PAR is an overcollateralized and decentralized EURO-pegged stablecoin issued by the Mimo protocol.

It is multi-chain, and backed by a variety of strong collaterals, including conservative, decentralized and productive assets.

PAR can be used for a variety of purposes, such as generating yield, leveraging both the price & yield, providing liquidity and serving as collateral.

Parallel

Trust Wallet

MetaMask

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

The Sandbox

Lido DAO

Render

Ondo

Immutable

Worldcoin

Axie Infinity

Bitget Token

SingularityNET

Fetch.ai

FOMO Network

ARCS

Joe coin

X2Y2

4-CHAN

Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis. The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.

Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.

Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.

The Theta team has created a customer-centric business plan for their growing ecosystem of services focused on esports, music, TV, movies, and education. The list of Theta Network partners includes video platforms like Samsung VR, Cinedigm, Shout! Factory, Pandora.tv, Play Labs, and THETA.tv.

Wrapped THETA

Karura is an all-in-one decentralized finance (DeFi) hub and stablecoin platform built on Kusama (KSM) and integrated into Polkadot (DOT). Karura was created by the Acala Network, which has won four Web3 Foundation grants and founded the Substrate Developer Academy.

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

Both Karura and Acala are backed by multiple funds, including Coinbase Ventures, Pantera Capital, Polychain Capital and Hypersphere. Karura and Acala operate in parallel. Specifically, Karura is implementing DeFi on Kusama in the same way that Acala is offering DeFi on Polkadot. The network is built with almost the same codebase as Acala: the two platforms provide scalable, convenient and fast DeFi cross-chain ecosystems for Kusama and Polkadot.

Parachain Karura is a platform that allows users to create effective, low-cost and complex financial applications, saving time and increasing trading efficiency.

The platform itself provides a multi-collateralized stablecoin backed by cross-chain assets (kUSD), a trustless staking derivative (liquid KSM), and an automated market maker (AMM) decentralized exchange (DEX) for unlocking liquidity and supporting financial innovation.

Karura is the decentralized financial hub of Kusama, a scalable multi-chain network for radical innovation and early-stage Polkadot deployments. Karura is the sister network to Acala. It hosts multichain liquid staking token (LST) protocols (such as liquid KSM - LKSM), an AMM decentralized exchange, and an app platform that is EVM-compatible and highly customizable (based on Substrate). Karura is secured by Kusama, and is the liquidity gateway of Kusama parachains, Acala and L1/L2 blockchains

Karura

BoutsPro

Efinity is a cross-chain NFT platform developed by Enjin and built on Polkadot. Efinity was created as the next generation blockchain for digital assets with the aim of adapting to the challenges of the world of non-fungible tokens (NFTs), according to the project.

The main specialization of the Efinity project is the NFT space. With the protocol, traders and gamers can create, distribute, transfer, sell and buy NFTs. Efinity aims to remove barriers to entry into the NFT space/decentralized gaming, and to simplify user experience and digital asset governance.

Efinity Token powers the entire Efinity ecosystem, EFI aims to prioritize the generation, transfer and purchase of tokens using an inter-chain infrastructure of protocols resulting in lower transaction fees. As for incentives, rewards on PoW blockchains with NFT functionality go to miners who create/trade tokens, thereby forming a community.

One of the long-term goals of Efinity is to become a hub for both fungible and non-fungible tokens, accepting tokens from any other chain, facilitating the pricing and exchange of NFTs, increasing transaction volume, and creating network effects.

In December 2021, the project won the Polkadot parachain auction, and in March 2022, Enjin launched their flagship parachain Efinity on the Polkadot Relay Chain — a blockchain platform that provides a decentralized parachain network where people havecontrol over their data and identity.

Efinity Token

Clover Finance (CLV), or simply Clover, is a blockchain operating system. It provides a one-stop, easy‑to‑use blockchain infrastructure and an ethereum virtual machine (EVM) compatible framework for Substrate‑based applications.

Clover Finance, another offspring of the Substrate-based Polkadot parachain aims at bridging the compatibility gap when building and operating across blockchains.

The project was founded in May 2020 and the mainnet of Clover Finance launched in July 2021.

Humaniq

Dock is building a gateway to Web3 by providing simple solutions for businesses and developers to build, manage, and present digital Verifiable Credentials and decentralized identities using blockchain.

Dock provides credentialing technology that can be used to create cryptographically secure and instantly verifiable digital credentials, including workforce certificates, academic achievements, identity documents, and KYC checks.

Since 2017, Dock has been building Decentralized Identity and Verifiable Credentials (VC) technology, which will act as a gateway to Web3 in the future. We have been collaborating with organizations to adapt and innovate in the Web3 ecosystem by helping them understand the true ownership of their data and making their documents, certificates, and credentials become digital, tamper-proof, and instantly verifiable. Web3 is about data ownership and by using Dock’s technology, individuals can now truly own and control their most important documents and regain control over their data.

