According to Joe Parys, Altcoin with 100X Rise Potential Is Preparing To Be Launched!

Sharing his views in a video he recently posted Joe Parysthinks that a new altcoin that will be released in the next few days has a 100x chance of gaining value.

VeleroDAO (VDGT)

Joe Parys, who thinks that the altcoin called VeleroDAO can increase 100 times, VeleroDAOHe stated that ‘ is the protocol behind the stablecoin named USDV.

“We forked MakerDAO for Velas Blockchain to have its own stablecoin. So VeleroDAO represents the main infrastructure project in Velas. USDV is the first collateral-backed stablecoin on the Velas Blockchain. You can print USDV by adding assets from Velas as collateral. Protect your funds, use the full potential of your assets and trade with VeleroDAO.

VeleroDAO is the governance protocol behind USDV, the first collateral-backed stablecoin for Velas, the fastest and most secure blockchain network in existence.”

Parys adds that VeleroDAO is not only the first mover in Velas, but also received the highest grant from the Velas Grant Program. He added that by forking MakerDAO for the Velas network, VeleroDAO has become the main infrastructure project in Velas. This represents a vital building block in the emerging Velas DeFi ecosystem.

Creates a Collateralized Debt Position (CDP) by depositing $VLX into the VeleroDAO smart contract – with just 1 simple step to generate USDV, allowing users to use crypto as collateral. After that, USDV starts working as a hedging mechanism to protect capital.

ValeroDAO, the first of which will be the first stablecoin to be featured on the Velas blockchain USDVis . The second key element will be the ValeroDAO economy and their native token, the VDGT token. This token will act as a utility token that helps maintain the stability of the entire system. Unlike USDV, which will be a stablecoin, this will not have a fixed rate and will grow with the value of the platform.

“USDV will be the first collateral-backed stablecoin, and you can print USDV by adding assets from Velas as collateral.”

“If you can get into these pre-sales and the initial market cap was just $140,000, even if the market is falling, that shows there is huge upside potential. Even when all markets turn red, the Velas and Velas ecosystem will continue to grow. They continue to innovate in construction and build better partnerships and build a really good ecosystem.”

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.

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