Kromatika

Revealed: Nine Coins on Coinbase That SEC Believes Are Securities

##What is Kromatika?

Kromatika is a decentralized exchange (DEX) that offers trading solutions on Ethereum L1 and L2’s. It specializes in limit orders, swaps, perpetual trading, and gasless swaps. Kromatika was founded on 15th November 2021, and soon after, won an award at the Chainlink Fall Hackathon 2021.

##Why use Kromatika’s dApp?

Kromatika is a MetaDEX Aggregator that helps to source liquidity for traders from different DEXes to find the best - fastest & cheapest - route for their swap.

Kromatika’s Limit Orders (FELOs) are fully decentralized, which offers an innovative solution such as no price slippage, MEV-resistant trades, and in addition, traders earn LP fees on top of their Limit Order.

Kromatika also offers Perpetual Trading in partnership with ApolloX. It has 72 crypto derivative pairs and offers up to 100x leverage. Very low trading fees when compared to other competitors in the defi space.

Gasless swap is another product by Kromatika. This fits in with the MetaDex Aggregator. At the time of the swap, turn ON the gasless swap mode to enjoy this feature. Using this feature will allow you to save your $ETH or $MATIC for a rainy day, as the gas fee automatically gets deducted from your swap output token. The entire process is automated, smooth, and quick.

##What is FELO?

FELO (Fees Earning Limit Orders) - the sexiest term in the entire Ethereum Ecosystem.

FELO are limit orders that are run on top of Uniswap v3 technology. There is no other DEX in the space that offers this feature.

##Why Limit Orders vs Spot Orders?

Limit orders enable a trader/user to set an entry/exit at specific price levels. This is best to avoid price volatility and execute trades at a lower fee generally. Spot market orders may be easier to perform but due to price slippage, volatility and higher fees, sometimes you may not be able to purchase or exit at the exact price level you intend to. Hence, unless it is an emergency or instant requirement to enter/exit, limit orders are preferred over spot market orders in a smart trading strategy.

What makes FELO different from limit orders on other platforms?

Limit orders on most popular platforms are a form of delayed swap where the order is first stored on a centralized database and then arbitrage is conducted when the price is right. This is why you will have limit orders unfilled even if the price has crossed your target on such platforms.

Kromatika's FELO is a 100% decentralized limit order. No info is stored on any centralized database. Once the limit order is activated, then the Chainlink Keepers get to work monitoring the price for the user 24/7. It is basically a "set and forget" type mechanism where the user can switch off his computer and be assured the order will be executed once the target price is crossed. This could be days/hours/weeks - depending on the target price and market movements.

The other benefits are:
- no bot attacks
- no price slippage
- no swap fees

On top of the above-mentioned benefits, the user will earn LP fees when price enters his price range. This is due to the concentrated liquidity tech of Uniswap v3, where the user now is a liquidity provider in that specific price range.

Summary: Fully automated, fully decentralized limit order with bot protection, no swap fees, no slippage, and the ability to earn LP fees when the market price enters a user-specified price range is what FELO is all about.

How was Kromatika Born?

Kromatika was founded on the idea of solving a problem. The problem is the lack of an innovative/efficient limit order feature in the DEX space. The existing offers were all expensive, slow, inefficient trade fills, and actually functioned as a “delegated delayed swap”.
Kromatika harnessed the power of Uniswap V3 by automating the process of providing liquidity. So any trade on Kromatika FELO (fees earning limit order) is in effect on top of Uniswap V3. The trade is then settled off-chain by a decentralized network of Chainlink Keepers. For the first in the Ethereum Ecosystem, a trade could place a limit order with full MEV bot protection, no price slippage, and the ability to earn LP fees on top of his limit order (thanks to Uniswap V3 technology). In time, Kromatika has added multiple other products to its arsenals such as the powerful MetaDex Aggregator, Gasless Swaps, and Perpetual Trading.

