By Optimism (OP) Performs Strongly, but Holders Are Diversifying to This New Project – Here’s Why
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Since its launch in 2022, Optimism (OP) has had a steadily growing community and overall positive performance. However, despite analysts predicting a bright future for the token, a new revolutionary DeFi project has stolen its spotlight, attracting Optimism (OP) holders with its forecasted 35x presale gains and a 100x increase once it lists on major exchanges.
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Optimism Set for a Positive 2023
Optimism (OP) is an extension of Ethereum, making it a Layer-2 blockchain. Optimism (OP) primarily aims to scale the Ethereum ecosystem and provide faster and cheaper transactions while using the Ethereum security features and network.
Optimism (OP) is popular among investors due to its simplicity and many real-world use cases. Additionally, the Optimism (OP) network is focused on providing long-term sustainability and a more optimized environment where Optimism (OP) developers can easily create Ethereum apps.
Currently, the Optimism (OP) token is trading at $2.15. Moreover, analysts believe that due to increased Optimism (OP) network activity, the Optimism (OP) price could reach $3.38 before the year ends.
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What Project Are Optimism Holders Diversifying To?
Collateral Network (COLT), currently in its presale, is the new ground-breaking project that has attracted the attention of Optimism (OP) holders. Collateral Network (COLT) is an innovative DeFi project that enables borrowers to liquidate high-value, real-world assets on the blockchain, including cars, watches, and jewelry.
Namely, borrowers send their assets to Collateral Network (COLT), where its fully-doxed team uses AI to evaluate the asset. Then, the Collateral Network (COLT) mints an NFT of the asset and fractionalizes it into smaller pieces. This enables multiple lenders to fund the loan with smaller amounts and receive fixed-interest payments in return. The Collateral Network (COLT) team calls this fractional lending.
Finally, after the borrower pays the principal loan and interest, Collateral Network (COLT) redeems the asset from its highly-secure vault and burns the NFTs.
Currently in its presale, Collateral Network (COLT) has attracted more and more investors following a 40% price surge in the past few weeks. Additionally, experts believe that the Collateral Network (COLT) token will deliver 3500% returns to its holders, outperforming most of its competitors.
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Why Is Collateral Network (COLT) Expected to Offer 3500% Returns?
Aside from being the first DeFi project on the blockchain that allows people to borrow against real-world assets and get crypto loans, Collateral Network (COLT) offers numerous exclusive benefits that could revolutionize the crowdlending industry. Some of them are listed below.
Opportunity for a Fixed Passive Income Stream: Investors can receive weekly fixed-interest passive income by lending money to borrowers.
Better Liquidity: Each NFT is backed 1-to-1 by a physical asset, which is stored in COLT’s highly-secured vault.
Improved Security: If a borrower defaults on a loan, COLT takes control of the underlying asset and sells it at a private online auction to recover the investors’ funds.
Quick Turnaround: Borrowers can receive the funds they need within 24 hours.
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Conclusion
Collateral Network (COLT) is creating a lot of buzz with its 3500% growth potential. Additionally, it attracts new investors each day with its potential 35x returns, making it an excellent long-term investment. So, with a doxxed team and its fully-audited token and secure foundation, COLT is positioning itself to climb to the top of the DeFi industry.
Presently, its presale price stands at $0.014 but with the demand will not remain at this price for long. Experts believe that now is the time for investors to stock up on COLT tokens while they are still dirt cheap!
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
