Venus

Venus Protocol Back Online After Terra Price Crash

Top 10 BNB Chain Projects in 2022

## ما هو Venus (XVS)؟

إنّ Venus سوق نقود خوارزمي وبروتوكول عملة مستقر مُركب تم إطلاقه حصريًا على BNB Chain.

يُقدم البروتوكول حلاً سهل الاستخدام لإقراض واقتراض الأصول المشفرة إلى النظام البيئي للتمويل اللامركزي ([DeFi](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance))، مما يُتيح للمستخدمين الاقتراض مباشرة مقابل الضمان بسرعة عالية مع تكاليف رسوم المعاملات أقل. بالإضافة إلى ذلك، يسمح Venus للمستخدمين بسك عملات VAI [المستقرة](https://coinmarketcap.com/alexandria/article/what-is-a-stablecoin) حسب الطلب في غضون ثوانٍ عن طريق نشر ما لا يقل عن 200% من الضمانات لعقد Venus الذكي.

إنّ رموز VAI هي أصول رموز BEP-20 مركبة، مربوطة بقيمة دولار أمريكي واحد (USD). وبينما تعتمد رموز XVS أيضًا على BEP-20، لكنها تُستخدم بدلاً من ذلك لإدارة بروتوكول Venus، ويمكن استخدامها في التصويت على التعديلات — بما في ذلك إضافة أنواع جديدة من الضمانات وتغيير المعايير وتنظيم تحسينات المنتج.

يتحكم أعضاء مجتمع XVS في إدارة البروتوكول بالكامل، نظرًا لأن مؤسسي Venus وأعضاء الفريق والمستشارين الآخرين لديهم أي مخصصات رموز XVS.

### من هم مُؤسسو Venus (XVS)؟

إنّ هيكلية فريق Venus غير متاحة للجمهور اعتبارًا من نوفمبر 2020. وعليه فإن المؤسسين والموظفين التنفيذيين غير معروفين.

وعلى الرغم من ذلك، فإن فريق مشروع Swipe هو المسؤول عن تطوير مشروع Venus. تم تأسيس Swipe من قبل الرئيس التنفيذي هوريا سيرنوسكا — مصمم وكاتب ذو خبرة، مع موهبة في تصميم واجهة المستخدم — بالتعاون مع هوكون إيدي — مطور ومهندس برمجيات ذو خبرة مع خلفية في علوم الكمبيوتر.

إنّ الهدف الرئيسي لشركة Venus هو تحقيق اللامركزية من باستخدام إدارة المجتمع. لا يُوجد مُعدنين مسبقين للفريق أو المطورين أو المؤسسين، مما يمنح حاملي رمز XVS السيطرة الكاملة على المسار الذي يسلكه بروتوكول Venus.

### ما الذي يُميز Venus (XVS)؟

تتمثل قوة Venus الرئيسية في سرعتها العالية وتكاليف معاملاتها المنخفضة للغاية، وهو نتيجة مباشرة لبنائها على قمة BNB Chain. يُعد البروتوكول الأول في تمكين المستخدمين من الوصول إلى أسواق الإقراض لـ [Bitcoin (BTC)](https://coinmarketcap.com/ar/currencies/bitcoin/) و [XRP](https://coinmarketcap.com/ar/currencies/xrp/)، و [Litecoin (LTC)](https://coinmarketcap.com/ar/currencies/litecoin/)والعملات المشفرة الأخرى للحصول على [السيولة](https://coinmarketcap.com/alexandria/glossary/liquidity) في وقت فعلي، وذلك بفضل معاملاته شبه الفورية.

لا يتعين على العملاء الذين يقومون بتوفير السيولة باستخدام بروتوكول Venus اجتياز فحص ائتماني ويمكنهم الحصول على قرض بسرعة من خلال التفاعل مع تطبيق Venus اللامركزي ([DApp](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps)). نظرًا لعدم وجود سلطات مركزية، لا يتم تقييد المستخدمين حسب منطقتهم الجغرافية أو درجة الائتمان أو أي شيء آخر، كما يُمكنهم دائمًا توفير السيولة عن طريق نشر ضمانات كافية.