Kromatika is governed by the Kromatika DAO which decides the future of this project by giving ideas to improve Kromatika in a way that benefits the whole crypto community.

Trust Wallet

MetaMask

Kromatika Finance is a MetaDEX aggregator with no price slippage, Fees Earning Limit Order, Gasless mode & Perp Derv.

Ethereum

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LCX is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.

Coinbase offers 3 trading pairs pairs with LCX/USD, LCX/USDT and LCX/EUR, while Kraken also offers 2 trading pairs with LCX/EUR and LCX/USD. Uniswap (https://coinmarketcap.com/currencies/uniswap/) offers an Ethereum (ETH) trading pair; LCX/ETH. LCX Exchange offers a variety of trading pairs including Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC) options.

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Energy Web Token (EWT) is the operational token behind the Energy Web Chain, a blockchain-based virtual machine designed to support and further application development for the energy sector.

Energy Web Chain was launched in June 2019. The Energy Web Foundation is the non-profit enterprise behind the project. EWT aims to bring diversity to the energy sector by allowing developers to create decentralized applications (DApps). The virtual machine has the potential to benefit actors from all areas of energetics, including grid operators, software developers, and vendors.

Energy Web Token

HELLO Labs

Synternet is a blockchain that powers modular, interoperable data infrastructure across all major chains. At its core lies the Data Layer, a protocol serving as the customizable execution layer between all blockchains. Its AEAs (Autonomous Economic Agents) empower developers to build composable, use-case-specific applications that can execute on any data from any chain.

Synternet

DeSo is a new layer-1 blockchain built from the ground up to decentralize social media for billions of users.

We believe in empowering an internet that’s creator-led, user-owned, and open to millions of developers around the world to build off one another.

Today, there’s only a handful of big-tech companies that own and control all the information we consume online.

DeSo puts the ownership back in the hands of users, not platforms. Your identity, your profile, your content, and your social graph can now be owned by you in a completely censorship-resistant way.

Creators can now freely monetize in a way they could never do before.

With new crypto-native monetization tools, like Social Tokens, Social DAOs, Social NFTs, Social Tipping, and more — creators have access to monetize their passion and make a living by doing what they love.

Developers can build in a gasless, permissionless, and transparent environment where everything is open and on-chain for ultimate accessibility and composability.

DeSo is built to support storage-heavy or infinite-state applications, opening up a new world of non-financial-based web3 apps that weren’t possible before.

We can now imagine, build and experience the next generation of web3 social.

In the same way, we’ve seen Bitcoin and Ethereum decentralize finance, DeSo is now enabling this for social.

We know our mission is colossal, but we believe the world will be better when users, creators, and developers are put first - not corporations.

It’s time to break free.

To learn more, make sure to check out the vision behind DeSo.

Check out some of our top apps:

Decentralized Twitter
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Decentralized Social Networks
Decentralized LinkedIn
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Decentralized Social

Smart contracts often struggle to access dependable data, but application programming interfaces (APIs) have been touted as a solution to this problem.

API3’s stated goal is to allow decentralized versions of APIs to be built, managed and monetized at scales. As blockchain technology plays an ever bigger role in the economy — from decentralized finance to supply chain management — the team behind this project says it has never been more important for smart contracts to provide “timely, reliable real-world data.”

The whitepaper for API3 was unveiled in September 2020 and set out the main problem that’s associated with APIs at present: connectivity. At present, there’s no way for smart contracts to establish a direct connection with APIs for the latest data — and this has led to an explosion in the popularity of oracles.

Although this has helped solve the problem to some extent, the industry has since been grappling with the “Blockchain Oracle Problem.” Oracles are a form of middleware that sit in between APIs and smart contracts — increasing costs and centralization. API3 intends to get around this problem by enabling API providers to operate their very own nodes.

API3’s token went live at the start of December following on from a token sale that generated tens of millions of dollars.

