Trade Alert (Micro Cap)

2 min read

Hey everyone I had a message on my Twitter of a coin that I think is promising. This coin has only a $6.7 million dollar market cap and it has a good amount of volume so that slippage isn’t going to be much which is nice. I placed my slippage at 3 percent. 

I am going to past the Etherscan link here:
https://etherscan.io/token/0xB0Ed33f79D89541dfdCb04A8f04Bc2c6be025eCC

I bought this at 86 cents and used about 1 percent of my cash.

Contract address: 0xB0Ed33f79D89541dfdCb04A8f04Bc2c6be025eCC

Zero Liquid Token (ZERO) is the native token of the Zero Liquid protocol. It is a decentralized finance (DeFi) protocol that offers interest-free, liquidation-free, and self-repaying loans for LSD tokens.

LSD tokens are a type of DeFi token that represents a user’s share in a liquidity pool. Liquidity pools are used to provide liquidity to decentralized exchanges (DEXs). By providing liquidity to a DEX, users can earn fees on the trades that occur in the pool.

Zero Liquid allows users to take out loans against their LSD tokens without having to pay interest or worry about liquidation. This is because the protocol uses a unique mechanism to repay the loans. The protocol uses the rewards that are earned from providing liquidity to the DEX to repay the loans. This means that users can take out loans against their LSD tokens without having to worry about losing their collateral.

ZERO tokens are used to govern the Zero Liquid protocol. Users can stake ZERO tokens to participate in voting on proposals that affect the protocol. ZERO tokens are also used to pay for fees on the protocol.

Keep in mind this is a VERY RISKY coin to get into because the market cap is very low. Please do your own research if you do decide to copy my trade. This is NOT financial advice! This is just what I did with my own money. 

Have a great rest of your day 

Toby

Disclaimer: This article is for educational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk; you should always do your own research before making any investment decisions.