These are 4 undervalued DAO Maker projects that are primed to pump
Popular crypto channel Altcoin Buzz shares with their subscribers 4 undervalued altcoin projects on DAO Maker, the original crypto DeFi platform and still represents a massive 51% of the launchpad space.
Delta Theta (DLTA)
First on the list is Delta Theta (DLTA), a peer-to-peer asset option trading platform. Currently, the solution is implemented on Polygon, Binance Smart Chain and Ethereum.
As the trader highlights, the platform targets different needs of varying crypto industry participants such as farmers and traders.
“While it gives farmers protection against dumping, it offers options trading to professional traders.”
He further clarifies:
“For example, if you have 1 ETH with a 4,000 USD, you can protect your asset with a protection rate for eleven days. That means, if the price of ETH drops to 1,000 USD, you can use your protection and sell your ETH for 4,000 USD. This protection rate costs 80 USD.”
Delta Theta wrapped options testnet was launched in Q3, 2021. Meanwhile, its mainnet is scheduled to be launch in Q4, 2021
Lossless (LSS)
Lossless is a hack mitigation tool for token creators. Its protocol freezes fraudulent transaction based on a set of fraud identification parameters and returns stolen funds back to the owner’s account.
To reduce the losses caused by vulnerabilities and hackers, token makers incorporate Lossless code into their systems. According to Altcoin Buzz, Lossless was put into action recently when it managed to recover ETH stolen from the Cream Finance protocol. In particular, Lossless showed a transaction where 5,152.5 ETH was rescued from a hack in late August.
LSS is Lossless’s native token. The crypto KOL highlights that it has 15,400% APY for farming. The token rose by 12.9% on October 18 and is currently trading at $1.37 at the time of recording:
“The price is expected to explode because, in total, 16 projects have already adopted the LSS standard, with 40+ more in the pipeline.”
Sienna Network (SIENNA)
Sienna Network is privacy and cross-chain decentralized finance platform where users can privately swap, lend and convert their tokens into their private equivalent.
The trader says that his reason for choosinng Sienna Network because it is the first blockchain with privacy-preserving smart contracts that are also scalable and have cheap costs.
“Sienna’s transactions are nearly instantaneous and cost only a few cents, and when paired with anonymity, front-running is successfully prevented. This boosts the user experience and allows all types of investors to participate, even smaller, without being charged exorbitant fees.”
Coinspaid (CPD)
Last on the list is Coinspaid (CPD), a BTC payment processing platform and a business crypto wallet that enables businesses to accept crypto payments in BTC, ETH, USDT, etc. Besides, Coinspaid is a payment leader in AIBC Summit and a company that provides innovative payment solutions in EGR B2B Awards 2021.
“Nowadays, it’s supporting more than 700 online businesses to accept crypto payments in more than seven years. Also, Coinspaid has processed USD 2.3 billion in crypto from January to August 2021 with over 9.5 million transactions.”
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