يتم توفير هذه القروض من مجمع يساهم فيه مستخدمو Venus، الذين يتلقون نسبة عائد سنوي (APY) متغيرًا حسب مساهمتهم. إنّ هذه القروض مضمونة بالودائع ذات الضمانات الزائدة التي يُقدمها المقترضون على المنصة.

لتجنب [هجمات](https://coinmarketcap.com/alexandria/glossary/51-attack) التلاعب بالسوق، يستخدم بروتوكول Venus موجز الأسعار ["أوراكل"](https://coinmarketcap.com/alexandria/article/oracles-in-defi-101-a-deep-dive-by-tellor)، بما في ذلك تلك الواردة من [Chainlink](https://coinmarketcap.com/ar/currencies/chainlink/) لتوفير بيانات تسعير دقيقة لا يمكن العبث بها. بفضل BNB Chain، يُمكن للبروتوكول الوصول إلى موجز الأسعار بتكلفة أقل وبكفاءة أفضل، مما يقلل من التكلفة الإجمالية للنظام.

#### صفحات ذات صلة:

اقرأ عن [بروتوكول Injective (INJ)](https://coinmarketcap.com/ar/currencies/injective-protocol/) — وهو مشروع تم إطلاقه من خلال منصة Binance.

اقرأ عن [عملة Binance (BNB)](https://coinmarketcap.com/ar/currencies/binance-coin/) — الرمز الذي يعمل على تشغيل BNB Chain.

ألقِ [نظرة تفصيلية على التمويل اللامركزي](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance) (DeFi) على Alexandria الخاصة بموقع CoinMarketCap.

تصفح [مدونة CoinMarketCap](https://blog.coinmarketcap.com/) لتتعرف على أحدث الرؤى واتجاهات السوق.

### كم عدد عملات Venus (XVS) المُتداولة؟

يبلغ الحد الأقصى لإجمالي العرض لـ Venus ما قدره 30 مليون رمز XVS، وكان ما يزيد قليلاً عن 4.2 مليون رمز قيد التداول اعتبارًا من نوفمبر 2020.

كانت Venus من المنصات الأوائل التي أجرت Launchpool على Binance، مما سمح للمستخدمين بزراعة رموز XVS من خلال تحصيص (staking) أصول مختلفة بما في ذلك عملة Binance (BNB) و Binance USD (BUSD) و Swipe (SXP). وتم تخصيص نسبة 20% من إجمالي العرض (6 ملايين رمز XVS) إلى Binance Launchpool، وتم إدراج الرمز بعد فترة وجيزة على منصة التبادل الفوري Binance.

لم يكن للمشروع بيع مسبق أو بيع خاص، وليس لدى الفريق تخصيص رموز، ولكن 1% من إجمالي العرض (300,000 رمز XVS) محفوظ لمنح نظام BNB Chain البيئي. وسيتم فتح رموز XVS المتبقية البالغ عددها 23.7 مليون رمز تدريجيًا على مدار أربع سنوات، حيث يتم تعدينها بواسطة أولئك الذين يستخدمون بروتوكول Venus.

استنادًا إلى الوثيقة البيضاء الخاصة بالمشروع، يتم توزيع 35% من مكافآت XVS اليومية على المقترضين، و 35% للمُوردين، و 30% المتبقية لسك عملات VAI المستقرة.

### كيف يتم تأمين شبكة Venus (XVS)؟

يتم تأمين شبكة Venus بواسطة سلسلة Binance الذكية، وهي عبارة عن سلسلة كتل تعمل بالتوازي مع BNB Chain. إن سلسلة Binance الذكية (BSC) متوافقة مع الآلة الافتراضية لـ Ethereum (EVM) وقادرة على العمل حتى إذا كانت BNB Chain غير متصلة بالإنترنت أو واجهت مشاكل.

