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Move Over Cardano: New DeFi Protocol Hits 12 Thousand Users in First Month

Jordan Avery by Jordan Avery
February 23, 2025
in Press Releases
Reading Time: 6 mins read
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Move Over Cardano: New DeFi Protocol Hits 12 Thousand Users in First Month
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In the ever-evolving world of decentralized finance (DeFi), new protocols are emerging at a rapid pace, capturing the attention of investors and enthusiasts alike. Among these, Skyren DAO has made a remarkable entrance, hitting 12,000 users in its first month. This achievement is not just a testament to its innovative approach but also highlights the growing demand for platforms that prioritize user rewards and community engagement. As Skyren DAO gains momentum, it’s time to explore how it stacks up against established players like Cardano and why it might be the better investment option.

Skyren DAO: The First Airdrop Collection DAO

 

Skyren DAO is the world’s first airdrop collection decentralized autonomous organization (DAO). While it participates in traditional DeFi activities such as lending and liquidity provision, its primary focus is on collecting airdrops from various projects. This unique approach allows holders of the SKYRN token to earn a diverse array of rewards.

 

With an anticipated average return of 216% APY, Skyren DAO is quickly becoming a favorite among crypto lovers. The platform’s innovative features include:

  • AI-Driven Governance: Utilizing artificial intelligence for decision-making and optimizing airdrop strategies.
  • High-Yield Staking: Users can stake their SKYRN tokens to earn additional rewards while participating in governance.
  • Referral Program: Participants receive a unique referral code when purchasing SKYRN tokens during the presale. Both the referrer and the new buyer receive a 10% token bonus, making it easier for the community to grow.

Learn all about the Skyren Referral Program here.

With Phase 2 of its presale currently underway at just $0.03, Skyren has already raised over $250,000, showcasing strong investor confidence. The total supply is limited to 11 million tokens, with an expected launch price of $0.15, offering investors an impressive potential ROI of 500%.

Skyren DAO

Why Skyren DAO is Gaining Insane Praise

Skyren DAO has been receiving accolades from crypto influencers and experts alike. Notable YouTubers such as Ben Crypto, 2Bit, Crypto Bull, and many others have praised Skyren for its innovative approach to DeFi and its potential for high returns. Their endorsements have helped Skyren gain traction among both seasoned investors and newcomers to the crypto space.

 

The platform’s focus on safety with audited smart contracts and on automating airdrop collection has resonated with users who are tired of manually searching for opportunities. Instead of spending hours trying to qualify for various airdrops, Skyren users can sit back and let the platform do the work.

Skyren

Cardano: A Brief Overview

While Skyren DAO is making waves, it’s worth briefly mentioning Cardano. Launched in 2017, Cardano aims to provide a secure and scalable blockchain platform for smart contracts and decentralized applications (dApps). However, Cardano faces criticism regarding its slow development process and scalability issues, which may hinder its ability to compete with newer protocols like Skyren.

  1. Centralization Concerns: Critics argue that Cardano’s governance model lacks true decentralization, as key decisions are made by a small group of stakeholders.
  2. Slow Adoption: While Cardano has made strides in building partnerships, its adoption rate has not kept pace with newer projects that offer more immediate benefits to users.

In contrast, Skyren’s community-driven governance model empowers SKYRN token holders to participate in decision-making processes actively, fostering loyalty and engagement.

 

Join Skyren DAO and secure your tokens today.

How to Receive Your SKYRN Tokens

To claim SKYRN tokens from the presale, participants must submit their receiving address within their Skyren account.

  • Log In: Access your Skyren account using your credentials.
  • Go to Token Distribution: Navigate to the token distribution section.
  • Enter Your Polygon Address: Input a valid Polygon-compatible wallet address.
  • Confirm and Submit: Double-check the address and submit it.
  • Verification: Skyren verifies the address and links it to your token allocation.

Conclusion

As 2025 unfolds, Skyren DAO is rapidly emerging as a major force in DeFi, revolutionizing airdrop collection and community-driven growth. With endorsements from top crypto influencers and a surge of 12,000 new users in just a month, its momentum is undeniable.

While Cardano has contributed to blockchain innovation, its limitations create space for more adaptable projects like Skyren to take the lead. With user-friendly features and strong earning potential, SKYRN tokens present a compelling investment opportunity this year.

Phase 2 started! Click here to get your SKYRN tokens.

 

Website: https://skyren.io/

Telegram: https://t.me/SkyrenDAO

X: https://x.com/Skyren_Official

Tags: automated airdrop collectionCardano comparisoncrypto influencers praiseDeFi protocol growthSkyren DAOSKYRN tokens purchase guide
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