If you’ve been around crypto for a while, then you must have heard about the Tezos blockchain. Tezos differs from most blockchains in several ways. It operates what it calls a “self-amending blockchain.” Tezos sounds a bit complex in its implementation. But the ...
If you’ve been around crypto for a while, then you must have heard about the Tezos blockchain. Tezos differs from most blockchains in several ways. It operates what it calls a “self-amending blockchain.”
1) Plenty DeFi
The platform’s high-yield farming also makes it attractive. The Plenty protocol enables users to transact with one another anonymously using liquidity provided by other users.
— Plenty(@plenty_network) April 29, 2023
Plenty focuses on increasing DeFi use cases on Tezos. The goal is to enable traders, liquidity providers, and developers to participate in a decentralized, vibrant, and transparent financial marketplace.
2) Quipuswap
New farmsIn addition, we launched new farms for these pools to reward users in QUIPU tokens:
– New kUSD/uUSD/USDt farm with 250 QUIPU daily rewards
– New uXTZ/TEZ farm with 100 QUIPU daily rewards
– New tzBTC/uBTC farm with 100 QUIPU daily rewardsThanks for being with us— QuipuSwap (@QuipuSwap) April 20, 2023
With liquidity pools and an AMM, QuipuSwap functions similarly to Uniswap or pretty much to any other DEX. Quipuswap charges 0.3% in transaction fees for trades, including fees for adding and withdrawing tokens.
3) Vortex Protocol.
The platform’s trading pairs show charts and analysis of price volatility and price history. Additionally, the data leaves out the history and records in the chart. So, each data point generates new data.
Vortex will be the first app, and the foremost perps exchange to launch on Sei.
— Vortex Protocol (@VortexProtocol) August 31, 2022
The vortex’s regular transaction fee is 0.28%, which is remarkably low given that the revenue model was developed with long-term growth in mind. The platform also gives users the option to store digital tokens on various farms and claim their price when convenient.
As of this article, the XTZ token trades at $0.998029.