تستخدم سلسلة Binance الذكية [خوارزمية إجماع](https://coinmarketcap.com/alexandria/glossary/consensus) فريدة تُعرف باسم إثبات الحصة والسلطة (POSA) لتأمين [سلسلة الكتل](https://coinmarketcap.com/alexandria/glossary/blockchain). إنّ هذه الآلية في الأساس آلية إجماع هجينة تجمع بين جوانب من [إثبات الحصة](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) (POS) وإثبات السلطة (POA). تم إنشاؤها حول شبكة مكونة من 21 مُدققًا مسؤولون عن تنفيذ المهام على سلسلة Binance الذكية، والتوصل إلى إجماع حول المعاملات التي تمت معالجتها مؤخرًا.

وإضافة إلى ذلك، فإن موردي Venus محميون من خلال إجراءات التصفية التلقائية، والتي ستُصفي تلقائيًا الضمانات الإضافية للمقترضين إذا انخفضت إلى أقل من 75% من المبلغ المقترض — وبالتالي تعويض الموردين مبكرًا للحفاظ على الحد الأدنى من نسبة الضمان.

### أين يُمكنك شراء Venus (XVS)؟

اعتبارًا من نوفمبر 2020، أصبحت Venus متاحة للتداول على منصة تداول واحدة: Binance. وهي مدرجة مقابل Tether (USDT) و [Bitcoin (BTC)](https://coinmarketcap.com/ar/currencies/bitcoin/) و عملة Binance (BNB) و Binance USD (BUSD). لا يوجد حاليًا خيار شراء مباشر بعملة ورقية على المنصة لشراء عملة Venus.

لشراء Bitcoin والعملات المشفرة الأخرى باستخدام بطاقة الائتمان أو الخصم الخاصة بك، راجع [دليلنا](https://coinmarketcap.com/how-to-buy-bitcoin/) البسيط.

Ledger

MetaMask

Binance Chain Wallet

Earn, Borrow, & Lend on the #1 Decentralized Money Market on @BNBChain Discord: http://discord.gg/yjhVkzPSXE Telegram: http://t.me/VenusProtocol

BNB Smart Chain (BEP20)

PancakeSwap

Trust Wallet Token

SafePal

BinaryX

Seedify.fund

Solidus Ai Tech

H2O DAO

Velo

BakeryToken

Cheelee

Phoenix

MOBOX

Beldex

ChainGPT

Bitcoiva

Edu3Labs

FLOKITA

Fandomdao

Chappyz

DODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM).

The PMM pricing mechanism, which mimics human trading, utilizes oracles to gather highly accurate market prices for assets. It then provides enough liquidity close to these prices in order to stabilize the portfolios of liquidity providers (LP), lower price slippage and negate impermanent loss by allowing arbitrage trading as reward.

DODO also caters for new crypto projects with a free ICO listing through its Initial DODO Offering (IDO) which requires issuers to only deposit their own tokens.

DODO’s smart contract operates as an ERC20 token on the Ethereum network.

DODO

Band Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.

By supplying reputable, verifiable real-world data to blockchains, Band Protocol unlocks a range of new use cases for developers to explore — since they can now use any type of real-world data as part of their decentralized application (DApp) logic, including sports, weather, random numbers, price feed data and more.

Band Protocol initially launched as an ERC-20 project on the Ethereum blockchain in September 2019, but transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role.

BAND is the native token of the Band Protocol ecosystem and is used as collateral by validators involved in fulfilling data requests, as well as the main medium of exchange on BandChain — being used to paying for private data.

Band Protocol

Stella is the leveraged strategies protocol with 0% cost to borrow. Stella’s mission is to redefine how leveraged DeFi works. DeFi needs a good leverage system in order to drive more usages on DEXes and money markets, the fundamental building blocks of DeFi. With growing usages on these fundamentals, more protocols and new innovations can arise and tap into the deep liquidity and robust foundation.

Stella strives to become the go-to destination for DeFi users to access maximum yield potential. Whatever on-chain strategies that users want to use on leverage (and safe enough to be supported), then Stella will support at 0% cost to borrow.

The protocol is made up of two parts: Stella Strategy and Stella Lend.

Stella Strategy: Users can access multiple selections of leveraged strategies with 0% borrowing interest for the first time and get yields on leverage.

