Feeling the wind of the global recession, the world of DeFi might not avoid the falling exchange rates, which strongly swayed the value of many assets. Many of the cryptoassets were forced to suffer a loss of up to fifty percent in value. Investors seem to have lost confidence in many previously strong assets. So they found RenQ Finance while looking for new profitable alternatives.
New opportunities in DeFi have been discovered by a new project; RenQ Finance holds the key to a profitable future in the world of DeFi.
Early investors are already seeing the value of their holdings continue to rise.
RenQ Finance has already entered the second phase of pre-sales, everything in the first phase was sold out within days, which according to experts is a major advantage over other instruments.
However, already in the second phase, a huge amount of capital has flowed into the token from investors who believe that the price can even rise to the moon.
Investors bought more than 47 million RENQ tokens within days of the start of the pre-sale. Thus, the amount of equity they hold has risen to approximately $1,006,000 at the current price of $0.025/unit.
The fact that RenQ Finance was able to raise such a large amount of investment already proves that this token has a place in the DeFi sphere even in the midst of such turbulent times.
A RenQ Finance
RenQ Finance is a decentralized platform characterized by autonomy, transparency and anonymity. It provides DeFi services such as farming, staking, lending, swapping, all of which can be provided in a scalable, fast and secure way.
RenQ aims to connect all the isolated blockchains in the DeFi space and create a cross-chain network that serves as a platform for exchanging digital assets while providing the necessary support for the DeFi ecosystem. Users can now enjoy a truly decentralized and efficient experience while using various DeFi services on the RenQ platform.
About the RENQ token
RENQ is RenQ Finance’s native utility token. It is an ERC-20 token on the Ethereum blockchain that serves various functions within the RenQ ecosystem, such as governance, transaction fees, and rewarding liquidity providers.
RENQ token holders have voting rights in key decisions regarding the development and direction of the platform. RENQ has a maximum total supply of 1 billion tokens and will be distributed through a pre-sale phase and a public sale. The token attracted attention for its potential in exploiting the DeFi space and provides users with a faster, more efficient decentralized platform.
RENQ tokenomics
The RenQ token is an ERC-20 token with a total supply of one billion. Due to the finite supply, the token has become a very popular asset among investors.
500,000,000 units will be issued during the public sale, while 10% each will be owned by RenQ Pool, RenQ Vault, RenQ Farm and the listing. The RenQ team and Liquidity each hold 5% of the volume.
DeFi future ruled by bulls
Cryptocurrency naysayers are expecting a complete collapse of cryptocurrencies, but real investors have put their faith in the future of DeFi, as evidenced by this strong bull run for the RENQ token.
RenQ Finance represents the crypto itself that needs to be pushed higher in terms of price movement. The value of your token is expected to reach a much higher rate in the coming period, and this means a much higher percentage profit for early investors. Because of this, countless individual and institutional investors have already purchased the RENQ token.
Although the recent period has been very turbulent in the DeFi sector as well, the future looks more promising, especially in the case of RenQ Finance.
If you want to buy from RenQ Finance’s RENQ token, then click on this link.
If you want to get more information regarding the RENQ token, click on the links below:
Pre-sale: https://renq.io
White Paper: https://renq.io/whitepaper.pdf
https://www.youtube.com/watch?v=videoseries