## सीरम (SRM) क्या है?
 
 सीरम एक विकेन्द्रीकृत विनिमय ([DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex)) और एक इकोसिस्टम है जो विकेंद्रीकृत वित्त ([DeFi](https://coinmarketcap.com/defi/)) के लिए उच्च गति और कम लेनदेन लागत लाता है। यह परमिशनलेस है और इसे सोलाना ब्लॉकचेन पर बनाया गया है।
 
 सीरम को अपूर्ण विकेंद्रीकरण के कारण मौजूद मौजूदा DeFi क्षेत्र में कमजोरियों को खत्म करने के लिए बनाया गया है। यह पूरी तरह से विकेन्द्रीकृत होने का दावा किया जाता है और क्रॉस-चेन ट्रेडिंग समर्थन के साथ एक गैर-कस्टोडियल एक्सचेंज पर चलता है और वो भी बिना नो योर कस्टमर (KYC)आवश्यकता के।
 
 सोलाना एक वेब-स्केल ब्लॉकचेन है जो प्रति सेकंड 50,000 लेनदेन तक पहुंच सकता है। यह एक सत्यापन योग्य विलंब फ़ंक्शन के माध्यम से प्राप्त किया जाता है, जिसे SHA 265 हैश श्रृंखला के रूप में जाना जाता है, जो आशावादी समवर्ती नियंत्रण को सक्षम करता है।
 
 सीरम को सीरम फाउंडेशन द्वारा विकसित किया गया है, जिसे क्रिप्टोकरेंसी, ट्रेडिंग और विकेन्द्रीकृत वित्त में विशेषज्ञों के एक समूह द्वारा समर्थित किया जाता है। इस परियोजना को बड़ी संख्या में फर्मों का भी समर्थन प्राप्त है।
 
 ### सीरम के संस्थापक कौन हैं?
 
 सीरम की सह-स्थापना सैम बैंकमैन-फ्राइड ने की थी। वह FTX क्रिप्टोकरेंसी डेरिवेटिव एक्सचेंज के सीईओ और अल्मेडा रिसर्च क्वांटिटेटिव ट्रेडिंग फर्म के सह-संस्थापक भी हैं। बैंकमैन-फ्राइड द सेंटर फॉर इफेक्टिव अल्ट्रूइज्म के डेवलपमेंट डायरेक्टर और जेन स्ट्रीट में एक ट्रेडर के रूप में भी काम करते थे।
 
 बैंकमैन-फ्राइड ने मैसाचुसेट्स इंस्टीट्यूट ऑफ टेक्नोलॉजी से भौतिकी में स्नातक की डिग्री के साथ स्नातक किया।
 
 ### क्या बनता है Serum को सबसे अलग?
 
 SRM एक उपयोगिता टोकन है जिसका उपयोग सीरम इकोसिस्टम पर किया जाता है। इसका क्रॉस-चेन स्वैप प्रोटोकॉल उपयोगकर्ताओं को एक भरोसेमंद तरीके से ब्लॉकचेन के बीच संपत्ति का आदान-प्रदान करने की अनुमति देता है।
 
 सीरम एक विकेन्द्रीकृत स्वचालित पूर्ण सीमा ऑर्डर बुक प्रदान करता है जो व्यापारियों को प्रत्येक ऑर्डर पर पूर्ण नियंत्रण प्रदान करता है। पूर्ण ईथीरियम और सोलाना एकीकरण सीरम को तेज और अधिक कुशल बनाता है जबकि इसे [ERC 20](https://coinmarketcap.com/hi/currencies/erc20/) टोकन के साथ इंटरऑपरेबल करने की इजाजत देता है।
 
 भौतिक रूप से व्यवस्थित क्रॉस-चेन कॉन्ट्रैक्ट सिंथेटिक परिसंपत्तियों पर डेफी में आसान मार्जिन स्थिति की अनुमति देते हैं। [SerumBTC बिटकॉइन (BTC](https://coinmarketcap.com/hi/currencies/bitcoin/)) के लिए ERC20- या सोलाना-आधारित टोकन बनाने के लिए एक मॉडल है और SerumUSD एक विकेन्द्रीकृत USD-पेग्ड स्थिर मुद्रा बनाने के लिए एक मॉडल है।
 
 स्टेकिंग पुरस्कार नोड्स के प्रदर्शन के आधार पर वितरित किए जाते हैं, जो महत्वपूर्ण ऑन-चेन क्रियाओं को ध्यान में रखते हैं, जैसे कि क्रॉस-चेन सेटलमेंट सत्यापन के लिए ब्लॉकचेन इतिहास की आपूर्ति करना।
 