API3

Launched on mainnet on March 30, 2021, Casper is the first live proof-of-stake (PoS) blockchain built off the Casper CBC specification. The Casper platform is designed to boost the adoption of blockchain technology, smart contracts, and DApps on a global scale.

With its future-proof architecture, Casper is designed to ensure the platform is continually developed according to the evolving needs of its users, and that it’s maximally accessible to developers of all backgrounds. As per the official whitepaper, Casper is optimized to suit both enterprise and developer needs. Casper’s mission is to usher in a new era for Web3, as demand for intuitive, interconnected services continues to grow across the board. Casper does so by solving the adoption trilemma: offering enterprise-grade security, scalability and decentralization all within the same blockchain protocol.

Casper

Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024.

Powered by a mix of artificial intelligence (AI), machine learning (ML), and cutting-edge blockchain technologies, Verasity is building the most powerful advertising ecosystem in the world through VeraViews; developing an open-access payments platform through VeraWallet, the VeraCard, and VeraPay; and enhancing the attention economy through its patented Rewarded Video module.

Verasity

Ultra is a publishing platform and ecosystem for video games and video game content. Ultra’s mission is to do away with the current monopoly held by publishing platforms like Steam and provide new opportunities to game developers, players, and influencers. Ultra promises a solution that is more equitable to players and developers alike. Players can benefit from immediately playable games, earn UOS by using the platform, and access platform-exclusive games. At the same time, developers benefit from access to more effective marketing tools and the potential for 20% higher sales revenue.

Besides content and game publishing, Ultra offers a demand-side and service-side platform for advertisers, the opportunity for players to resell their used games, and a platform-exclusive app.

Ultra

Secret (SCRT) is a privacy-oriented blockchain built on Cosmos. Its smart contracts are called Secret Contracts and allow DApps to use private data on Secret, similar to how smart contracts operate on other blockchains. However, Secret Contracts transfer encrypted inputs into encrypted outputs without exposing data. This is made possible thanks to the encrypted contract states during the execution.

Data privacy is guaranteed by combining encryption protocols and key management within a Trusted Execution Environment (TEE). This allows Secret Contracts to compete for several privacy-related use cases that traditional blockchains have found difficult to accommodate. For instance, private voting mechanisms or credit scoring applications become possible since they do not expose sensitive user data on-chain with Secret.

Secret

Kyber Network is a multi-chain hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to deep liquidity pools that provide the best rates.

KyberSwap.com, its main DEX aggregator and liquidity platform, provides the best swap rates for traders in DeFi compared to individual exchanges. It also enables liquidity providers to maximize earnings via high capital efficiency. KyberSwap sources liquidity from multiple DEXes such as Uniswap, Sushi, Curve, QuickSwap, Pancakeswap, Traderjoe, Pangolin, SpookySwap, SpiritSwap, VVS Finance, Velodrome, GMX, and many others to achieve the best rates for traders on different chains. KyberSwap supports over 13 chains including Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Cronos, Arbitrum, Optimism, Velas, Aurora, Oasis, BitTorrent, Ethereum PoW, and soon Solana.

KyberSwap is decentralized and permissionless, not requiring account sign-up or personal information. All transactions on KyberSwap are on-chain, which means transactions do not need a centralized third-party, like a centralized exchange, and they can be easily verified using the Ethereum or other chains’ block explorer.

Projects can build with KyberSwap to access its different features, such as the instant settlement of token swaps, liquidity aggregation for the best rates, liquidity pools, and a customizable business model. Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity for different needs.

The Kyber Network Crystal (KNC) token is a utility and governance token that is the "glue that connects different stakeholders in Kyber's ecosystem." KNC holders can stake their tokens in the KyberDAO to help govern the platform and vote on important proposals - and earn staking rewards in KNC that come from trading fees. Investors in KNC include #Hashed, Signum Capital, ParaFi Capital, HyperChain Capital.

