Here’s How SmarterWorx (ARTX) Compares To CurveDAO (CRV) And MakerDAO (MKR) At The Beginning

DeFi tokens are a variety of native coins for automated, decentralized networks that use smart contracts to run. These give customers access to several blockchain-based financial apps and services.

MakerDAO, a leading DeFi lending platform, has put up an "Endgame Plan" to strengthen the protocol, but it may have a negative influence on its stablecoin and liquidity pools. MakerDAO will be moved toward decentralization and robustness by the development team. However, this move may have a significant effect on CurveDao and other DeFi protocols that strongly rely on the DAI stablecoin.

Here is how SmarterWorx (ARTX) compares to MakerDAO and CurveDAO while it is still in the presale stage.

SmarterWorx (ARTX)

SmarterWorx is a cryptocurrency and art platform. SmarterWorx is creating a distinctive cryptocurrency with practical applications complemented by an expanding body of artistic work.

The native token of the Smarterworx platform is called ARTX. It is the first actual cryptocurrency asset in the world that is backed by actual artwork. After the presale is over, SmarterWorx will create a platform to transform how you buy modern art in addition to the ARTX token.

With SmarterWorx, you no longer need to be an industry insider or a multi-millionaire with a staff of art curators to reap the rewards of art. Previously, only a select few could benefit from the exclusive world of art collecting.

To fight the turbulence and unpredictability that non-asset-backed cryptocurrencies experience, SmarterWorx has created a ground-breaking method of using art portfolios.

SmarterWorx will trade art to route profits back to ARTX holders and expand the treasury. This is the first-time-seen that real art will be traded with the benefit of blockchain.

CurveDao

The Curve.fi system, which exchanges ERC-20 tokens with a particular focus on stablecoins, uses the utility token CRV. Facilitating users to swap stablecoins at low slippage/loss is Curve's primary objective. Curve financial platform is non-custodial, meaning users are in charge of their tokens at all times.

The protocol's utility token, CRV, is designed to reward liquidity providers and allows holders to take part in network governance.

MakerDao

A company called MakerDAO is working to create reliable currencies on the Ethereum blockchain, as well as technologies for borrowing and saving. It has developed a system that enables anybody to lend themselves cash in the form of the stablecoin DAI if they have ETH and a MetaMask wallet.

Users can generate a given number of DAI by keeping up a specific amount of ETH in MakerDAO's smart contracts; the more ETH that is locked up, the more DAI that can be generated. Users only need to repay their DAI loan and any associated costs when they're ready to access the ETH that served as collateral for the loan.

The decentralized financial infrastructure, or "DeFi" as the young people call it these days, has its fundamental layer established by MakerDAO on Ethereum.

Last Words

SmarterWorx is developing the world's first blockchain-powered fractional art investment platform. You will be able to access and invest in blue-chip artwork whenever you want, from anywhere, using the SmarterWorx platform. It compares to Maker and Curve by allowing all transactions and profits to take place without another human requiring custody of your assets.

The art-backed ARTX token, which is presently in the presale phase, will control the SmarterWorx platform.

For More Information:

Join Presale: https://smarterworx.io/buy/

Website: https://smarterworx.io/