 उपयोगकर्ता दूसरे नोड की ओर भी दांव लगा सकते हैं। नोड की स्टेकिंग फीस का एक हिस्सा लीडर को जाता है और सभी नोड्स को स्टेकिंग परिणाम प्राप्त होते हैं। ये पुरस्कार नोड कर्तव्यों में उत्पादक भागीदारी के माध्यम से बढ़ते हैं।
 
 #### संबन्धित पेज:
 
 [Enjin Coin के](https://coinmarketcap.com/hi/currencies/enjin-coin/) बारे में और जानें।
 
 [Monero के](https://coinmarketcap.com/hi/currencies/monero/) बारे में और जानें।
 
 [CMC अलेक्जेंड्रिया](https://coinmarketcap.com/alexandria/article/what-is-bitcoin-cash) पर बिटकॉइन कैश के बारे में जानें।
 
 [CoinMarketCap ब्लॉग](https://coinmarketcap.com/alexandria/categories/blog) पर क्रिप्टोकरेंसी की दुनिया के बारे में और जानें।
 
 ### कितने Serum (SRM) कॉइन प्रचलन में हैं?
 
 फरवरी 2021 तक सीरम (SRM) की परिसंचारी आपूर्ति 50,000,000 SRM पर है, जिसमें अधिकतम 50,000,000 SRM की आपूर्ति है।
 
 ### सीरम नेटवर्क कैसे सुरक्षित है?
 
 SRM सीरम का गवर्नेंस टोकन है जो सोलाना ब्लॉकचेन पर आधारित है और इसका ERC20 संस्करण है। इसमें क्रॉस-चेन सपोर्ट है जो विभिन्न ब्लॉकचेन के बीच भरोसेमंद आदान-प्रदान को सक्षम बनाता है। सीरम डिस्ट्रीब्यूटेड लेज़र टेक्नोलॉजी (DLT) के लिए एक प्रमुख सत्यापनकर्ता के माध्यम से एक भरोसेमंद पुल का उपयोग करता है।
 
 ### आप सीरम (SRM) कहां से खरीद सकते हैं?
 
 सीरम (SRM) को निम्नलिखित सहित कई एक्सचेंजों पर खरीदा और बेचा जा सकता है:
 
 * [Binance](https://coinmarketcap.com/hi/exchanges/binance/)
 * [OKEx](https://coinmarketcap.com/hi/exchanges/okex/)
 * [HBTC](https://coinmarketcap.com/hi/exchanges/hbtc/)
 * [BitZ](https://coinmarketcap.com/hi/exchanges/bitz/)
 * [Xtheta Global](https://coinmarketcap.com/hi/exchanges/xtheta-global/)
 
 यदि आप क्रिप्टोकरेंसी खरीदने, बेचने या व्यापार करने के लिए नए हैं, तो आप हमारे बिटकॉइन खरीद [गाइड](https://coinmarketcap.com/how-to-buy-bitcoin/) को पढ़ सकते हैं।
 
 यहां कुछ अन्य लेख दिए गए हैं, जिनमें आपकी रुचि हो सकती है:
 
 * [Crypto Faucet क्या है?](https://coinmarketcap.com/alexandria/article/what-is-a-crypto-faucet)
 * [क्रिप्टो डेबिट कार्ड क्या हैं?](https://coinmarketcap.com/alexandria/article/what-are-crypto-debit-cards)
 * [वेब 3.0 क्या है?](https://coinmarketcap.com/alexandria/article/what-is-web-3-0)
 * [यील्ड फार्मिंग(Yield Farming) क्या है?](https://coinmarketcap.com/alexandria/article/what-is-yield-farming)
 * [क्रिप्टो ऋण(Crypto Lending) क्या है?](https://coinmarketcap.com/alexandria/article/what-is-crypto-lending)

What Is Solana? A Guide to Solana's Ecosystem

Serum

Ledger

HyperPay

Trust Wallet

MetaMask

Binance Chain Wallet

SolFlare

Backpack

Phantom

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

REVV

EverRise

Hemule

Lumerin

Cross The Ages

Project WITH

Dejitaru Tsuka

GameSwift

Realio Network

Chickencoin

Gekko HQ

Book Of Matt Furie

Panther Protocol

DAV Coin

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity.
RAY is the native utility token used for:

Staking to earn protocol fees

Staking to receive IDO allocations

Governance votes on protocol decisions

Raydium

FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019. On Nov. 11, 2022, FTX filed for Chapter 11 bankruptcy protection in the U.S., and is currently undergoing proceedings. Some of the information below may not reflect the current standings of the FTX exchange, please proceed with caution when interacting with the FTT token.

