The POA Network is an Ethereum-based platform that offers an open-source framework for smart contracts. The project is an Ethereum sidechain that uses Proof of Autonomy as its consensus mechanism, relying on a set of pre-selected validators to secure the network. The validators' identity will be public.
Its purported benefits are the flexibility to code in Ethereum standards with the benefits of scalability and interoperability in blockchain networks.
The POA Network will allow organizations to build their own networks with their own validators and developers to deploy DApps.
What Is Swerve (SWRV)?
Swerve is a decentralized liquidity exchange pool that was forked from Curve. Similar to Curve, it is primarily focused on stablecoin pools. It launched with just one combined pool of Dai (DAI), USD Coin (USDC), Tether (USDT) and TrueUSD (TUSD). In December, the project reported that the pool had reached nearly $1 billion in total value locked.
As a decentralized autonomous organization, Swerve uses an Ethereum-issued ERC-20 token, SWRV, for governance in addition to rewarding liquidity providers.
The project was announced on Sept. 3, 2020, and launched the next day.
Who Are the Founders of Swerve?
Swerve was launched by a pseudonymous developer known as "John Deere" who started it as a passion project outside of his full-time job. When asked about his personal background in an "ask me anything" session, he stated that he is "just a lowly farmer" who likes "sane token distributions." He has also said that he has experience in software development and crypto.
Although he started it by himself, John Deere has given credit to the community for assisting in its design and implementation. He has said that while he is guiding the project during its initial growth, he hopes to pass on its development to the community.
In October 2020, Swerve governance voted to hire community member "FairlyRarePepe" as an additional developer.
What Makes Swerve Unique?
Swerve was launched as a community-focused alternative to Curve. Swerve's founder has been very critical of Curve, saying that the platform is not fairly governed and that its founder has too much power. Swerve's founder has said that it offers better swap pricing and larger annual percentage yields on stablecoins than other platforms.
Swerve also uses a reward gaming mechanism called "Boost" through which liquidity providers that lock up SWRV can receive a higher APY than those that don't boost. The rate at which one's APY is boosted is determined by a calculation that incorporates the number of tokens locked by the user and the total amount locked, among other factors.
Trading on the platform is subject to a 0.03% fee, of which 50% is awarded to liquidity providers and 50% is taken as an administrative fee and sent to the Swerve treasury, which is capped at $200,000. In October 2020, its governance voted to accept a grant to further build on decentralized finance platform Serum (SRM).
In October 2020, founder John Deer stated that his priorities for the project were to increase the platform's volume and better incentivize the holding of SWRV.
The exchange token powered by EXMO
What is Synthetify protocol?
What is Synthetify protocol?
What is Synthetify token used for?
Synthetify (SNY) is anticipated to hold the following utility: * Collateral for creation of synthetic assets on Synthetify. * Discount for performing swaps on Synthetify. * In the future SNY will represent vote in governance decisions.
How many SNY will be distributed?
What is Synthetify token used for?
Synthetify (SNY) is anticipated to hold the following utility:
* Collateral for creation of synthetic assets on Synthetify.
* Discount for performing swaps on Synthetify.
* In the future SNY will represent vote in governance decisions.
How many SNY will be distributed?
Total supply: 100,000,000
Who Are the Founders of Synthetify?
Who Are the Founders of Synthetify?
What is Synthetify protocol?
Synthetify protocol enables creation, exchange and burn of synthetic assets based on prices provided by a decentralized system of oracles. On Synthetify exchange trading is executed against the public debt pool that allows for almost infinite liquidity and zero slippage even during big trades. Participants of the debt pool earn pro rata exchange fees for acting as counterparties during trades. Debt pool participants need to constantly hold sufficient collateral in Synthetify tokens (SNY) to ensure platform stability.
What is Synthetify token used for?
Synthetify (SNY) is anticipated to hold the following utility: * Collateral for creation of synthetic assets on Synthetify. * Discount for performing swaps on Synthetify. * In the future SNY will represent vote in governance decisions.
How many SNY will be distributed?
The initial distribution of SNY is presents as follows:
Private Sale 6%
Team 20%
Ecosystem Reserves 30%
Exchange Liquidity 2.4%
IEO/IDO 1%
Ecosystem Incentivised Fund 20%
Liquidity Mining 10.6%
Synthetify Debt Pool 10%
Total supply: 100,000,000
*Team, Family and Private Sale tokens are subject to 4 years lockup program. In the future Synthetify will introduce perpetual inflation
Who Are the Founders of Synthetify?
Synthetify is built by a group of experienced blockchain developers to deliver safe and reliable blockchains systems. The company’s CEO and founder is Norbert Bodziony. We launched the project in 2020 in Poland and created a company, Synthetify Labs, in April, 2021. The Synthetify team participated in both Solana hackathons gaining 3rd place on the first one and 2nd place on the second Hackathon in 2021. Our primary focus is always on our product and user experience.
YOYOW, or “You Own Your Own Words”, is a blockchain-based network that aims to quantify participants’ contributions and give reciprocal value to participants in the content creation space with decentralized consensus methods. The goal is to provide incentives and reciprocal returns to content producers, content supporters, curators, and consumers of the content ecosystem.
Epanus is a decentralized token, based on the Ethereum encryption technology, which can be used as a reserve of value. Convenient when it comes to small daily transactions, and better in terms of value retention in the medium and long term. Through the Cloud Mining technology, where mining happens in the “cloud”, through a remote datacenter with high shared processing power, our platform provides users the possibility of mining tokens without having to necessarily manage the hardware.
In addition to being a decentralized token, Epanus provides the advantage of having fast and uncomplicated transactions within the Ethereum network. In addition, it is listed on several websites, such as the most popular one: Coinmarketcap. You can also negotiate your EPS in one of the well-known exchanges in the current market.
We use the Proof-of-Stake (PoS) protocol to authenticate the transactions made on the blockchain network. This protocol uses a process that chooses a node that will validate the block, almost randomly, but based on some important factors.
The initial mining of the Epanus Token will happen according to the current cloud PoW model, where miners are rewarded when solving complex equations. Epanus will have a maximum circulation amount of 15,000,000. The exact currency value can’t be estimated before its launch, because it will depend on the amount of network hashrate, supply and demand, and several other factors.