Review on LGCY Network by Stephen Toluwani
The Strive to complete Decentralization by the Legacy Network.
Legacy network is an Ethereum based project which by my view has no other specific use case except for trying to achieve complete decentralization by distributing it's tokens to let the community take over the project. It's most lucrative selling point though is found in it's yearly returns which tops 56% Annual Percentage Yield paid to it's stakers and voters through it's stable coin LFUEL as it runs on DPoS.
The only reason most investors might be looking into this project is it's staking rewards
The legacy network boasts of executing 2000 transaction per seconds which can be a good hedge for the
It's strive to complete decentralization is commendable also and hopes for listing the token on various exchanges can give an upper hand to it's future in times to come
Pros
- It offers a 56% APY for it's stakers in it's stable coin; LFUEL
- It's a project that Strives for complete decentralization
- Low transaction fee topping $0.01 per transaction carried out on average
Cons
- Has an incredibly high total supply which may not give the price a sky touching price per coin