The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement. FTX is a centralized crypto exchange launched by Sam Bankman-Fried in 2019, backed by significant trading companies in the industry, including Almeda Research, OTPP, Temasek, BlackRock, Coinbase Ventures and Sequoia Capital. As of 2022, the platform has over a million registered members, and the daily trading volume has reached billions of dollars.

In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model.

On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet.

Another feature of the FTT are leveraged tokens, which allow traders to put leveraged positions without the need to trade on margin. If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX. These tokens are ERC20-compatible and can be listed on any spot exchange. FTX currently offers XRP, BNB, TRX, BTC, ETH, EOS, USDT and LEO leveraged tokens.

A year after its founding, FTX Exchange introduced the exchange token called FTX Token or FTT. The FTT coin is an ERC-20 standard token that is actively used by ecosystem participants.

Initially, FTT was established as a reward for exchange transactions; however, over the years the list of functions has grown:

FTT is applicable in the creation of leveraged tokens on the FTX Exchange; users can receive VIP discounts in the form of FTT depending on the number of coins they own, and it’s possible to earn rewards for providing liquidity through futures positions.

In order to maintain its value, the exchange regularly buys back and burns its tokens, spending on the purchase of FTX: 33% of trading fees, 10% of the reserve fund, and 5% of other commissions.

FTT Token use cases:

1/3 of the commissions received from transactions on FTX are utilized to buy back FTT. Tokens redeemed in this way are burned;

FTT tokens are used to reduce trading fees and to secure futures positions;

Profits from massive market movements are distributed among the holders;

By purchasing a white label version of FTX’s OTC portal and futures market, institutions and investors pay expenses in FTT tokens;

By creating leveraged tokens, projects can pay listing fees with FTT;

Users can stake FTT to benefit from discounts, bonus votes, and blockchain fee waivers.

One benefit of FTX Token (FTT) is commission discounts. Members pay a low fee and obtain tighter spreads. Traders use FTT as collateral, and those who are active on FTX Exchange see percentage differences of up to 60%. Traders get insurance protection, which ensures a net profit in moments of market volatility, then makes it possible to continue trading even without a margin call.

In addition to the fact that FTT is useful for opening positions with leverage, FTT staking also offers perks: discounts, the opportunity to win NFTs, participation in airdrops, bonus votes and IEO tickets.

FTX Token

Audius is a decentralized music streaming protocol initially built on POA network, but now living on Solana. Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their audience.

Audius aims to align the interests of artists, fans, and node operators through its platform powered by its native AUDIO token. Artists can upload music, stored and distributed by content and discovery nodes, that fans can listen to for free. Currently, Audius rewards content creators through rewards like featuring in the weekly trending lists. In the future, it plans to integrate stablecoins for artists to offer paid content, as well as artist tokens that give fans the ability to access exclusive content, potentially cooperating with platforms like Rally.

Audius

Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.

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

Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.

The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.

Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.

Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.

According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.

Harmony

Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers.

Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.

By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”

The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product.

Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.

Kusama

Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.

Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.

Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.

Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs).
Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:

Infuses them with a reserve value

Ensures their transparency and scarcity

Gives them instant liquidity

Provides utility in games and apps

Anti-inflationary

Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.

The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.

Founded in 2009, Enjin has roots in the gaming industry, with the company’s first product, a gaming community platform called the Enjin Network, growing to 20 million users over the course of a decade.

In 2017 following an ICO, Enjin established itself as a leading blockchain ecosystem developer, building a suite of software products that enable anyone to easily mint, manage, trade, distribute, and integrate blockchain assets.

Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.

Built on top of an on-chain infrastructure, the Enjin ecosystem enables game developers and businesses of all sizes to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), a cryptocurrency used to back the value of blockchain assets.

Enjin Coin

SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.

SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.

SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.

SushiSwap

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

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

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

Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.

Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.

In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.

Curve DAO Token

COTI is a fast and light confidentiality layer on Ethereum. Powered by the breakthrough cryptographic protocol Garbled Circuits and secured by Ethereum, COTI introduces the most advanced and compliant solution for data protection on the public blockchain. Paving the way for the next wave of Web3 innovation and adoption, COTI unlocks a whole new world of use cases, including confidential transactions, Artificial Intelligence, DeFi, decentralized identification, and more.

COTI

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.

Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.

The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.

Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.

Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate DeFi and related services on the basis of smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom's EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.”

One of Fantom's key strengths is its performance and efficient transaction processing, namely thousands of transactions per second, where transactions are settled in 1-2 seconds, and the cost is fractions of a cent per transaction. As a result, Fantom provides higher scalability but at a lower cost.

