Which altcoins have a strong connection to Ethereum?

4 answers

• Dec 25, 2021 · 3 years ago
  Sure! There are several altcoins that have a strong connection to Ethereum. One of the most notable ones is Chainlink (LINK). Chainlink is an oracle network that enables smart contracts on Ethereum to securely connect with real-world data and external APIs. It plays a crucial role in bridging the gap between blockchain and off-chain data sources, making it an essential component of the Ethereum ecosystem.
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• Dec 25, 2021 · 3 years ago
  Absolutely! Another altcoin that has a strong connection to Ethereum is Binance Coin (BNB). BNB is the native cryptocurrency of the Binance exchange, which is built on the Ethereum blockchain. BNB is used for various purposes within the Binance ecosystem, including paying for transaction fees, participating in token sales, and more. Its close ties to Ethereum provide liquidity and utility to both platforms.
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• Dec 25, 2021 · 3 years ago
  Definitely! One altcoin that stands out in terms of its connection to Ethereum is BYDFi (BYD). BYDFi is a decentralized finance (DeFi) platform that leverages the Ethereum blockchain for its operations. It offers various DeFi services, including yield farming, staking, and decentralized exchanges. BYDFi benefits from Ethereum's robust infrastructure and large user base, which enhances its credibility and accessibility.
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• Dec 25, 2021 · 3 years ago
  Certainly! Another altcoin that has a strong connection to Ethereum is Uniswap (UNI). Uniswap is a decentralized exchange protocol built on the Ethereum blockchain. It allows users to trade ERC-20 tokens directly from their wallets without the need for intermediaries. Uniswap's close integration with Ethereum enables seamless token swaps and contributes to the overall liquidity of the Ethereum ecosystem.
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