Dock

Decred is Money Evolved.

By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”.

Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.

Decred

The Bitcoin Standard Hashrate Token (BTCST) was launched on Binance Smart Chain (BSC) on Dec. 13, 2020. It is collateralized by Bitcoin’s (BTC) hashrate, with each token representing 0.1 TH/s of Bitcoin mining power at an efficiency of 60 W/TH. As such, miners contribute their computational power to the platform in exchange for newly minted BTCST tokens.

BTCST’s goal is to bridge liquidity to Bitcoin’s mining market. This will allow users to get exposure to mining rewards and hashpower of any size, at a low cost. The ultimate goal of the app is to increase the liquidity and efficiency of mining power markets.

Bitcoin Standard Hashrate Token

ClubCoin

MultiversX is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

MultiversX rewards the community and active participants with EGLD tokens. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators provide services.

EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions.

MultiversX was first announced in August 2019, and its mainnet went live in July 2020.

Wrapped EGLD

Jinbi Token

Aavegotchi (GHST) is the governance token of the Aavegotchi NFT Gaming protocol. GHST token holders receive voting power in the AavegotchiDAO, which oversees all aspects of the protocol, Aavegotchi’s flagship game the Gotchiverse, and Aavegotchi NFTs.

Aavegotchis themselves are pixelated ghosts backed by the ERC-721 token standard. The Aavegotchi NFTs have dynamic metadata that changes over time through user interaction.

An Aavegotchi’s value and rarity is determined by its collateral stake, traits and wearables.

Collateral stake is based on the innovative ERC721 Aavegotchi NFT that manages an escrow contract holding Aave-backed ERC20 collateral or "aToken," which generates yield via Aave's LendingPool. Traits are based on random traits upon birth, kinship and experience (XP).

The protocol is called Aavegotchi as a nod to Aave, which translates to “ghost” in Finnish, and is powered by the Aave protocol, one of the leading lending protocol in DeFi. The token ticker also cleverly spells out “ghost,” minus the vowel.

Aavegotchi

Centrifuge is a decentralized asset financing protocol. It connects decentralized finance (DeFi) with real-world assets (RWA) while trying to lower the cost of capital for small and mid-size enterprises (SMEs) and provide investors with a stable source of income. The main goal of the project is to generate profits that are not tied to volatile crypto assets; the developers are pursuing the task of transferring real monetary value from fiat to cryptocurrencies.

Companies are using Centrifuge to access the liquidity that DeFi has to offer. They can tokenize real assets and use these tokens as collateral to access financing through Tinlake, a decentralized application (DApp) lending protocol. The Centrifuge blockchain is built on Polkadot (DOT) for speed and low fees, while its financial DApp Tinlake is built to access Ethereum (ETH) liquidity.

Centrifuge provides liquidity to everyone and investors receive income and rewards in the form of CFG tokens. Centrifuge links assets such as invoices, real estate and royalties with decentralized finance (DeFi). Additionally, borrowers benefit from the fact that they can finance their real assets without banks or other intermediaries.

Centrifuge

Ampleforth is an Ethereum-based cryptocurrency with an algorithmically adjusted circulating supply. It is designed to be the base money of the new decentralized economy, by providing an asset that cannot be diluted by supply inflation and remains decoupled to the price action of other cryptocurrencies—and Bitcoin (BTC) in particular.

With Ampleforth, token holders own a fixed fraction of the total AMPL circulating supply, rather than a fixed number of tokens. When the protocol detects that the price of AMPL is too high, it increases the circulating supply, whereas the supply is decreased if the price is too low.

This change is propagated to all Ampleforth wallets, which have their wallet balance adjusted proportionally. Irrespective of this change, AMPL holders will still retain the same percentage of the token supply.

This automatic supply adjustment process is known as a “rebase” and occurs once each day, with a positive rebase if the price goes above $1.06, and a negative rebase if it is below $0.96. The overall goal of the system is to create incentives that drive the market price of AMPL back to ~$1.

Ampleforth

DucatusX

Wanchain is a distributed ledger that allows for cross-chain transactions and the interoperability of multiple chains. Although Wanchain facilitates transactions between blockchains, it is also a stand-alone blockchain that runs autonomously. The protocol acts as a distributed ledger that processes and maintains records of cross-chain transactions.

Transactions on Wanchain do not only occur between different public blockchains but between private chains as well. As an Ethereum (ETH) fork, Wanchain enjoys some of the properties of the Ethereum blockchain. The protocol securely and autonomously processes applications via smart contracts.  The use cases for Wanchain include decentralized exchanges (DEXs), lending and borrowing platforms, stablecoins, crowdfunding, multi-currency payments and settlements.

The platform is totally decentralized and requires no custodian party to manage or confirm transactions. Unlike other cross-chain systems, Wanchain does not rely on a third-party platform to authenticate transactions. The locked account mechanism is used to secure and manage accounts on the network, eliminating third-party interferences.