Kyber Network Crystal v2

The WOO Token plays a pivotal role in the WOO ecosystem, and is utilized for staking, fee discounts, and other benefits. WOO Ecosystem products connect traders, exchanges, and institutions with access to the best-in-class liquidity and trading execution at lower or zero cost.

WOO X is a high performance centralized trading platform, delivering superior liquidity, execution and advanced trading tools on hundreds of spot and perpetual futures instruments.

WOOFi, a decentralized application offering swaps, perps, WOO staking, and yield-generating pools, positions as being “the easiest way to DeFi.” WOOFi is deployed on 10+ mainstream networks including Arbitrum, Avalanche, Optimism, zkSync, and more. WOOFi is regularly a Top 10 DEX by volume, making WOO one of the only tokens that has strong adoption and utility in both CeFi and DeFi.

The WOO mission is to provide the best liquidity on the best terms. Products compete not just on price execution but also on integrity, user experience, innovative tools, and global opportunities.

Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Often touted as the first AAA game on Ethereum, Illuvium looks to provide a source of entertainment to both casual gamers and hardcore DeFi fans through a range of collecting and trading features.

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

The world of Illuvium is inhabited by creatures known as Illuvials, who can be captured by players that best them in battle and nurse them back to health. From then on, they become a loyal part of the player’s collection and can be used when battling other adventurers as part of Illuvium’s auto battler gameplay.

The game is a fusion between an open-world exploration game and a PVP battle game. Players can spend their time exploring the expanses of the game world or building up their team of powerful beasts.

Illuvium has been in development since 2020, and is being built by a worldwide team of more than 40 individuals, including the co-founders; serial entrepreneur and early cryptocurrency adopter Kieran Warwick, and experienced game designer Aaron Warwick, who are brothers. (And who are coincidentally also the brothers of Kain Warwick, the co-founder of DeFi platform Synthetix).

The ILV token has a number of uses within the Illuvium ecosystem. It’s the main token used to reward players for their in-game achievements, entitles players to their share of the Illuvium Vault and is used for participating in the governance of the game via the Illuvium decentralized autonomous organization (DAO).

Illuvium

DeepBrain Chain

Synapse (SYN) is an interoperability protocol designed for safely and securely sending arbitrary data between blockchains.

Its users can transfer and swap their assets across many different chains, including layer 1, layer 2 and sidechain ecosystems.

The project aims to improve inter-blockchain compatibility by helping its users move their assets between different networks more efficiently. In order to securely transfer its users' assets to and from different ecosystems, while maintaining slippage, liquidity pool balances, and transaction prices, Synapse uses a stableswap algorithm.

The Synapse ecosystem is made up of six parts: the Synapse Bridge technology, the cross-chain AMM, aggregative cross-chain communication, the SYN token, the Synapse Chain, and optimistic security approaches.

With Synapse’s generalized messaging system, any arbitrary data can be sent across chains in a secure and seamless way. Applications no longer have to be separately deployed across multiple blockchains; they can be deployed on a single chain and communicate with other chains to create the exact same user experience from one central application layer. Generic message passing also includes smart contract calls, enabling smart contracts on different chains to easily interoperate with one another.

Synapse Bridge allows users to seamlessly swap on-chain assets across 15+ EVM and non-EVM blockchains in a safe and secure manner. The bridge supports two types of bridging: Canonical Token Bridging — bridging of wrapped assets across chains; Liquidity-based Bridging — bridging of native assets across cross-chain stableswap pools.

Synapse Chain is an Ethereum-based optimistic rollup designed to serve as a sovereign execution environment for cross-chain use cases. Synapse Chain will offer developers a generalized smart contract interface for building natively cross-chain use cases by leveraging Synapse’s cross-chain messaging system. Applications built on Synapse Chain will be able to execute their business logic across any blockchain.

Synapse supports multiple EVM-compatible blockchains and is integrated with nearly 18 layer-1 and layer-2 chains, including Ethereum, Optimism, Arbitrum, Harmony, Avalanche, Polygon, Moonbeam, Fantom and BNB Chain.