annual percentage of inclusion of WIN, DICE and LIVE in the protocol for January was 64%, 123% and 137%, respectively.
Since WIN is currently trading at $ 0.000394, while DICE and LIVE are less than $ 0.05, the lower entry cost, betting and withdrawal costs may be more attractive to the average retail investor when compared to high-tiered tokens like Yearn.Finance YFI (and WAV).
Evidence that traders are starting to notice this opportunity can be found in the trend of the recent WIN price, which rose 700% from the $ 0.000058 low on Jan 1 to the high of $ 0.000477 on Jan.20. March thanks to a record trading volume of $ 344 million. …
VORTECS ™ data from Cointelegraph Markets Pro began to show an optimistic outlook for the WIN on March 18th, before the latest rally.
Cointelegraph’s exclusive VORTECS Crude Score is a mathematical comparison of historical and current market conditions drawn from a range of data points, including market sentiment, trading volume, recent price movements, and Twitter activity.
VORTECS ™ (green) indicates the price for WIN. Source: Cointelegraph Markets Pro
As shown in the chart above, the VORTECS ™ score of 65 was scored multiple times on March 18th, and the last 65 times were recorded around six hours before the WIN scored 90%.
With activity in the cryptocurrency sector increasing due to the usual influence on well-known institutional investors and influencers like Elon Musk and Mark Cuban, the ecosystem is preparing for a steady influx of new users who want high returns on small investments.
Ventures like WIN are well positioned to partially reverse this growth as small investors search for alternatives outside of the Ethereum grid