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Gorilix, a new Defi platform looking to shake up the industry, has recently seen a big boost as many DOGE holders have decided to join the community. DOGE is well known for being focused on the community. Gorilix takes this one step further by allowing users to use the token for additional use cases on the Gorilix Defi platform. Additionally, SILVA tokens will be used for liquidity in the Gorilix Exchange, allowing customers to trade tokens on the open market. This makes Gorilix a very attractive option.
Dogecoin is a cryptocurrency created in December 2013 as a joke based on the "Doge" Internet meme. Its popularity has grown quickly in the internet realm. By January 2014, it had amassed a market capitalization of $60 million; as of December 2017, it had a market capitalization of US$340 million. Dogecoin is often referred to as the original memecoin. Billy Markus and Jackson Palmer, the minds behind Dogecoin, set out to create a fun cryptocurrency that could appeal to a wider audience than Bitcoin, with its fun community-centric nature.
The Dogecoin community is very active, and recently ranked as the fifth largest community in crypto. With many joining the community during the meteoric rise from 2020 to 2021, which saw DOGE enter the list of top 10 biggest cryptos as its market cap reached billions.
Gorilix is a new Defi platform looking to shake up the industry through its product ecosystem and the SILVA token. SILVA is the native token of Gorilix Defi and is on presale now. In the presale phase so far the price of Gorilix has jumped from $0.008 to over $0.02858.
SILVA token will be offered as a reward for Gorilix Defi customers who save, stake and lend through the platform. The token will also be used to provide liquidity on Gorilix exchange, a DeFI exchange that offers the unique prospect of cross-chain token swaps.
SILVA will be released on the Ethereum blockchain network (ERC20) at launch and then will be released on the Binance Smart Chain (BEP20) soon after.
DOGE holders see similarities in the token being community focused but with the bonus of the Defi platform, which gives additional use cases to the token.
Gorilix's business model is based on its support for lending, borrowing, and incentives to save. In this regard, each Gorilix holder acts as a bank in their own right, lending money to offer liquidity when others require it and borrowing against their reserves to pursue investment possibilities. As a result, Gorilix's value proposition appears to be finding a following during its first presale stage.
SILVA token holders have already seen the benefits of holding onto their tokens, as the price has been steadily increasing by more than threefold. Gorilix is scheduled to debut on Uniswap in September 2022; with more and more people getting involved in Defi, the price of SILVA is expected to continue to rise. So, if you are looking for a fun and friendly community with great potential, Gorilix is the perfect place for you!
To buy your SILVA tokens or learn more about Gorilix DEFI, visit https://gorilix.io.
To register for the Gorilix (SILVA) presale: https://cabinet.gorilix.io/sign-up
To join Gorilix on Telegram, Twitter & Instagram: https://linktr.ee/Gorilix
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