Stella Lend: Lenders can lend assets to the lending pools on Stella and get real yields. Yields generated from Stella Strategy are shared to lenders.

Stella

Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.

To learn more about this project, check out our deep dive of Balancer(https://coinmarketcap.com/alexandria/article/what-is-balancer.

The protocol operates a few types of pools:

Private pools give the owner governance over the pool, and make the person the sole contributor of liquidity to the pool. Also, all the parameters are mutable by the owner.

Shared pools are for those who want to become liquidity providers (LPs). The LPs are rewarded with the Balancer Pool Tokens (BPTs).

Smart pools are similar to private pools but are controlled by a smart contract. They also reward using BPTs and allow anyone to contribute liquidity to the pool.

Balancer

Launched in September 2020, BakeryToken (BAKE) is a part of the BakerySwap ecosystem. Liquidity providers are rewarded with BAKE tokens which can be used to earn a share of BakerySwap’s trading fees and to participate in voting as part of BakerySwap’s governance process.

BakerySwap is a decentralized automated market-making (AMM) protocol that is based on the Binance Smart Chain (BSC). The BAKE token is a native BEP-20 governance token on the platform.

Users have the ability to earn BAKE tokens by providing liquidity on BakerySwap, and BAKE holders can use their tokens for governance voting and to receive transaction fee dividends. The BAKE rewards are offered in several liquidity pools, initially including BTC, ETH, DOT, LINK, BUSD and BAKE versus BNB.

UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal of making global markets universally fair, accessible, secure and decentralized.

The team drew inspiration from traditional finance derivatives to define an open-source protocol to allow anyone, anywhere, to design and build trustless financial contracts.

Origin Protocol develops web3 technologies with the intention of bringing non-fungible tokens (NFTs) and decentralized finance (DeFi) to the masses. The protocol’s unique tooling and diverse partnerships help in realizing these goals. Origin Protocol has two flagship products: Origin Story (governed by OGN), and Origin Dollar (governed by OGV).

Origin Story is a white label NFT marketplace solution that works with disrupters in various sectors by leveraging non-fungible tokens. The platform hosts NFT marketplaces and tooling in various industries, including the real estate, profile picture, music, art and entertainment industries.

Some of Origin Story’s partners include Roofstock onChain, Pudgy Penguins, Sappy Seals, Paris Hilton, 3LAU, BT, Inspiration4, and The Doge Pound. Origin Story Marketplaces seek to cast a wide net in various industries being impacted by NFTs, rather than focusing on any one area in particular. Investors may see OGN as the ‘picks and shovels’ approach to investing in NFTs.

Origin Protocol

SafePal is a cryptocurrency wallet launched in 2018 that helps users to protect and grow their digital assets. SafePal provides hardware and software wallets, all paired and managed through the SafePal App and was the first hardware wallet invested in and backed by Binance.

SafePal wallet supports numerous popular crypto-assets, in addition to popular tokens on the Ethereum, Binance Smart Chain (BSC)and TRON blockchains. Users can store, manage, swap, trade and grow their portfolio without compromising asset security, according to SafePal.

Since its launch in 2018, SafePal has grown exponentially and has over 3,000,000 users in 196 countries globally. More information can be found in the SafePal Official Website.

Unifi Protocol DAO

Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.

To learn more about this project, check out our deep dive of Compound.

When a user deposits tokens to a Compound pool, they receive cTokens in return. These cTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.

On the flip side, borrowers can take a secured loan from any Compound pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 75%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.

Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently passed more than $800 million in total locked value.

Compound

Ontology is a project designed to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.

The Ontology blockchain is a high speed, low cost public blockchain. It is designed to bring decentralized identity and data solutions to Web3, with the goal of increasing privacy, transparency, and trust. To achieve this, users and enterprises are provided with the flexibility to build blockchain-based solutions that suit their needs, while also ensuring regulatory compliance. Through Ontology’s Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.

At its launch, Ontology chose to forego the popular initial coin offering (ICO) model in favor of a series of community distributions and airdrops of its ONT cryptocurrency.

This helped to quickly establish both organic price discovery and a passionate community and helped the project to avoid subsequent regulatory scrutiny.

