## What Is Deepwaters?

Deepwaters is an exchange which brings the trustlessness of DeFi to centralized finance, providing provably fair and secure operations. On Deepwaters, violations of asset custody and preferential access to order flow are rendered impossible by means of code and confidential computing.

WTR is the native platform token of the Deepwaters exchange. It can be used for:

* Fees on the Deepwaters platform, where it is accepted at a fixed redemption rate of $0.70.
* Governance over the network, DAO, and DAO treasury
* Access to additional features 
* Voting on new exchange features, token additions, and other functionality

WTR is an ERC-20 token on the Avalanche C-chain.


## How Many WTR Tokens Are There in Circulation?

Deepwaters launched the WTR network on February 14, 2023 with a 350,000,000 WTR maximum supply. Approximately 24,765,413 were in circulation at network launch. The unlock schedule for remaining tokens is partially time-based, and partially milestone-based. 90,000,000 WTR are subject to the milestone-based unlocks, which are based on cumulative transaction volume on the Deepwaters exchange.


## Who Are the Founders of Deepwaters?

Deepwaters was founded in 2021 by Zorrik Voldman. Zorrik has extensive experience in FinTech, having sold three previous startups to large, publicly traded companies. He also ran a commodities hedge fund, based on his proprietary software, with 20+ traders. His experience having trading strategies not match their backtested performance inspired him to found Deepwaters with the goal to eliminate the asymmetries which give certain privileged counterparties, and the exchanges themselves, an unfair advantage over everyone else.

Zorrik was encouraged to tackle this problem in crypto markets by Deepwaters co-founder Mihai Dinulescu, who has worked in crypto / blockchain since 2017 and has designed over a dozen ICOs as Director of Strategy at Ambisafe.


## Related Pages:

Learn more about Deepwaters and WTR [on the Deepwaters website]](https://deepwaters.xyz/).

Deepwaters

Avalanche C-Chain

Avalanche

Coq Inu

Pangolin

Tether Avalanche Bridged

USD Coin Bridged

BENQI

Wrapped AVAX

Gamer Arena

OpenBlox

Avalaunch

Shrapnel

Nuklai

Crabada

BENQI Liquid Staked AVAX

Kalao

Islander

Heroes Chained

Platypus Finance

Obitan Chain

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

OTCBTC Token

BlazerCoin

Wrapped Astar

DucatusX

Quotient

Cloudbric

GSENetwork

BENQI is a decentralized non-custodial liquidity market as well as a liquid staking protocol built on the high-speed Avalanche smart contract network. The lending protocol allows users to lend, borrow, or earn interest using their digital assets.  The Liquid Staking protocol provides a solution for capital efficiency, offering users the opportunity to unlock their “staked” AVAX to be used on Decentralized Financial protocols

The founding team chose Avalanche because of its decentralized network’s claimed high scalability, low fees and compatibility with popular plugin wallets.

BENQI was founded in 2021 with $6 million in backing. Among its strategic investors are Ascensive Assets, Dragonfly Capital, Mechanism Capital, Arrington XRP Capital, Spartan Group, TRGC, Woodstock Fund, Ava Labs, Morningstar Ventures, GBV Capital, Skynet Trading Ltd, Rarestone Capital, Genblock Capital, Moon Inc.

Who Are the Founders of BENQI?

Rome Blockchain Labs Inc. is responsible for the development of BENQI. It is an incubator and a software development firm specializing in decentralized finance (DeFi). JD Gagnon is one of the co-founders and CEO of Rome Blockchain Labs. The two other co-founders are Hannu Kuusi and Alexander Shul.

JD Gagnon graduated with a bachelor’s degree in commerce in finance and accounting from the University of Alberta in Edmonton, Canada. Before Rome Blockchain Labs, Gagnon has created the Velox algorithmic trading platform. Gagnon is also the founder and CEO of Scotch & Ramen Media, Inc. and CSO of Etheralabs, Inc.

Hannu Kuusi has experience building institutional-grade infrastructure for financial technology (fintech) and military applications.

Alexander Szul is in charge of managing the development of the BENQI liquidity market platform.

What Makes BENQI (QI) Unique?

BENQI (QI) claims to be the first DeFi Lending project on the Avalanche platform. It offers DeFi users from congested and centralized networks the option to move and place their unused assets on BENQI with no hurdles and low network fees. Avalanche allows BENQI users to seamlessly and affordably access decentralized financial services and increase control over their strategies.

Developers have the option to use BENQI to create financial products using the protocol and governance tokens.

BENQI also aims to ease the overloading of the Ethereum network by providing Ethereum users with a less expensive and faster alternative. BENQI members can withdraw liquidity from the shared liquidity market, borrow from the liquidity market and get a clear view of interest rates.

ClubCoin

CMITCOIN

CENTER COIN

Aces

WHEN Token

Jinbi Token

D Community

Aurora is a product that helps Ethereum users and dApps to easily move to the NEAR blockchain. It allows users to do two distinct things: upload and interact with Solidity smart contracts on NEAR blockchain and move assets (including ERC-20 tokens) between Ethereum, NEAR and Aurora via the Rainbow Bridge..

Aurora’s base token is ETH to deliver the best user experience and familiar tooling for developers.

AURORA token is a governance token to ensure proper upgrades to the protocol.
Aurora is governed by AuroraDAO which includes representatives from different ecosystems and sectors of the blockchain industry.