Best Hidden Gems to Invest in 2022: Aave (AAVE) & SupertideFi (SPT) 


Decentralised Finance (DeFi) coins have captured the attention of many cryptocurrency investors and people outside the crypto community who are considering entering the market for the first time. The utility and significance of these DeFi coins, in particular, cannot be overstated. SupertideFi news…

DeFi platforms have enabled users to borrow, save, lend, or trade cryptocurrency without the use of traditional financial market bureaucracies. Many crypto aficionados are convinced that the top DeFi coins are a good place to invest because of their popularity. But sometimes, the most popular crypto projects are not necessarily the best cryptocurrencies to invest in. Therefore, in this article, we will discuss Aave(AAVE) and SupertideFi (SPT) — two of the best DeFi coins to invest in in 2022 and beyond. 

Aave (AAVE) 

Aave is the pioneering crypto-lending platform of its kind. The Aave ecosystem took a different approach to replace the failing lending system, which is generally oppressive to both borrowers and lenders, while other cryptocurrencies compete to become means of exchange to replace fiat currency. Aave is a decentralized finance (DeFi) platform that enables direct lending and borrowing of cryptocurrencies and real-world assets (RWAs) between users. Users pay interest when they borrow, and they receive interest when they lend. The Aave platform’s developers went above and beyond to increase accessibility. Anyone with access to this platform can connect with other users as a lender or a borrower from anywhere in the world. The Aave platform is open to both retail and institutional investors, unlike some niche financial institutions like international banks that only cooperate with states and institutions. More investors will have access to the system largely owing to this access, which will increase the amount of money flowing through it. 

All of the ERC20 tokens on the Aave network, which were initially built on top of the Ethereum network, use the Ethereum blockchain to process transactions. Avalanche, Fantom, and Harmony are a few of the chains that Aave has since expanded to. Decentralized autonomous organizations, also known as DAOs, are used by the protocol itself. This means that those who own AAVE tokens and use them to cast votes are in charge of running it. You can anticipate it to expand significantly as a result of the decentralization concept’s unparalleled transparency. Given that they have control over their money, the majority of lenders and borrowers long for a transparent system. Aave has a total supply of about 13.4 million tokens, with a current market price of over $134 per token. The value of one AAVE token multiplied by the total number of tokens in circulation equals approximately $3.9 billion. An investment in a token with a high capitalization is always a good idea.

SupertideFi (SPT) 

One of the most recent additions to the cryptocurrency market is SupertideFi. SupertideFi is designed to make DeFi solutions available to the general public so that old and new users in the cryptocurrency industry can use blockchain technology to their advantage and build wealth for themselves. The team at SupertideFi intend to achieve this by developing a cutting-edge platform that will draw users in with unique use cases such as its user-centred philosophy, adaptable reward structure, and investment insurance.

The DeFi platform developed by the team at SupertideFi is created to have a simple, intuitive user interface. The user community is encouraged to support the altcoin through a functional reward system. Also included in the use cases of this upcoming crypto platform is the distribution of insurance funds to users per the tokenomics that the development team has outlined. Custom smart contracts, bridges between decentralized tokens, cross-chain decentralized applications, etc. will all be among the use cases for this DeFi platform. On the SupertideFi platform, SPT is the native token.

SupertideFi (SPT)





Leave A Reply

Your email address will not be published.