For example, for a brief period any person who signed up for the Ontology newsletter received an airdrop of free 1,000 ONT, which reached a value of $10 per token soon after the token became listed on major exchanges like Binance.

Ontology launched its own MainNet on June 30, 2018 and has been up and running smoothly since.

Ontology

Reef is a Reliable Extensible Efficient Fast Layer-1 Blockchain for DeFi, NFT & Gaming. Built using Substrate Framework, it provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase.

Reef Chain is the most advanced EVM-compatible blockchain. It's self-upgradable and has on-chain governance. Its infrastructure also allows for EVM extensions which allows for native token bridge, scheduled calls (ie. recurring payments), and smart contract in-place code upgrades. In the near future, it will support additional VMs which will allow developers to write code in multiple programming languages. The network runs on a Nominated Proof-of-Stake (NPoS) consensus mechanism, which offers scalability and low fees.

REEF is the native token that is used for:

Fees for processing transactions and storing data.

Running validator nodes by staking REEF tokens.

Nominating which validator nodes should be part of the network.

Reef is backed by multiple leading funds and venture capitalists including NGC, QCP, Bitcoin.com, Kenetic Capital, LD Capital, TRG Capital, Krypital Group, Genesis Block, Woodstock Fund and others.

Reef Chain development tools include:

Remix and EVM integrated development environments for uploading and deploying smart contracts.

Reefscan blockchain explorer to assist with deploying validators, bonding and nominating validators, debugging contracts, and understanding network performance.

Reef command line tools that allow developers deploy applications from local environments.

Reef wallet for accessing and interacting with the blockchain

Reef

ZEN is the governance and utility token for Horizen, a zero-knowledge-enabled network of blockchains powered by the largest node infrastructure in the industry. Blockchain interoperability is enabled by the Zendoo protocol, which uses SNARK-verification and allows for complete flexibility in sidechain type, consensus, and speed. Cryptographic verification of networked chains offers massive scale, and the network currently supports up to 10,000 sidechains with a throughput limit of 10,000,000 TPS.

Zendoo makes Horizen a permissionless network of blockchains. Developers can deploy their blockchains within the ecosystem using a variety of SDKs. In 2023, the ecosystem team launched Horizen EON, a public proof-of-stake sidechain and an EVM-compatible smart contracting platform that allows developers to efficiently build and deploy dapps on the Horizen ecosystem, while benefiting from the Ethereum ecosystem. Since going live with Horizen EON, DeFi projects including SpookySwap, Ascent Exchange, and Yuzu have successfully integrated into the Horizen ecosystem. Get started on Horizen EON today!

Horizen's native cryptocurrency, ZEN, is a mineable PoW coin currently trading on major exchanges, including Coinbase and Binance. ZEN can be staked to participate in Horizen's nearly 50,000 full node network.

While ZEN was previously a privacy token, following ZenIP 42204 in June of 2023, the network removed its existing privacy features in favor of moving towards a vision of adaptability and responsible, scalable growth.

Horizen

The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest, and protected operations in the DeFi space.

The 1inch Network's first protocol is a decentralized exchange (DEX) aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. The 1inch Aggregation Protocol incorporates the Pathfinder algorithm for finding the best paths across over 400+ liquidity sources on 12 chains: Ethereum, BNB Chain, Polygon, Avalanche, Optimism, Arbitrum, Fantom, Gnosis Chain, Klaytn, Aurora, zkSync and Base.

In just over two years the 1inch DEX aggregator has reached 1M users and surpassed $150B in overall volume on the Ethereum network alone.

The 1inch Limit Order Protocol facilitates the most innovative and flexible limit order swap opportunities in DeFi. The protocol’s features, such as dynamic pricing, conditional orders, and extra RFQ support, power various implementations, including stop-loss and trailing stop orders, as well as auctions.

The 1inch Wallet is a multichain mobile platform that provides an easy-to-navigate interface with secure storing, transaction, and staking capabilities. This versatile wallet was built from the ground up to streamline interacting with 1inch’s features.

