HomeSponsoredKelexo (KLXO) Takes on Aave (AAVE) With the Backing of Uniswap (UNI)...

Kelexo (KLXO) Takes on Aave (AAVE) With the Backing of Uniswap (UNI) & Ethereum (ETH) Investors Pre-BTC Halving


Decentralized finance (DeFi) has seen its share of lending protocols that mooned during the last bull cycle of 2021. Aave (AAVE) comes to mind and so does Compound (COMP). However, ahead of the next Bitcoin (BTC) halving and the bull run it is expected to bring in 2025, they aren’t expected to recreate the same godlike charts they did in 2021.

Instead, DeFi will be driven by newer, more futuristic and more innovative protocols and the biggest gains will be found in projects that haven’t gone through a proper bull cycle yet. And one new DeFi presale sensation is drawing looks from whales across the crypto world: Kelexo (KLXO). Uniswap (UNI) and Ethereum (ETH) holders are getting in on stage 2 of the Kelexo (KLXO) presale, with the latter set to become one of the year’s top presale investment opportunities of the year.

Uniswap (UNI) lags behind other DeFi protocols in activity

GitHub commits are a good indication of ongoing development activity in a project. A project can have a massive market capitalization, but could have sparse development activity, indicating a project built solely on hype. According to crypto analytics firm Santiment, Uniswap (UNI) is lagging behind in the list of rankings of leading DeFi protocols by development activity, compared to Osmosis (OSMO), which topped the rankings with 169 commits. Nevertheless, Uniswap is banking on new features to keep it relevant within the DeFi world. 

Ethereum (ETH) showing lack of directional bias?

Ethereum (ETH) scaled the heights of $4,000 earlier this month on March 12th, when it soared to heights of $4,090 until crashing shortly thereafter to just above $3,000, representing a 25% plummet for the leading Layer-1 blockchain by market capitalization. As of March 28th, however, Ethereum (ETH) has mounted a comeback, trading at $3,562 as of press time. However, the Relative Strength Index of Ethereum (ETH) has dropped to the low 50s, indicating a lack of directional bias from bulls or bears, despite Ethereum (ETH) showing an overall bullish chart..

Kelexo (KLXO) poised to take the throne from Aave (AAVE)

Aave (AAVE) was among the biggest lending protocols of the last bull market for its unique value proposition. But in 2024, it’s more like an afterthought. Many DeFi users are moving on and onwards from DeFi protocols of yesteryear in favor of newer protocols with greater upside potential to peak in the next bull market of 2025.

That’s exactly where Kelexo (KLXO) comes in. Kelexo (KLXO) iterates on Aave (AAVE) value proposition, creating an easy to use lending protocol that’s as easy as browsing on Amazon to avail of or to provision loans…without the middlemen, intermediaries, or KYC that prevents everyone from availing of credit. 

It’s a significant upgrade from more complex protocols like Aave (AAVE), which has seen its user base dry out, considering it is more focused on experienced users. Kelexo (KLXO), meanwhile, has the potential for mass adoption due to its familiar marketplace format. Kelexo (KLXO) removes the barriers that hinder the adoption of decentralized peer-to-peer lending and makes it palatable for the masses.

That makes its native token Kelexo (KLXO) packed with potential. With Kelexo (KLXO) tokens available at just $0.05 as of stage 2 of Kelexo (KLXO) presale, it’s an ideal opportunity to be at the forefront of the next big trend in DeFi.

Find out more about the Kelexo (KLXO) presale by visiting the website here.

*This article was paid for. Cryptonomist did not write the article or test the platform.

Crypto Advertising
Crypto Advertising
Do you want an article to be published on Cryptonomist? Do you want to advertise your project? Send an email at [email protected]