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Two Undervalued DeFI Tokens set to Boom!

Hello everyone, I wanted to share some undervalued coins with massive potential. So here it is, my top defi-alts that I think more people should be paying attention to. Since everyone’s investment strategy is obviously different, I thought it would be best for me to start by listing my qualifications for a low cap ‘crypto-gem.’

 

  1. Distribution -- How were tokens distributed when the token was made, are there any bagholder’s that could tank the asset in a day or exit scam?
  2. Utility -- Does the token have a use case? Is this use case original? Does this use case cause a positive feedback loop that pumps the price? 
  3. Scalability -- Is the system simple enough to be replicated, and to grow?
  4. Transparency -- Is the project open, and in communication regularly with it’s holders. Back on distribution a bit, where is the project’s funding going?

Now that we've gotten that taken care of, lets continue on to what you're here for :)

$AKRO -- Akropolis Decentralized Interoperability blockchain (ERC-20)

 

Description: -- Akropolis is a decentralized finance protocol that aims to fulfill the basic financial needs of those investing in the growing multi-billion-dollar crypto market in one aggregated space. They’re providing a platform that allows users to easily create their own DAOs, borrow, lend, stake, DCA, and farm yield. None of this sounds new, so what makes Akropolis so great? Well first, the fact that you can find all of these investment tools on one great website...but most notably, you only have to provide 50% collateral to take a loan. They’re the first to try to change Maker DAOs over-collateralization model. In the essence, they’re trying to provide a loaning system most similar to a traditional bank.

Key Notes:

  • Akropolis was just audited by CertiK in August of 2019.
  • Q4 2020 Mainnet launch that is bringing staking so people are accumulating right now, which is driving the price up.
  • Regularly active team.
  • Currently #146 in market cap at about $52m, and #27 if you're only counting defi tokens. Regardless there’s plenty of room to grow.

$RSR -- Reserve Rights Protocol (ERC-20)

 

Description: -- Reserve Rights Protocol is a project with the goal of combating hyper-inflated currencies such as Venezuela’s Bolivar, which has an average yearly inflation rate of about 4,000,000%. The protocol consists of two tokens: RSR and RSV, each of which play their own vital role in the Reserve Rights economy. RSV is their stablecoin, which is collateralized by a ‘basket’ of stablecoins such as USDC, DAI, USDT with the intent of reducing risk in any one stablecoin. RSR is used to mint RSV, and in the future RSR holders will be able to take advantage of Reserve Right’s auto-arbing feature, allowing holders to farm additional yield.

Key notes:

  • Deflationary token, meaning by nature it increases in value over time.
  • Many venture capitalists are behind the project such as Coinbase’s investment branch.
  • Coinbase announced they’re exploring the possibility of listing RSR.
  • Currently #100 in market cap at about $83m, and #19 if you're only counting defi tokens. Regardless there’s plenty of room to grow.
  • Plans to release their auto-arbing Q1 2020 at the latest.

 

If you're interested in talking to like-minded people about the next token set to launch, feel to join my Discord linked below :) It was just recently created, so there's close to no members, but time will change things. Thanks for your time, see you on the next one!

 

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