The ecosystem is based on two main technologies: Lachesis protocol and Opera.

The Lachesis protocol is the core consensus layer that secures the Fantom network by providing both transaction speed and security.

Lachesis is an aBFT consensus engine that uses a directed acyclic graph (DAG) algorithm. How it works: network data can be processed at different times, and the network filters the participants, allowing only one third, which are allocated due to erroneous or malicious behavior, without compromising network processes.

Fantom's Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism maintains the efficiency of the entire network, its design provides security at maximum speed. Fantom developers emphasize that the PoS mechanism is a leaderless phenomenon — there are no leaders of blocks and participants, and anyone can join (or leave) the network of nodes at a convenient moment.

The key qualities of Lachesis are: asynchronous, leaderless, Byzantine fault-tolerant, and near-instant finality.

As for Opera, it's an application development layer or Fantom's mainnet deployment platform, permissionless and open-source hosting DApps. Thanks to EVM integration and support for the Solidity programming language, Fantom has a full set of smart contract capabilities, which allows users to seamlessly interact with Ethereum platforms while maintaining the advantage of Fantom's transaction efficiency.

The Fantom Foundation concluded that removing block leaders improves network security, so Opera uses a PoS model and leaderless validators (validators do not determine which blocks are valid).

In addition to being a fast, secure and cheap payment platform that enables to make fast and secure payments at minimal cost, Fantom also features on-chain governance where users vote with FTM tokens (one token equals one vote). Of the features: users have the right to express the degree of agreement / disagreement on a scale from 0 to 4.

FTM is the native utility in-house PoS token of Fantom that powers the ecosystem and is applied for payments, network fees, staking, and governance. FTM forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.

Fantom

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

OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.

The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of.

The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.

OMG Network

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

LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.

In 2020, the average daily trading volume of the entire cryptocurrency market fluctuated in the approximate range of $50-$200 million. Most of that trading is conducted on centralized cryptocurrency exchanges — online platforms operated by private companies that store users’ funds and facilitate the matching of buy and sell orders.

Such platforms have a number of downsides common to all of them, so a new type of exchange — decentralized— has emerged to try to alleviate these disadvantages. However, fully decentralized exchanges are not without their own flaws.

Loopring’s purported goal is to combine centralized order matching with decentralized on-blockchain order settlement into a hybridized product that will take the best aspects of both centralized and decentralized exchanges.

LRC tokens became available to the public during an initial coin offering (ICO) in August 2017, while the Loopring protocol was first deployed on Ethereum mainnet in December 2019.

Loopring

What Is Ankr (ANKR)?

Ankr is a decentralized blockchain infrastructure provider that operates an array of nodes globally distributed across over 50 Proof-of-Stake networks. This infrastructure helps drive the growth of the crypto economy while powering a full suite of multi-chain tools for Web3 users:

Ankr Build
Ankr provides comprehensive blockchain developer solutions, including traditional APIs, a decentralized multi-chain network of public RPC nodes used to access blockchain data and execute code, and tools like Ankr Scan to view on-chain information across blockchains.

Ankr Earn
Ankr Earn makes staking, liquid staking, and other yield-earning opportunities easy and accessible to any crypto investor. Ankr creates the most scalable and decentralized staking infrastructure solution that aims to solve the capital inefficiency of Proof-of-Stake networks and similar blockchain consensus mechanisms.

Ankr Learn
Through Ankr’s learning tools, tutorials, and docs, anyone can become a better user or developer of blockchain-based systems.

Ankr

Tezos is a high-performing blockchain and open-source platform for assets and applications, with a strong focus on code security, on-chain governance, and decentralization. Tezos 2.0, the upcoming step in the evolution of Tezos, aims to improve scalability (via layer 2s), composability, and to implement support to mainstream programming languages (like Javascript, Typescript, Python, and many others).

Initially built with formal verification in mind, the Tezos protocol enables builders to avoid bugs when developing smart contracts, making it particularly suited to applications that require a high degree of security and certainty.

Tezos’ LPoS (Liquid Proof-of-Stake) consensus mechanism enables any stakeholder to take part, directly or by delegation, in the consensus process, and to be rewarded for securing the network. Rather uniquely, Tezos’ on-chain governance system also enables stakeholders to create and vote on protocol upgrade proposals. This pioneering system allows the protocol to self-amend and upgrade itself without leading to a split (or fork) in the blockchain, empowering the community without slowing down innovation.

First proposed in 2014 and launched in 2018, the Tezos Mainnet has a proven track record of running uninterrupted ever since, having earned a strong reputation for technical excellence and a supportive community.