The 1INCH token is the governance and utility token of the 1inch Network. 1INCH holders can stake their tokens to participate in the 1inch Network's DAO governance, including the 1inch DAO Treasury management. Also, holders can choose resolvers and earn a part of their fees.

With the 1inch Fusion, users can stake 1INCH tokens to receive Unicorn Power (UP), then subsequently delegate their UP to any 1inch Fusion Resolver to start receiving rewards from them. When staking, there is the option to set a custom or preset lock period. User’s st1INCH tokens cannot be unstaked/withdrawn without penalty until the designated lock period expires.

In December 2020, 1inch raised $12 million in Series A funding, led by Pantera Capital, with others including ParaFi Capital, Blockchain Capital, Nima Capital, and Spartan Group. The funding round was conducted through a SAFT (simple agreement for future tokens) sale.

In December 2021, 1inch has closed a $175 million Series B round, led by Amber Group. Among about 50 investors that participated in the funding event are Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital and Gemini Frontier Fund.

1inch Network

Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum mainnet. The Synthetix Network is collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2, which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3, which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol. Learn more about Synthetix on their blog or by joining the SNX Discord.

The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.

Synthetix

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). (DeFi).

Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and power their trading features for institutional and retail users.

In light of the popularity of DeFi and the growth of DEXes on Ethereum, users and developers are limited by high gas costs and slow transactions. Serum aims to resolve these traditional problems of DeFi, as well as issues of centralization, low capital efficiency, and liquidity segmentation.

The SRM utility and governance token enables users to receive discounts on protocol fees and voting rights; 100% of exchange fees flow back to SRM via buy-and-burn, staking rewards, and ecosystem grants.

Serum

Chromia is a modular, relational blockchain platform that aims to make it easy for people to build decentralized applications (DApps). It was founded by ChromaWay, a company that has been working on blockchain solutions since 2014 for various sectors such as finance, real estate, gaming and public services. ChromaWay is also known for creating colored coins, which are user-defined assets on a blockchain that can represent anything from currencies to stocks to collectibles.

Chromia’s vision is to enable a new generation of DApps that can scale beyond what is currently possible and address real-world problems in various domains such as gaming, social media, finance, healthcare, education, governance, and more.

Some examples of DApps on Chromia include: My Neighbor Alice (ALICE), a multiplayer blockchain game; LAC PropertyChain, a land registry system; Green Assets Wallet, a platform for green bond verification; Hedget (HGET),  a decentralized options protocol; Corite (CO), a music streaming service; Chain of Alliance (COA), a strategy game; Vault12, a digital asset custody solution; Domenation, a blockchain gaming project.

Chromia

Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.

Its main protocol, Carbon, is a decentralized trading protocol allowing users to perform automated trading strategies using custom on-chain limit orders and range orders, with the option of combining orders together to create automated buy low, sell high strategies.

By design, Carbon orders are irreversible on execution, easily adjustable directly on-chain, and resistant to MEV sandwich attacks. These capabilities give users an unprecedented level of control and automation to perform novel trading strategies on-chain.

Fast Lane, a separate open-source arbitrage protocol, allows any user to perform arbitrage between Bancor ecosystem protocols and external on-chain exchanges and redirect arbitrage profits back to the Bancor ecosystem.

All Bancor ecosystem protocols are governed by the BancorDAO via staked BNT.

Bancor

Litentry

Qtum (pronounced ‘“quantum”)  is a proof-of-stake (PoS) smart contract open-source blockchain platform and value transfer protocol. It aims to bring together the strengths of Bitcoinand Ethereumin one chain. Qtum is built on Bitcoin's UTXO transaction model, with the added functionality of smart contract execution and DApps. Recently, the platform added support for DeFi applications. As of March 2021, there are more than 20 tokens created on the Qtum blockchain.

To learn more about this project, check out our deep dive of Qtum.

The project was announced in March 2016 and held an ICO a year after, in March 2017, which brought its founders $15 million USD. The Qtum main chain was released on Sept.13, 2017. Initially, the Qtum coin was issued as a ETH-20 token, but with the launch of the mainnet, it was converted to native blockchain.