Cryptocurrencies are expanding across various sectors, and newer features are implemented now and then. However, most of these features can only be utilized by paying a token through transaction fees, as found on both the Solana and PancakeSwap networks. Most users turn away from these exciting features because of the fees involved. Big Eyes Coin (BIG) promises to fully remove transaction fees incurred on its network to allow its users to maximize their experiences on the platform.
Big Eyes Coin (BIG) Implements Non-Fungible Tokens (NFTs) that Give Users Access to Events and Rewards
Big Eyes Coin aims to generate wealth in the Decentralized Finance (DeFi) sector, one of the major sectors in the world’s economy. Its elements, including NFTs and even its native cryptocurrency, Big Eyes Coin (BIG), play a key role in building wealth for the platform. It is a decentralized platform that uses NFTs to give users access to rewards and events that builds hype for the crypto world.
There is no fee incurred whenever transactions occur on the platform, unlike Solana (SOL) and PancakeSwap (CAKE), making Big Eyes Coin (BIG) more desirable. Users will be required to participate in its NFT beauty contest to have a project feature in the top 10. These NFTs are a vital portion of the Big Eyes ecosystem as they give users access to events that may come up as the project progresses. Subsequently, Big Eyes Coin (BIG) is also important as it grants users access to these NFTs and the beauty contest.
Solana’s (SOL) Lack of Blockchain Validators Affects Its Decentralization
Solana is a platform built to host Decentralized Applications (dApps) in a way that scalability and speed are of utmost priority. It accomplishes this by adopting structural designs that enable faster transaction speeds with high flexibility to allow developers to build and launch applications using multiple programming languages. It is a Proof-of-Stake (PoS) blockchain but utilizes Proof-of-History (PoH), using timestamps to verify when a transaction occurs.
To achieve all of its features, Solana uses SOL, its native cryptocurrency, to execute smart contracts and send transactions. On the Solana network, Validators and Delegators receive a portion of newly issued Solana (SOL) tokens depending on the stake. Additionally, SOL token holders can unreservedly get to various tasks based on the Solana blockchain. There are few blockchain validators, so Solana (SOL) ownership is not decentralized.
PancakeSwap (CAKE) Employs Both Flexible and Fixed Staking
PancakeSwap eliminates the need for centralized bodies by building a decentralized exchange platform that allows users to trade their cryptocurrency. It operates on smart contracts built on the Binance Smart Chain. However, Binance does not necessarily affect PancakeSwap operations.
CAKE, PancakeSwap’s native cryptocurrency, manages the network’s protocol. It allows users to stake their tokens in a syrup pool to earn more PancakeSwap (CAKE) tokens or other coins. The stake could either be flexible or fixed. Flexible staking allows users to stake their tokens and earn rewards while allowing them to remove their stakes whenever they want. In contrast, Fixed staking gives users more rewards as their stake is locked over a long period until it elapses.
Users can participate in its lottery V2 feature, which allows them to purchase lottery tickets and win prizes in the form of PancakeSwap (CAKE). The supply of CAKE tokens is capped at 750 million.
Use this code for extra BIG tokens: SUSHI422
Big Eyes Coin (BIG)